euro adhoc: S&T System Integration&Technology Distribution AG / quarterly or semiannual financial statement / S&T AG: Successful with Strong Organic Growth

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25.10.2006

S&T AG: Successful with Strong Organic Growth - 3rd Quarter 2006:
Continued clear focus on core industries and services - Forecasts
revised upward

25 October 2006. Austria - Vienna. S&T System Integration &
Technology Distribution AG closes Q3 2006 with an outstanding result.
In the summer months the IT solutions provider generated sales of EUR
113.2 million (+35.6% compared to Q3 2005 with EUR 83.5 million) and
an EBIT of EUR 1.5 million (+94.1% compared to EUR 0.8 million in Q3
2005). Sales between January 1st and the end of September 2006
totalled EUR 319.0 million, an increase of 41.9% on the same period
in 2005 (2005: EUR 224.7 million). EBIT in the same period amounted
to EUR 7.6 million, 131.3% higher than at the end of September 2005
(2005: EUR 3.3 million). This substantial growth is a result from the
extremely positive level of incoming orders at the company and S&T
AG’s consistent implementation of its core industries and services
focus.

The third quarter 2006 at S&T was characterised by strong organic
growth. Although the Czech Grall Group taken over in April 2006 was
consolidated, as a medium-sized investment this did not have a
material impact. The same applies to the recently sold Swiss company
EFP. The recently acquired Hungarian company Unitis and T-Systems
Turkey will probably be consolidated in Q4. In fact this pleasing
result clearly reflects the company’s focus on software solutions and
managed services. "The summer months this year were characterised by
continuously full order books and the resulting turnover. Our clear
positioning as a total solutions provider has delivered excellent
results for eight consecutive quarters. We will continue to place
strong emphasis on organic growth, but this does not mean
acquisitions will not play a role in future," explained Christian
Rosner, CEO of S&T AG.

Strong growth dynamics in the business units Managed Services and
Business Solutions The two business segments Managed Services and
Business Solutions still have the wind in their sails and remained
the business areas with the highest margins in Q3 2006. Managed
Services covers orders to increase the productivity of IT systems and
the consolidation and optimal alignment of business-critical IT
processes within a company. Business Solutions includes all SAP
projects, as well as ERP (Enterprise Resource Planning) orders,
document management and Enterprise Application Integration (e.g. SOA
Service Oriented Applications). S&T is one of the leading SAP
integrators in CEE and pursues the clear goal of reinforcing and
expanding this competitive position.

Czech Republic and Poland the Strongest Countries A comparison of
the 18 S&T countries shows the dominance of Poland and the Czech
Republic. Their IT markets are highly developed and report strong
demand for IT solutions. In the Czech Republic, the medical business
was especially successful in Q3. The S&T countries Croatia, Serbia,
Romania, Hungary and Ukraine were also extremely dynamic.

Forecast Revised Upward Due to the positive development of business
S&T will exceed its original sales and EBIT targets for the financial
year 2006 of EUR 400 million and EUR 10 million respectively. In
fact, annual sales are now expected to total approximately EUR 430
million and EBIT approximately EUR 11 million. The fourth quarter
will also be characterised by strong growth in the solutions
business. "Our project pipeline is nicely filled and we do not rule
out one or the other acquisition," said Rosner.

Overview of S&T Results:

Q3 2006 (EUR million) Q3 2005 (EUR Million) Change*
Sales 113,2 83,5 +35,6%
EBIT 1,5 0,8 +94,1%
Jan.-Sept. 2006 (EUR million) Jan.-Sept. 2005 (EUR Million) Change*
Sales 319,0 224,7 +41,9%
EBIT 7,6 3,3 + 131,3%

* Calculated on the basis of unrounded figures.

Conference Call S&T management will be available for a conference
call on October 25th, 2006, at 16:00 CET. In order to participate,
please call +49 (0)69 2222 7111 from Germany, +43 (0)1 7957 6055 for
Austrian participants and +44 (0)20 7784 1004 for participants from
the UK a few minutes before the start of the conference.

As an additional service, a recording of the conference call will be
available from November 3, 2006, on the S&T homepage:
http://www.snt.at

About S&T - www.snt.at - XETRA Vienna: SNT With some 2,350 employees
(fte) S&T is the leading provider for IT solutions and services for
customers in Central and Eastern Europe. The company develops and
implements custom-tailored IT solutions for large and medium-sized
telecommunications companies, banks, power utilities, manufacturing
companies and public institutions. Through our subsidiaries in 18
countries we realise cross-border IT structures, offering our clients
outstanding solutions and service competence.

end of announcement euro adhoc 25.10.2006 09:38:40
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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Gabriela Mair
Head of Corporate Communications
T: +43 (0)1 367 80 88-1024
M: +43 664 60191 1024
Gabriela.Mair@snt.at

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market


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