SoftM Software und Beratung AG
euro adhoc: SoftM Software und Beratung AG
Quarterly or Semiannual Financial
Statements
Group Interim Report for 2ndQuarter 2005: SoftM increases
significantly revenues and result
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
18.08.2005
- Increase of quarterly revenues compared to first quarter by 14% to 19.0 million Euro - EBT of 0.7 million Euro compared to - 0.9 Mio. Euro in the first quarter of 2005 - EBT of -0.2 million Euro in the first six months of 2005
SoftM Software und Beratung AG (ISIN: DE0007249104), Munich, was, for all the difficult market environment, able to significantly increase Group revenues by 14% to 19,0 million Euro (previous year 20,2) in the second quarter of 2005 compared to the first quarter of 2005 (16.6). For the first half year 2005 revenues were 35.6 million Euro (previous year 39.9).
For the standard software sector revenues came to 7.3 million Euro in the first six months of 2005 (previous year 6.8) being 8% higher than that of last year; of which 3.8 million Euro revenues were reached in the second quarter (previous year 3.6). In the first six months of 2005 SoftM realized revenues of 10.8 million Euro (previous year 11.6) in the consulting business area, with revenues in this area of 5.4 million Euro in the second quarter (previous year 5.5). The business area system integration showed revenues in the second quarter of 9.8 million Euro (previous year 11.1) and for the first six months of 17,5 Mio. Euro (previous year 21.5)
In the first six months SoftM was able to significantly increase the operating result, the EBITDA, to 1.8 million Euro (previous year 1.7) compared to the first quarter (0.1). EBITDA for the first six months of 2005 came to 1.9 million Euro (previous year 2.7)
SoftM realized earnings before taxes (EBT) of 0.7 million Euro (previous year 0.1) in the second quarter of 2005 as opposed to -0.9 million Euro in the first quarter of 2005. The SoftM EBT for the first six months of 2005 showed a slight improvement to -0.2 compared to that of the previous year of -0.4 million Euro. Group result after the first six months came to -0.3 million Euro (previous year -0.6). Result per share amounted to - 0.05 Euro (previous year -0.13) as of June 30, 2005.
SoftM showed an operating cash flow in the first six months of 8.2 million Euro (previous year 10.7).
The market situation for SoftM has not changed in the second quarter of 2005 as compared to the first. Due to the continuing weak economy, the willingness of small and medium sized businesses to invest remains stagnant.
The Group Interim Report as of June 30, 2005 is available on the internet page www.softm.com.
end of announcement euro adhoc 18.08.2005 08:03:39
Further inquiry note:
Dr. Johannes Weidelener
Investor Relations
+49 (0)89 14329 1169
johannes.weidelener@softm-ag.de
Branche: Software
ISIN: DE0007249104
WKN: 724910
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
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