S&T Syst. Integ. & Tech. Distr. AG
S&T AG: S&T Announces Preliminary Figures for 2005
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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S&T Announces Preliminary Figures for 2005
Strategy confirmed:
Sales +61.3%; EBIT +63.5%
* Sales EUR 354 million (previous year: EUR 219.5 million)
* EBIT EUR 8.5 million (previous year: EUR 5.2 million)
* Focus on IT solutions and optimization of Group structure to drive earnings
and growth
January 26th, 2006. Vienna – Austria. Based on preliminary data, S&T System
Integration & Technology Distribution AG (ISIN AT0000905351), listed in the
ATX Prime on the Vienna Stock Exchange, achieved a significant increase in
sales and earnings in fiscal year 2005, scoring success across the board.
In fiscal year 2005, sales increased by EUR 134.5 million to EUR 354 million,
up 61.3% on the previous year. Earnings before interest and tax (EBIT) were
boosted by 63.5% on the previous year, rising from EUR 5.2 million to EUR 8.5
million.
According to S&T CEO Christian Rosner, “these results represent a milestone in
the development of the company’s business. We were able to achieve a
significant improvement in the operating result, while at the same time moving
forward with our dynamic growth strategy and a series of acquisitions. We can
be proud of our fine achievements in 2005, as we can quite honestly say that
these are record-setting results.”
The increase in the operating result in 2005 was based on two positive
developments: vigorous expansion of the IT solutions business, including the
acquisition of the SAP specialist EFP/Varias and the Serbian banking software
specialist SITO, as well as streamlining of the Group’s structure.
Outlook
In 2006, no major changes in macro-economic conditions are anticipated
compared to 2005. According to IDC, growth in IT markets in Central and
Eastern Europe is expected to continue to be above average. “Being the largest
Austrian IT company and market leader in CEE, our goal is to consistently
expand our market share in the markets in which we do business. In addition to
reinforcing our competitive position, an improvement in margins at the Group
level will be made possible by reaching the necessary critical mass in the
individual markets. Accordingly, we intend on vigorously pursuing our strategy
of expansion and acquisitions in the future, and to this end we are currently
reviewing 4 potential takeover targets,” explained S&T’s Management Board
Chairman.
Final results for the fiscal year ended December 31st, 2005 will be released
by S&T on March 28th, 2006.
Conference Call
S&T management will be available for a conference call on January 26th, 2006,
at 16:00 CET. In order to participate, please call 0049 (0)69 2222 7111, 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 February 1st, 2006, on the S&T homepage: http://www.snt.at
About S&T – http://www.snt.at – XETRA VIENNA: SNT
With some 1,750 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 20 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
S&T Syst. Integ. & Tech. Distr. AG
Geiselbergstraße 17-19
1110 Wien
Austria
ISIN: AT0000905351
WKN: 915194
Listed: Amtlicher Markt in Wien; Open Market in Frankfurt; Freiverkehr in
Berlin-Bremen, München und Stuttgart
End of ad hoc announcement (c)DGAP 26.01.2006
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