Pironet NDH AG: Clear positive trend in revenue, company result and net liquidity in first quarter of 2012

(PresseBox) ( Cologne, )
After a successful turnaround in the last fiscal year 2011, Pironet NDH AG has started 2012 by consistently and successfully continuing on its stated course to further increase group profitability. The positive result is clearly reflected in the financial figures for the first quarter.

Increases in revenue and new business

Compared to the previous year, the company was thus able to increase total revenue significantly in the first three months by more than 9% to EUR 12.9 million (previous year: EUR 11.8 million). These figures also contain first revenues from the new business activities connected with implementing Private Clouds, which were established in the first quarter.As part of these activities, Pironet NDH supports both medium-sized and large enterprises in planning and setting up their own IT and Cloud Systems and in operating these in their own data centre at the customer location.

A complete turnaround was achieved in the operating result (EBIT). Following a loss in the first quarter of the previous year of EUR -0.20 million, on 31/03/2012 Pironet NDH AG reported a considerably improved positive EBIT of EUR 0.45 million and an EBT of EUR 0.65 million (previous year: EUR -0.11 million).

Further increase in liquidity

In addition to the good figures with regard to revenue and company result, the net financial resources also increased further in the first quarter of 2012 to EUR 19.0 million. At the end of the reporting year 2011, EUR 15.7 million was reported here. This growth of more than 20% contains, among other things, the revenue received in conjunction with the sale of the share in xplace GmbH.

Capital market communication and appointment of Chief Financial Officer

In order to ensure a high level of transparency and comprehensive reporting, Pironet NDH AG has also been intensifying its capital market communication since the beginning of the year. Investor events and increased investor and press relations are designed to present the business activities and corporate goals on the capital market even more effectively in the future. The company's Supervisory Board has also appointed Dirk Schemmann as a further member of the Management Board. From 1 April 2012, Dirk Schemmann has been responsible for the finance division of Pironet NDH AG.
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