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secunet 2009: revenue up 27 percent, EBIT up 136 percent
The particularly good fourth quarter played a decisive role here, with the company's business performance in this quarter (traditionally the strongest) also benefitting from projects awarded as a result of the German government's economic rescue package. These factors combined made it possible to achieve revenue of EUR 28.8 million and earnings before interest and tax (EBIT) of EUR 4.9 million in Q4 2009. As a result, the secunet Group - with EBIT of EUR 4.4 million for the full year - was able to more than double the prioryear figure.
"The success of our business makes it clear that we are on the right strategic track", comments Dr. Rainer Baumgart, Chairman of the Management Board of secunet Security Networks AG. "Highquality products and superior technological competence are soughtafter even in times of crisis."
The order book, which has been at a consistently high level, bodes well for the current year: at the end of 2009, it amounted to EUR 30.3 million, compared with 31.1 million on 31 December 2008.
secunet will publish its full annual financial statements and annual report for 2009 on 19 March 2010.
This press release contains prospective statements. Prospective statements are statements which do not describe actual facts from the past; they also comprise of statements about our suppositions and expectations. Every statement in this press release which reflects our intentions, suppositions, expectations or forecasts (together with the suppositions which give rise to such views) constitutes a prospective statement. These statements refer to plans, estimates and forecasts which the management of secunet Security Networks AG currently dispose of. Thus prospective statements only refer to the day on which they were made. We shall accept no obligation to further develop such statements in the light of new information or future results.
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