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Beta Systems shows dynamic growth of both licenses and services revenues in the first quarter of 2007

Geschrieben am 09.05.2007 - [Nächster Artikel]


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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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finances/quarterly report

Berlin, May 9, 2007 (euro adhoc) - In the first quarter of 2007, Beta
Systems is continuing the positive trend seen in the second half of
the 2006 fiscal year and raised profit considerably as against the
previous year period. This increase resulted, on the one hand from
the dynamic growth in license and service operations, as well as, on
the other, sustained optimisation of the cost structure.

Key financial data for Q1/2007 . License revenue climbs by 32.6% to
E 5.9 million (Q1/2006: E 4.5 million) . Services revenue climbs by
19.5% to E 3.6 million (Q1/2006: E 3.0 million) . Total revenue of
approximately E 21 million (Q1/2006: E 21.8 million) stable
despite scheduled substantial reduction in revenue from hardware
(down -64.4% to E 1.1 million as against 2006) . Sharp increase
in the cash flow from operating activities to E 8.5 million
(Q1/2006: E 5.4 million) . Earnings before interest and tax (EBIT)
rises E 2.9 million to E -0.7 million (Q1/2006: E -3.0 million)
. Quarterly result increases to E -0.9 million / E -0.10 per share
(Q1/2006: E -1.5 million / E -0.17 per share)

Comment by the Chief Executive Officer "Beta Systems was very
successful in the first quarter of 2007. The double- digit growth
rate in our license and software business is clear evidence of the
consistent implementation of measures to refocus sales operations
and, in particular, of our increasingly stronger market position as a
strategic IT partner to major customers in the European financial
services sector," stated Kamyar Niroumand, Chief Executive Officer
(CEO) of Beta Systems Software AG.

Gernot Sagl, Chief Financial Officer (CFO) of Beta Systems Software
AG, added the following comment: "Proof of the result of our
stringent cost management was delivered by our much leaner cost
structure which, coupled with gratifying sales, enabled us to improve
results considerably. We are working steadily on optimising our
structures and processes and have come a long way towards our goal of
achieving a sustained turnaround in 2007."

Outlook for the fiscal year 2007 confirmed The results of operations
in the first quarter underpin guidance given at the start of fiscal
2007. The Management Board anticipates a slight increase in revenues
in fiscal 2007 from measures focusing specifically on sales
operations as part of the corporate strategy. This will be flanked by
a significant growth in the software license and services business
and a further decline in revenue from hardware. Owing to the
sustained streamlining of the cost structure, management currently
anticipates a durable positive profit situation in the course of the
remaining year and that an EBIT margin in the single-digit range will
be achieved in fiscal 2007.

Key operational highlights . BETA SYSTEMS PLANS CASH CAPITAL
INCREASE . Launch of new Beta 96 Enterprise Compliance Auditor
product . Presentation of solutions for the automation of business
processes of financial institutions . Beta Systems and Lufthansa
Systems sign cooperation agreement . Deutsche Post In Haus Service
GmbH decides in favor of mail scanning technology by Beta Systems
. Beta Systems' Partner Days 2007 in Berlin brought to a successful
conclusion . SAP certifies FrontCollect Invoice

End of announcement

Beta Systems Software AG, Berlin, Germany Beta Systems Software AG
(Prime Standard: BSS) develops high-quality software products and
solutions for the secure and efficient processing of large quantities
of data, and is one of the leading medium-sized, independent,
European software solution providers in its market segment. Its
software products and solutions sup-port customers in the automation,
safeguarding and traceability of their business processes within the
three core areas of document management (Enterprise Content
Management business area), user management (Identity Management
business area) and information management in data processing centres
(Data Centre Infrastructure business area).

The company has been listed on the stock exchange since 1997, and
currently employs around 625 staff, mainly in the competence centres
of Berlin (company headquarters), Cologne, Augsburg and Calgary. In
addition to this, Beta Systems is internationally active with 17
wholly-owned subsidiaries and numerous partner companies. Among its
worldwide total in excess of 1,300 customers with over 3,000 running
installations are major businesses in the fields of financial
services, industry, commerce, logistics and IT services, in Germany,
Europe and the USA. For more information, please visit
www.betasystems.com.


end of announcement euro adhoc 09.05.2007 07:30:00
--------------------------------------------------------------------------------


ots Originaltext: Beta Systems Software AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Contacts
|Corporate: |Agency:
|Beta Systems Software AG |HBI PR&MarCom GmbH
|Arne Bassler |Alexandra Osmani, Alexandra Janetzko
|Tel.: +49 (0)30 726 118-170 |Tel.: +49 (0)89 99 38 87-0
|Fax: +49 (0)30 726 118-881 |Fax: +49 (0)89 930 24 45
|E-Mail: |E-Mail: alexandra_osmani@hbi.de;
|arne.bassler@betasystems.com |Alexandra_Janetzko@hbi.de

Branche: Software
ISIN: DE0005224406
WKN: 522440
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
 
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