EANS-News: USU Software AG / USU enjoys positive start to fiscal 2009
Geschrieben am 19-05-2009 |
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
finances
Möglingen (euro adhoc) - Möglingen, May 19, 2009 - With Group sales of EUR 8,325 thousand (Q1 2008: EUR 7,349 thousand), USU Software AG and its subsidiaries (hereafter: "USU Group" or "USU") generated organic growth of EUR 976 thousand or 13.3% in the first quarter of 2009. A key part of this growth was accounted for by license business, which increased its sales as against the same quarter of the previous year by 55.7% to EUR 854 thousand (Q1 2008: EUR 548 thousand). Thanks to the positive order situation and new license agreements in the previous year, maintenance business also reported growth of 8.6% to EUR 1,721 thousand (Q1 2008: EUR 1,586 thousand). Consulting business also picked up in the reporting period with an increase of 11.9% to EUR 5,521 thousand (Q1 2008: EUR 4,933 thousand). Other income amounted to EUR 229 thousand in the first quarter of 2009 (Q1 2008: EUR 282 thousand) and essentially related to merchandise.
At EUR 8,144 thousand (Q1 2008: EUR 7,141 thousand), the Group's costs were up 14.1% on the figure for the previous year. In addition to the targeted investments in the ongoing development of the Group portfolio, international partner business was also expanded in the reporting quarter. As of January 1, 2009, the Management Board of the Group's subsidiary USU AG was joined by the internationally experienced Sven Wilms, now responsible for global sales. At the same time, the Company formed a team of partner managers. These activities have already led to significantly broader market access in the Netherlands, Belgium, Switzerland and Austria. Furthermore, partner structures were also reorganized in the US and Saudi Arabia. Sales partners will be added in other European countries over the course of the second quarter. Initial product training has already taken place to enable the first sales success stories before the end of the current fiscal year.
In total, USU generated a consolidated net profit for the first three months of the current fiscal year of EUR 109 thousand (Q1 2008: EUR 44 thousand). Irrespective of the step-up in activities to increase the internationalization of the USU Group and to expand the partner network and the targeted investments in the ongoing development of the Group's products, USU therefore improved its consolidated result in a sustained difficult market environment. With an average of 10,021,054 shares (Q1 2008: 10,281,054), earnings per share amounted to EUR 0.01 (Q1 2008: EUR 0.00). While the USU Group's earnings before interest, taxes and depreciation (EBITDA) were steady year-on-year in the first quarter of 2009 at EUR 279 thousand (Q1 2008: EUR 280 thousand), earnings before interest and taxes (EBIT) improved from EUR -14 thousand in the previous year to EUR 8 thousand in the reporting quarter.
The liquidity of the USU Group was increased further in the first quarter of 2009. As of March 31, 2009, USU had cash and cash equivalents of EUR 10,984 thousand after EUR 9,541 thousand as of December 31, 2008. As a result of the earnings generated by the USU Group, equity rose slightly as against December 31, 2008 to EUR 46,025 thousand (December 31, 2008: EUR 45,920 thousand). With total assets of EUR 54,909 thousand (December 31, 2008: EUR 54,153 thousand), the equity ratio as of March 31, 2009 was 83.8% (December 31, 2008: 84.8%). There were no liabilities to banks as of the end of the first quarter of 2009 and hence USU's financing position remains extremely solid.
Following the successful start to the current fiscal year and assuming that economic developments will stabilize over time, the Management Board is anticipating that sales growth will also be above the average level for the relevant market segments for the year as a whole. Earnings before interest, taxes, depreciation and amortization (EBITDA) should also be up significantly on the previous year. Among other things, one positive indicator of this forecast is the Group-wide level of orders on hand at USU, which climbed to EUR 14,362 thousand as of March 31, 2009, an increase of 7.2% on the previous year's level (Q1 2008: EUR 13,394 thousand). License business will also be a key factor in the Company's ongoing success. In addition to consistently strong domestic business, international partner business will also increasingly benefit operations and is expected to post its first profits on orders by the end of the current fiscal year. By 2010, the international share of consolidated sales, which will primarily consist of partner sales from license and maintenance business, will be raised to over 15%. The Company is therefore investing specifically in increasing its internationalism and the further development of Group products to generate a strong sales and earnings performance in the medium to long term, thereby establishing a foundation on which to continue the shareholder-friendly dividend policy of recent years.
Further details on the recent business developments and the strategy and planning of USU Software AG will be presented in more detail by the Management Board at the Company's forthcoming Annual General Meeting on June 25, 2009 at Forum am Schlosspark, Stuttgarter Strasse 33-35, in Ludwigsburg. Among other things, the Management Board and the Supervisory Board of USU Software AG shall, as previously announced, propose to the Annual General Meeting to pay the shareholders of the Company, as in the previous year, a dividend of EUR 0.15 per entitled share, thus allowing them to participate in the positive business developments at USU Software AG and its subsidiaries.
This announcement is available at http://www.usu-software.com
USU - The Knowledge Business Company
The USU Software AG offers with its company network appliances, products and consulting all about Knowledge Business, aligned for the future. For example Valuemation. Our clients obtain a broad and complete overview over their IT processes, IT infrastructure and are able to display their IT costs transparently, to account and control actively. More than 500 clients administrate with this product group more than 30 million IT assets. For example KnowledgeMiner. As an integrated research and navigation system or portal solution, we activate the complete knowledge of a single organisation with this technology. Call and service centres solve more than ten thousand individual problems and requests day for day, using the technology. Departments like quality assurance, production or distribution fasten their core processes and improve their quality. The ability to form branch knowhow, competence of technology and user demands to an integrated software system, has been convincing clients for more than two decades in all fields of the international economy. The USU Software AG (ISIN DE000A0BVU28) is listed in the Prime Standard of the Frankfurt stock exchange.
Contact: USU Software AG Investor Relations Falk Sorge Tel.: +49 (0) 71 41 / 48 67 351 Fax: +49 (0) 71 41 / 48 67 108 Email: f.sorge@usu-software.de
USU Software AG Corporate Communications Dr. Thomas Gerick Tel.: +49 (0) 71 41 / 48 67 440 Fax: +49 (0) 71 41 / 48 67 909 Email: t.gerick@usu-software.de
end of announcement euro adhoc --------------------------------------------------------------------------------
ots Originaltext: USU Software AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note:
Falk Sorge
Tel.: +49 (0)7141 4867 351
E-Mail: fsorge@usu.de
Branche: Software ISIN: DE000A0BVU28 WKN: A0BVU2 Index: CDAX, Prime All Share, Technologie All Share Börsen: Frankfurt / regulated dealing/prime standard Berlin / free trade Hamburg / free trade Düsseldorf / free trade Hannover / free trade München / free trade Stuttgart / regulated dealing
Kontaktinformationen:
Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.
Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.
Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.
http://www.bankkaufmann.com/topics.html
Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.
@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf
E-Mail: media(at)at-symbol.de
204024
weitere Artikel:
- VDA- und Oliver Wyman-Studie über die Automobilzulieferindustrie New Automotive Deal? Frankfurt am Main/München (ots) - - Querverweis: Charts zur Studie liegen in der digitalen Pressemappe zum Download vor und sind unter http://www.presseportal.de/dokumente abrufbar - - Deutsche Zulieferer können stärker als ihre Wettbewerber aus der Krise hervorgehen - Nach Liquiditätssicherung folgt Restrukturierung - Für 2009 und 2010 werden keine Gewinne prognostiziert - Im ersten Quartal 2009 brach der Umsatz der Automobilzulieferer um 35 Prozent ein - Automobilmarkt bleibt langfristig ein Wachstumsmarkt mehr...
- EANS-Hinweisbekanntmachungen: Softline AG / Zwischenmitteilung -------------------------------------------------------------------------------- Hinweisbekanntmachung für Finanzberichte übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- Der Finanzbericht steht zur Verfügung: -------------------------------------- Im Internet unter: http://www.softline-group.com/di14fb.php?navvar=di14fb im Internet am: 20.05.2009 Ende der Mitteilung mehr...
- EANS-Hinweisbekanntmachungen: PrimaCom AG / Zwischenmitteilung -------------------------------------------------------------------------------- Hinweisbekanntmachung für Finanzberichte übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- Der Finanzbericht steht zur Verfügung: -------------------------------------- Im Internet unter: http://www.primacom.de/investor/quartalsberichte.php abrufbar. im Internet am: 19.05.2009 Ende der Mitteilung mehr...
- Anbieter von Bonitätsauskünften Hoppenstedt CreditCheck registriert starken Anstieg der Insolvenzmeldungen - Unternehmen müssen mit größerem Risiko kurzfristiger Zahlungsausfälle rechnen Darmstadt (ots) - - Querverweis: Die Pressemitteilung mit Grafik liegt in der digitalen Pressemappe zum Download vor und ist unter http://www.presseportal.de/dokumente abrufbar - Hoppenstedt Kreditinformationen, Anbieter von Bonitäts- und Risikoinformationen der Marke Hoppenstedt CreditCheck, hat im ersten Quartal einen starken Anstieg von Insolvenzbekanntmachungen und Firmeninsolvenzen registriert. Im März wurden 25 Prozent mehr Insolvenzmeldungen verarbeitet als im Februar; im ersten Quartal 2009 stieg die Zahl der mehr...
- DA Direkt 2008 mit solidem Geschäftsverlauf / Zahl der Versicherungsverträge wächst insgesamt um 3,3 Prozent auf 1.783.042 / Bruttobeiträge steigen um 0,3 Prozent auf 283,5 Mio. Euro Bonn/Oberursel (ots) - Die DA Deutsche Allgemeine Versicherung AG hat sich im schwierigen Marktumfeld des Jahres 2008 gut behauptet. Die Bruttobeiträge stiegen im Jahr 2008 um 0,3 Prozent auf rund 283,5 Millionen Euro (2007: 282,6 Mio. Euro). Von dem gebuchten Beitrag entfallen 262,9 Millionen Euro (92,7 Prozent) auf die Kraftfahrtversicherung und 20,6 Millionen Euro (7,3 Prozent) auf die übrigen Sparten. Schaden-Kosten-Quote besser als der Marktdurchschnitt Die Bruttoschadenquote erhöhte sich leicht von 80,7 Prozent im Vorjahr mehr...
|
|
|
Mehr zu dem Thema Finanzen
Der meistgelesene Artikel zu dem Thema:
Century Casinos wurde in Russell 2000 Index aufgenommen
durchschnittliche Punktzahl: 0 Stimmen: 0
|