Ad hoc announcement § 15 WpHG secunet Security Networks AG: forecast for the 2010 financial year revised downward
[Essen, 24 September 2010] As a result of the ongoing restructuring of state budgets, in particular by the German Bundeswehr, a key client, acquisitions for large-scale projects of secunet Security Networks AG have had to be delayed. Based on current projections, the Board of Management of secunet Security Networks AG therefore regards it as unlikely that the sales and profit targets set for the 2010 financial year will be met. Previously, a stable year-on-year result in terms of sales and EBIT had been the objective. The expected effects have led the forecast for 2010 to be revised downward; the secunet Group is thus now estimating sales revenue of around EUR 57 million with EBIT over EUR 2 million. However, the fourth quarter, which traditionally sees a strong performance, remains the decisive factor for the achievement of the forecast figures.