Inside Information according to Article 17 MAR - secunet Security Networks AG: forecast raised for the 2019 financial year

The background to this is the considerable increase in sales revenues in the first quarter of 2019 and the positive outlook for the financial year as a whole. Sales revenues of secunet Group grew strongly by 49% in the first quarter of 2019 from 27.2 million euros in the previous year to 40.4 million euros. At 84.4 million euros, secunet Group’s order book in accordance with IFRS was also significantly higher as at 31 March 2019 than the figure on the previous year’s reporting date (60.4 million euros).

On this basis, the Management Board of secunet Security Networks AG is raising its forecast for secunet Group to sales revenues of around 190 million euros and earnings before interest and taxes (EBIT) of around 30 million euros (2018 financial year: sales revenues 163.3 million euros, EBIT 26.9 million euros). Until now, the company was anticipating a slight increase in sales revenues and an EBIT margin slightly below the previous year’s level.

Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.



Back