In the first six months of 2014, CENIT AG generated consistent sales compared to the same period last year. The PLM segment grew by around 3%, while the EIM segment faces a further decline due to the ongoing restructuring measures. EBIT however increased significantly by 17% to EUR k 4,264. Sales of third-party software developed positively as well and could be increased by about 2%.
During the first six months, CENIT group generated sales revenues of EUR k 59,700 (prior year: EUR k 60,389/-1.1%). Sales revenues in CENITs consulting and services segment decreased by -3.6% to EUR k 26,932 (prior year: EUR k 27,937). Sales of third-party software increased by approx. 2.2% to EUR k 26,361 (prior year: EUR k 25,793). Sales proceeds from CENIT’s proprietary software declined from EUR k 6,540 to EUR k 6,141 (-6.1%).
The gross yield (operating output less cost of materials) amounted to EUR k 36,960 (prior year: EUR k 36,590), representing growth of 1.0%. CENIT achieved EBITDA of EUR k 5,481 (prior year: EUR k 4,800/14.2%) and EBIT of EUR k 4,264 (prior year: EUR k 3,645/17.0%). Results per share were EUR 0.36 (prior year: EUR 0.31).
To view an unabridged version of this press release, visit: http://www.cenit.com/en_EN/news/display/news-detail/article/cenit-remains-on-track-sales-in-line-with-expectations-ebit-was-exceeded-in-q2.html