Today, secunet presented the preliminary, non-audited turnover and result figures for the financial year 2005. Compared to the previous year, secunet’s turnover rose by 25.9% from Euro 32.4 million to Euro 40.8 million. At the same time, profitability rose disproportionally ninefold: the EBIT increased from Euro 0.5 million in 2004 to Euro 4.5 million. The 2005 EBIT margin amounted to 11% - an increase of 9.5 percentage points compared to the previous year.
Secunet’s 4th quarter 2005 figures even surpassed the record results achieved in the previous year. Turnover amounted to Euro 14.3 million, an increase of 5.1% over the previous year. The EBIT rose by 45.5% from Euro 1.1 million in the financial year 2004 to Euro 1.6 million in Q4 2005.
“Our business model results in stable growth and a steady increase in profitability,“ says Dr. Rainer Baumgart, CEO of secunet Security Networks AG. “Our solutions and consulting services perfectly satisfy our customers’ requests in the high-security field. High demand for these services among government authorities and industrial clients will continue to be our main growth driver."
The order volume gives rise to an optimistic view of the future: at Euro 14.2 million, it exceeds the previous year (Euro 11.1 million) by approx. 28%.
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secunet AG: sustainable growth, rising profitability <br>Preliminary figures for the financial year 2005
• Turnover rises by 25.9% to Euro 40.8 million• EBIT increases ninefold – EBIT margin 11%• Q4 2004 record results surpassed• Large volume of orders[Essen, 3 February 2006] According to preliminary accounting results, secunet Security Networks AG, leading supplier of high-security IT products and services, achieved a substantial increase in its 2005 turnover as well as a major improvement in the 2005 results. In the 4th quarter 2005, the results were once more higher than the strong 4th quarter 2004. The large orders on hand volume in the period under review gives rise to an optimistic view of the future.
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