S&T Syst. Integ. & Tech. Distr. AG
S&T Syst. Integ. & Tech. Distr. AG: S&T: Half-Year Figures 2006 – Record Result for S&T
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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S&T: Half-Year Figures 2006
Record Result for S&T
Revenues and EBIT hit new highs
– Revenues + 45.7% – EUR 205.8 million
– EBIT +142.8% – EUR 6.1 million
– Rosner: Record result due to clear focus
27 July 2006, Vienna, Austria – S&T System Integration & Technology
Distribution AG (ISIN AT0000905351) has once again boosted revenues and
EBIT to achieve another record-breaking result. This success is a clear
confirmation of the company’s focus on services and industry-specific
solutions.
Record Revenues
In the first six months of the year S&T generated revenues of EUR 205.8
million, an increase of 45.7% on the same period in the previous year
(2005: EUR 141.2 million). Compared to Q2 2005, revenues rose 27.7% from
EUR 82 million to EUR 104.7 million.
In the high-margin Business Solutions segment, revenues in the first six
months leapt by 69.5%, from EUR 26.8 million to EUR 45.4 million. In Q2
they grew from EUR 15 million to EUR 25.4 million.
Record Result
Profits from operations (EBIT) improved 142.8% from EUR 2.5 million in the
first six months of 2005 to EUR 6.1 million in the first half of 2006.
EBITDA rose by 75% from EUR 5.1 million to EUR 8.9 million compared to the
first half of 2005.
‘If one remembers that in 2002 revenues in the Business Solutions segment
totalled EUR 17.2 million for the entire year, and that the same segment
now generates half-year revenues of EUR 45.4 million, it becomes evident
that S&T’s strategy of focussing on services and software solutions is
paying off. We are well on the way to becoming a European key player in the
IT market’, says Christian Rosner, CEO of S&T AG.
Outlook
In order continue its profitable growth course, S&T will in future focus on
its core industries: financial services providers, power utilities,
manufacturing and telecommunications.
The recently-opened nearshoring centre in Romania will also enable S&T to
expand its portfolio of software solutions. Geographical proximity to the
customer and a familiar European partner offer a significant competitive
advantage versus offshoring in Asia.
‘Further acquisitions in the areas of Business Solutions and Managed
Services are assured by a financing reserve of some EUR 50 million.
Achieving further growth throughout the dynamic IT market in Central and
Eastern Europe and expanding S&T’s leading position there remains the prime
goal’ says Christian Rosner, CEO of S&T AG.
Conference Call
S&T management will be available for a conference call on July 27th, 2006,
at 16:00 CET. In order to participate, please call 0049 (0)69 2222 7111
from Germany, 0043 (0)1 7957 6055 for Austrian participants and 0044 (0)20
7784 1004 for participants from the UK a few minutes before the start of
the conference.
As an additional service, a recording of the conference call will be
available from August 3, 2006, on the S&T homepage: http://www.snt.at
About S&T – www.snt.at – XETRA VIENNA: SNT
With some 2,000 employees S&T is the leading provider for IT solutions and
services for customers in Central and Eastern Europe. The company develops
and implements custom-tailored IT solutions for large and medium-sized
telecommunications companies, banks, power utilities, manufacturing
companies and public institutions. Through our subsidiaries in 19 countries
we realize cross-border IT structures, offering our clients outstanding
solutions and service competence.
For further information please contact:
Christian Rosner Margit Hermentin
Chief Executive Officer Head of Investor Relations and
T: +43 (0)1 367 80 88 Corporate Communications
Christian.Rosner@snt.at T: +43 (0)1 367 80 88-1024
M: +43 (0)664 112 36 36
Margit.Hermentin@snt.at
S&T SYSTEM INTEGRATION & TECHNOLOGY DISTRIBUTION AG
Geiselbergstrasse 17-19
1110 Vienna
Austria
(c)DGAP 27.07.2006
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Language: English
Issuer: S&T Syst. Integ. & Tech. Distr. AG
Geiselbergstraße 17-19
1110 Wien Österreich
Phone: +43 1 367 80 88
Fax: +43 1 367 80 88 1099
E-mail: margit.hermentin@snt.at
WWW: www.snt.at
ISIN: AT0000905351
WKN: 915194
Indices: ATX
Listed: Amtlicher Markt in Wiener Börse; Freiverkehr in
Berlin-Bremen, München, Stuttgart; Open Market in Frankfurt
End of News DGAP News-Service
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