CIMdata PLM Industry Summary Online Archive
15 February 2010
Financial News
CENIT Releases Preliminary Figures for 2009
Over the course of the 2009 business year, CENIT AG was able to prove that the Group can achieve a solid result even in the face of increasingly difficult and unstable economic framework conditions. Indeed, to achieve this feat despite the fact that 2009 saw declining capacity utilization in the service sector. The primary reason for the latter was widespread short-time work in the auto industry customer segment. At the same time, CENIT also had to compensate for persistent investment reluctance in the market for software products.
According to preliminary, unaudited figures, the Group achieved consolidated sales of 86.6 m € (2008: 83.4 m € /+4%). CENIT attained EBITDA of 5.3 m € (2008: 6.2 m €/-13%) and EBIT of 3.9 m € (2008: 4.8 m €/-18%). Earnings per share (EPS) were 0.34 € (2008: 0.40 €/-15%). As at 31 December 2009, the number of employees Group-wide was 695 (2008: 721). At the balance sheet date, equity capital totalled 28.2 m € (2008: 25.4 m €). On the balance sheet date, bank deposits and short-term securities totalled 19.5 m € (2008: 13.2 m €).
Outlook
Over recent years, CENIT AG has created a sound foundation for steady, positive business development. We will continue to build upon this in the years to come, and expect to see positive developments during the 2010 business year. We intend to focus particularly on further developing our operative software business. In addition, our strong cash flow enables us to keep making acquisitions that strengthen us in technological or market position terms.
Detailed results for the 2009 business year as well as the proposal for the allocation of the net profit will be published on the occasion of our balance sheet press conference on 31 March 2010. The figures cited above are preliminary, unaudited Group figures as per IFRS.
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