IBS AG excellence, collaboration, manufacturing
EANS-News: IBS AG excellence, collaboration, manufacturing
IBS AG announces
preliminary figures for first half of 2011
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The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 6-month report Hoehr-Grenzhausen (euro adhoc) - IBS AG excellence, collaboration, manufacturing: IBS AG announces preliminary figures for first half of 2011 - Turnover for first half of 2011 reaches 11,754K EUR, increasing by approximately 21 per cent from the previous year's volume of 9,714K EUR - Earnings before interest and taxes (EBIT) rise to 972K EUR (previous year: 958K EUR) - Increase in the volume of orders on hand of 27.2 per cent to 13,527K EUR - Operative cash flow rises to 1,455K EUR - 2011 forecast reaffirmed: double-figure percentage anticipated for growth in turnover Hoehr-Grenzhausen, 4th August 2011: IBS AG, listed in the Prime Standard of the Frankfurt stock exchange (ISIN DE0006228406), achieved a turnover 11,754K EUR during the first half of 2011. Compared to the volume of 9,714K EUR generated during the same period of the previous year, this corresponds to an increase of 2,040K EUR or 21 per cent. Turnover generated in Germany and other EU countries amounted to 7,284K EUR during the first half of 2011 (previous year: 6,669K EUR), thus rising by 615K EUR or 9.2 per cent. There was a 46.8 per cent improvement in turnover from non-EU countries, boosted in particular by the volumes generated in North and South America and also in Asia, bringing the total volume of non-EU turnover up to 4,470K EUR (previous year: 3,045K EUR). The IBS Group generated earnings before interest and taxes (EBIT) to the sum of 972K EUR during the first half of 2011 (previous year: 958K EUR), corresponding to an increase of 14K EUR or 1.5 per cent. This includes expenditure to the sum of approximately 200K EUR for the development of the Company's China-based business. The EBIT margin, which corresponded to 8.3 per cent during the period under review, corresponded to 9.86 per cent during same period of the previous year. Earnings before taxes, which amounted to 935K EUR, were comparable with those of the previous year (938K EUR). At the end of the first six months of the current financial year the IBS Group had generated an overall net profit for the period of 913K EUR. This compares to 948K EUR generated during the same period of the previous year. Undiluted earnings per share (EPS) amounted to 14 Euro cents (0.14 EUR) during the period under review, reaching the level same as that of the same period of the previous year. Operative cash flow rose by 51.9 per cent to 1,455K EUR during the first half of 2011, compared to 958K EUR during the first half of 2010. There was once again a positive development in the volume of orders on hand, which amounted to 13,527K EUR as at 30th June 2011. This corresponds to an increase of 27.2 per cent compared to the previous year's value of 10,632K EUR. Liquid funds amounted to 6,144K EUR as at 30th June 2011 (30th June 2010: 5,860K EUR). Shareholders' equity further increased to 15,709K EUR (30th June 2010: 14,800K EUR). The shareholders' equity ratio for the Group was 63 per cent as at 30th June 2011. Liquid funds and the large volume of shareholder's equity enable the IBS Group to continue carrying out its investment activities independently of banks. Outlook 2011 The IBS Corporate Group successfully maintained its strategic alignment with the development of its technological leadership in solutions for integrated quality, production and compliance management during in the period under review. In particular, the Company recognises great future potentials in the new business sector "energy management" and in the development of its international presence. The newly-founded subsidiary IBS Industrial Business Software (Shanghai) Ltd. will further boost the Company's development of the Chinese market. The IBS AG Board of Management has reaffirmed its forecast, anticipating a double-figure percentage in turnover growth for the 2011 financial year. The full interim report for the first six months of 2011 will be announced on 10th August 2011 and will be available for download from www.ibs.ag.de in German and English language from this time. About IBS AG: IBS AG is a leading supplier of cross-company standard software systems and consulting services for industrial quality, production, traceability and compliance management. In keeping with the corporate philosophy "The Productivity Advantage", IBS AG's Best Practice solutions contribute to a sustainable boost in corporate productivity. IBS customers receive the support of a team of experienced consultants and specialists throughout each phase of the project and beyond. IBS AG, founded in 1982, today employs over 200 personnel in Europe, China and the USA. The Company is listed in the Prime Standard of the German Stock Exchange in Frankfurt/Main (ISIN DE0006228406) and is also member of the GEX-German Entrepreneurial Index. IBS AG software installations amount to over 4,000 worldwide and can be found at companies such as Audi, Beam Global, BMW, BorgWarner, BOSCH, Caterpillar, Daimler, Electronic Networks, FCI Automotive, Goodyear, Kimberly Clark, KEIPER, Liebherr, Magna Automotive, Kautex Textron, Parker Hannifin, Procter & Gamble, Rock Tenn, Porsche, Siemens, SMA Solar Technology, ThyssenKrupp and W.L. Gore. Contact: Investor Relations IBS AG c/o MLC Finance GmbH Mussener Weg 7 95213 Muenchberg Germany Susan Hoffmeister Tel.: + 49 89 898 272 27 Fax: + 49 89 895 206 22 E-mail: investorrelations@ibs-ag.de Further inquiry note: Susan Hoffmeister Tel.: + 49 89 898 272 27 Fax: + 49 89 895 206 22 E-mail: investorrelations@ibs-ag.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: IBS AG excellence, collaboration, manufacturing Rathausstrasse 56 D-56203 Hoehr-Grenzhausen phone: +49(0)2624 9180-424 FAX: +49(0)2624 9180-966 mail: investorrelations@ibs-ag.de WWW: http://www.ibs-ag.de sector: Software ISIN: DE0006228406 indexes: CDAX stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English