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Realtime Technology AG: RTT announces preliminary results: strong double-digit revenue and EBITDA growth in the first half of 2012
Realtime Technology AG / Key word(s): Half Year Results 20.07.2012 10:00 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- CORPORATE NEWS 05/2012 RTT announces preliminary results: strong double-digit revenue and EBITDA growth in the first half of 2012 Munich, July 20, 2012 - Realtime Technology AG (RTT) (ticker symbol: R1T) today provides a positive outlook on its financial results for the first six months of 2012: the preliminary consolidated revenues amount to 33.3 million euros, representing an increase in revenue of 29 percent vs. 25.9 million euros in revenue in the first half of 2011. The company's EBITDA for the first six months of 2012 is 4.6 million euros, representing an increase of 64 percent over 2.8 million euros of EBITDA in the first half of 2011. The strong revenue growth in the period was driven by significant increased adoption of RTT's software, consulting and creative services by new clients and by increased penetration among existing clients. Growth occurred across all major geographies and across all major sectors. RTT's significant EBITDA increase in the period reflects the considerable scalability of its software, consulting and creative offerings. It also underscores the very high client retention rates and the continued opportunity for further penetration of existing accounts. RTT is an important strategic partner for companies in a diverse array of industries due to well-established experience, profound process knowledge and unparalleled, concentrated expertise. RTT helps clients address the challenges of globalization and digitalization through efficient control of the entire product lifecycle. The Managing Board expects this positive growth trend to continue in the second half of the year, driven by increased utilization by new and existing clients of digital 3D content. RTT is already seeing indications of strong growth for the second half of the year. For more information about RTT, visit http://www.rtt.ag/en/investors. About RTT RTT is the leading, one-stop-provider of high-end software, consulting and creative services in professional, 3D visualization. As a strategic partner, RTT offers sustainable, effective and seamless process support across the entire product lifecycle with its holistic approach. As a result, products are developed faster and more cost-effectively while time-to-market is significantly reduced. Through creative, photorealistic CGI implementations RTT enables innovative sales and marketing advantages and new dimensions of emotional brand staging. The Group's customer-base includes companies like Adidas, Audi, BMW, EADS, Electrolux, Ferrari, General Motors, Harley-Davidson, Porsche, The North Face and Volkswagen. RTT AG was founded 1999 in Munich and is listed on the Frankfurt Stock Exchange (Xetra: R1T; WKN: 701220; ISIN: DE0007012205) with about 600 employees at 14 offices worldwide (as of June 30, 2012). For more information, visit www.rtt.ag. IR-Contact RTT AG Zeljka Skoko Tel: +49 (0)89 200 275 285 E-Mail: zeljka.skoko@rtt.ag 20.07.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Realtime Technology AG Rosenheimer Str. 145 81671 München Germany Phone: +49 (0)89 - 200275 - 0 Fax: +49 (0)89 - 200275 - 200 E-mail: info@rtt.ag Internet: http://www.rtt.ag ISIN: DE0007012205 WKN: 701220 Listed: Freiverkehr in Berlin, Stuttgart; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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