EANS-Adhoc: S&T AG: after a record quarter, annual revenues of Euro 340 million - Consolidated income of Euro 9.4 million (2011: Euro 8.2 million) - Operative cash flow increased to Euro 10.6 mill

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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annual result/annual report
25.03.2013

Linz, 25.03.2013. S&T AG (www.snt.at), formerly Quanmax AG,
registered in financial year 2012 record revenues of Euro 339.5
million (2011: Euro 153.2 million). These results exceeded the
objectives set for the revenues at the beginning of 2012. A major
part in this accomplishment was played by the strong sales recorded
in the fourth quarter of 2012 (Euro 107 million), in which the Euro
100 million mark was substantially exceeded for the first time in a
single quarter.

The strategy of increasing the proprietary added value by stepping up
the business of offering proprietary products was purposefully
pursued in 2012. This enabled the increasing in 2012 of gross margins
from 29.5% to 34.3%. This trend is especially attributable to the
further increases in the share stemming from the "Appliances"
high-margins product segment.

Profits also continued their rise. Consolidated income increased from
Euro 8.2 million in 2011 to Euro 9.4 million in 2012. The EBITA came
to Euro 13.9 million (2011: Euro 11.0 million). For shareholders of
S&T AG, these results, achieved in the year of the merger with the
former S&T System Integration & Technology Distribution AG, yielded
earnings per share of 27 cents (2011: 29 cents). The restructuring
costs incurred in 2012 were offset by corresponding income from
restructuring. The ensuing deconsolidation results from currency
translation of Euro 2.2 million were not, contrary to the quarterly
reports issued in 2012, reported in the income statement, but rather
in a way not impacting upon earnings in the equity.

The liquidity situation developed extremely positively as compared to
the previous financial year. The operative cash flow of Euro 10.6
million (2011: Euro 0.5 million) enabled the net indebtedness to be
reduced from Euro 23.6 million to Euro 14.9 million. Liquid funds
remained unchanged at Euro 29.9 million. The consolidated equity came
to Euro 64.0 million (2011: Euro 54.6 million), of which Euro 61.8
million (2011: Euro 49.2 million) accrued to the shareholders of S&T
AG.

Management's plans foresee revenues of Euro 350 million for the
current financial year of 2013, in which consolidated income will
significantly increase to Euro 12 million. The development of
business in the first quarter of 2013 and the project pipeline that
rose to 267 Mio. EUR as of December 2012 (June 30th 2012: Euro 188
million) have confirmed these expectations.

About S&T AG: S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT), formerly
Quanmax AG, is listed on the Prime Standard market of the Frankfurt
Stock Exchange. The company has 1,600 employees, and maintains
offices in 19 countries in Central and Eastern Europe. This makes S&T
of the three largest providers of IT systems in the region. S&T's
assets include the breadth of its portfolio of products and
proprietary technologies. This portfolio is offered through Central
and Eastern Europe.

Further inquiry note:
ir@quanmax.ag; +437327664150;

end of announcement euro adhoc
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issuer: S&T AG
Industriezeile 35
A-4021 Linz
phone: +43(732)7664-0
FAX: +43(732)7664-801
mail: kontakt@quanmax.ag
WWW: www.quanmax.ag
sector: Computing & Information Technology
ISIN: AT0000A0E9W5
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English