The provider of technology solutions and services, Enterprise Software and ITK-Outsourcing Services, has today published its audited results for 2005. According to these, the company again achieved double digit growth in sales and earnings during the past year and set new records. Sales improved by a good 13% from 35.2 million EUR to 39.8 million EUR, whilst the EBIT increased by almost 19% from 1.6 to approx. 2 million EUR. The financial results rose by 25% to 1.0 million EUR (2004: 0.8 million EUR). In the case of the annual net profit, which advanced from 2.1 million EUR to 2.5 million EUR, the rate of increase was approximately 19%. This corresponds to a profit per share of 0.17 EUR after 0.14 EUR.
Investments increased dramatically in 2005 and were the most extensive in the history of the company. Approximately 10.8 million EUR were spent on new developments and corporate investments. Compared with 2004, this was an increase of more than 350%. With liquid resources (including trading securities) of a good 28.8 million EUR, Pironet NDH still retains a comfortable financial framework, which accounts for approx. 2 EUR per share and represents approx. 46% of the balance sheet total.
For 2006 Pironet NDH anticipates growth in sales above the average for the trade, again with a disproportionately large increase in profits.
Investments increased dramatically in 2005 and were the most extensive in the history of the company. Approximately 10.8 million EUR were spent on new developments and corporate investments. Compared with 2004, this was an increase of more than 350%. With liquid resources (including trading securities) of a good 28.8 million EUR, Pironet NDH still retains a comfortable financial framework, which accounts for approx. 2 EUR per share and represents approx. 46% of the balance sheet total.
For 2006 Pironet NDH anticipates growth in sales above the average for the trade, again with a disproportionately large increase in profits.
