Integralis AG: Successful start to 2008
Over 58% increase in operating earnings in the first quarter of 2008
At the end of the first quarter, the Integralis Group recorded total revenues of € 39.4 million (previous year € 32.9 million), an increase of almost 20% over the same period one year earlier.
With 32.1 %, the gross margin remained at the same level as in the previous two quarters but fell short of the unusually high figure of 37.2 % recorded in the year ago quarter.
However, the over 29% increase in the cost of materials was more than made up for by lower other operating expenses of € 2.8 million (previous year € 3.2 million), as personnel expenses did not grow as quickly as revenues. At € 1.1 million, EBITDA easily exceeded the figure of € 0.8 million recorded in the same quarter one year earlier, while operating earnings (EBIT) rose by over 58 % to € 0.6 million (previous year € 0.4 million).
Earnings before tax (EBT) came to € 0.7 million (previous year € 0.4 million) on account of small net interest income.
Post-tax earnings rose to € 0.8 million (previous year € 0.4 million) as the deferred tax assets exceeded income tax liabilities by € 0.1 million.
Despite the muted outlook for the global economy, Integralis has entered the new year notably more successfully than the previous year, the hitherto most profitable year in its twenty-year history. What is more, the over 68 percent increase in order backlog is providing a solid basis for future business. The Management Board thus still expects revenue growth of 10% in tandem with a 50% improvement in EBIT for this year
NTT Security (Germany) GmbH
As a leading international IT security solutions provider, Integralis offers its customers expert consulting and tailored services to protect their critical business processes. The Integralis product portfolio is based on leading-edge technologies and strategic partnerships oriented to planning, implementing and operating overarching information security architectures. Backed by top-quality skills and experience, the Integralis consulting team supports customers' IT security projects by offering structured methodical and technical consulting and implementation services. Integralis services provide 7/24 multilingual support for the day-to-day operation of customers' security systems around the world. Services comprise the telephone hotline, remote monitoring and administration as well as on-site support. Under the Integralis name, a global network of branches serves a large number of blue-chip companies and public authorities as well as many national and international businesses. Integralis AG is listed in Deutsche Börse AG's Prime Standard (ticker symbol AAGN, ISIN DE0005155030). Further information on Integralis is available on the Internet at www.integralis.com.