[Essen/Germany, 11 April 2006] On the basis of preliminary calculations secunet Security Networks AG (ISIN DE0007276503, WKN 727650) achieved sales in the amount of approximately Euro 6.6 million during the first quarter 2006. This represents a decline of 12% versus the sales of the prior year quarter (Euro 7.5 million). Apart from normal seasonal business fluctuations, the reasons for this result are above all delays in the conclusion of projects and the preparation of large projects.
Earnings before interest and taxes (EBIT) of secunet Security Networks AG declined at the same time from Euro 0.8 million in the first quarter of 2006 to Euro -0.2 million during the first quarter of the current year according to preliminary calculations. The reasons for this are the relatively low capacity utilisation, the sales mix as well as expenditure for the future in respect of the preparation of large projects.
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