EANS-News: P&I Personal & Informatik AG / Sustained high profitability

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quarterly report

Subtitle:
• 2.6 per cent sales growth
• EBIT margin at 25.2 per cent

Wiesbaden (euro adhoc) - P&I Personal & Informatik AG increased
overall sales in the first nine months of fiscal 2011 / 2012 (April
1, 2011 to December 31, 2011) by 2.6 per cent to 53.1 million euros
(previous year: 51.8 million euros) and recorded earnings before tax
and interest (EBIT) of 13.4 million euros (previous year: 11.8
million euros). This represents an EBIT margin of 25.2 per cent
(previous year: 22.8 per cent). The result before depreciations
amounted to 14.8 million euros. The P&I Group is pleased to announce
a result of 9.9 million euros after tax (EAT).

"With a sales volume of 18.6 million euros in the third quarter, P&I
has slightly improved on the previous year´s best sales quarter",
said Vasilios Triadis, Chairman of the Board of P&I AG. "But what is
even more important is that our operation continues to be highly
profitable and this set the course for the future success of P&I. Our
targets are innovative software solutions and high quality services
and we are focusing on providing excellent service for our new
customers as well as our long-standing customers. This creates the
basis for sustained growth."

License sales remained at the previous year´s level at 13.2 million
euros and this figure represents a 25 per cent share of the Group´s
overall sales. The maintenance business continued to grow as planned
when compared to the comparable period in the previous year and sales
amounted to 21.8 million euros. 41 per cent of the overall P&I Group
sales were generated by the recurring maintenance business. The
Service business, which recorded increased sales during the previous
fiscal year as a result of special effects, recorded a slight decline
but still contributed 16.4 million euros (previous year: 17.5 million
euros) to the overall Group sales. This corresponds to a 31 per cent
share of overall sales.

Sales in Germany grew by 4 per cent to 42.3 million euros when
compared to the previous year (40.6 million euros). The P&I Group
generated sales of 10.8 million euros or a good 20 per cent of
overall sales in the international business sector.

The operative result rose by 1.6 million euros to 13.4 million euros.
Our costs dropped slightly when compared to the previous year, so
that the increase in sales was reflected in the correspondingly
higher EBIT. All in all, P&I can restate its forecasts for fiscal
2011/2012: If a small growth is recorded as compared to the previous
2010/2011 fiscal year, then the P&I Group expects an increase in the
EBIT and a slight increase in the EBIT margin.

Further inquiry note:
Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.com

end of announcement euro adhoc
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company: P&I Personal & Informatik AG
Kreuzberger Ring 56
D-65205 Wiesbaden
phone: +49(0)611 7147 267
FAX: +49(0)611 7147 367
mail: aktie@pi-ag.com
WWW: www.pi-ag.com
sector: Software
ISIN: DE0006913403
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated
dealing/prime standard: Frankfurt
language: English