(Registrieren)

EANS-News: S&T AG: further strong growth in sales and an even greater increase in profitability in Q1 2016

Geschrieben am 04-05-2016

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Subtitle: - Sales grow by 4% to EUR 96.4 million (PY: EUR 92.8
million) - EBITDA increases by 8% to EUR 6.3 million (PY: EUR 5.8
million) - Consolidated income up to EUR 3.2 million (PY: EUR 2.7
million)

quarterly report

Linz, 04.05.2016. S&T AG (www.snt.at) was able to set forth in the
first quarter of financial year 2016 the course of growth foreseen by
its corporate plans. The sales for the first quarter increased by 4%
to EUR 96.4 million (the first quarter of 2015: EUR 92.8 million).
This caused EBITDA to rise 8%, going from EUR 5.8 million to EUR 6.3
million. This is attributable to the reduction of expenditures
achieved in the smart energy segment. Consolidated income for the
first quarter rose to EUR 3.2 million (PY: EUR 2.7 million). As had
been the case in the first quarter of 2015, earnings per share came
to 6 cents.

Slightly exceeding plans, the "Services" segments recorded sales
amounting to EUR 70.0 million (PY: EUR 65.3 million) and an EBITDA of
EUR 2.6 million (PY: EUR 2.4 million). The "Technologies" segments
registered sales in the first quarter of 2016 that were at the
previous year's level. Their profitability increased. The segments'
revenues from sales came to EUR 26.3 million (PY: EUR 27.6 million),
the EBITDA amounted to EUR 3.7 million (PY: EUR 3.5 million). The
strong inflow of orders in the first quarter of 2016 is causing
management to forecast strong growth for the company's technology
sectors in 2016 as a whole.

The company's assets and liquidity situations remain very strong. At
EUR 101.8 million as of 31.3.2016, the company's equity remained
virtually unchanged from 31.12.2015 (EUR 102.2 million). This caused
the equity ratio to rise from the end of 2015's 32.0% to 36.0% as of
31.03.2016. Cash and cash equivalents amounted to EUR 39.5 million
(31.12.2015: EUR 60.3 million). The financial liabilities were
reduced to EUR 48.9 million (31.12.2015: EUR 51.0 million). As had
been expected, seasonal effects caused the operative cash flow to
weaken to EUR -8.8 million. This was still much better than the
previous year's figure of EUR -17.0 million.

The company's sustained profitability and strong liquidity have
caused S&T's Executive and Supervisory Board to resolve to propose to
the company's shareholders, to be convened in June for its annual
general meeting of shareholders, an increasing of the company's
dividend to 8 cents. In terms of income taxes, this distribution
constitutes a capital repayment that meets the stipulations of § 4
Paragraph 12 of Austria's Income Tax Act.

At EUR 188.5 million, the orders backlog remained at a high level
(31.12.2015: EUR 170.0 million, after subtracting EUR 11 million for
the projects being carried out outside the EU by NES USA, which was
deconsolidated). The company's project pipeline attained EUR 864.5
million (up from EUR 701.5 million as of the beginning of 2016). This
development has caused management to forecast a strong second quarter
for the company, which is expected to realize sales substantially
exceeding the EUR 100 million mark.

The management expects financial year 2016 to bring a setting forth
of the course of expansion. Management has confirmed its previous
forecast: that the Group will achieve sales of more than EUR 500
million in 2016. Profits are set to rise even more strongly. The
technology segments serve the security and smart energy markets. The
strong demand for services ensuring the security of the operations
performed via the Internet of Things (IoT) should cause these
segments to register growth of more than 20% annually in 2016 and in
the years following that. The Group has a large order backlog. Many
of these orders are in the high-margin, high-tech area. The Group
also has a record volume of orders in its pipeline. These factors
substantiate these objectives for growth!

On S&T AG: S&T AG (www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT)
is a high-tech corporation. It employs some 2,400 employees, and
maintains subsidiaries and offices in 20 countries. S&T AG provides
IT systems. It is listed on the Frankfurt Stock Exchange's Prime
Standard segment. These systems are comprised in the company's
comprehensive portfolio of IT solutions and services. These make S&T
one of the leading suppliers in Central and Eastern Europe. S&T is a
renowned manufacturer of products featuring proprietary technologies.
Its wide- ranging portfolio includes innovations in such areas as
appliances, cloud security and smart energy.

Further inquiry note:
ir@snt.at; +431801911125;

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: S&T AG
Industriezeile 35
A-4021 Linz
phone: +43 664 6119214
FAX: +43 1 80191 1290
mail: ir@snt.at
WWW: www.snt.at
sector: Computing & Information Technology
ISIN: AT0000A0E9W5, DE000A1HJLL6
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English


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

590268

weitere Artikel:
  • EANS-News: S&T AG: Umsatzanstieg und überproportionales Ergebniswachstum im Q1 2016 -------------------------------------------------------------------------------- Corporate News übermittelt durch euro adhoc. Für den Inhalt ist der Emittent/Meldungsgeber verantwortlich. -------------------------------------------------------------------------------- Utl.: - Umsatz wächst um 4% auf EUR 96,4 Mio. (Vj.: EUR 92,8 Mio.) - EBITDA steigt um 8% auf EUR 6,3 Mio. (Vj.: EUR 5,8 Mio.) - Konzernergebnis erreicht EUR 3,2 Mio. (Vj.: EUR 2,7 Mio.) Quartalsbericht Linz, 04.05.2016. Die S&T AG (www.snt.at) konnte im ersten mehr...

  • EANS-News: ams AG / Invitation to Annual General Meeting -------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Annual & Special Corporate Meetings ams AG Company Register Number 34109 k ISIN AT0000A18XM4 CONVOCATION We herewith invite our shareholders to the Annual General Meeting of Shareholders of ams AG to be held on Thursday, June 2, 2016 at 10.00 mehr...

  • EANS-News: ams AG / Einladung zur Hauptversammlung -------------------------------------------------------------------------------- Corporate News übermittelt durch euro adhoc. Für den Inhalt ist der Emittent/Meldungsgeber verantwortlich. -------------------------------------------------------------------------------- Hauptversammlungen/Vorstandssitzungen ams AG FN 34109 k ISIN AT0000A18XM4 Einberufung der Hauptversammlung Wir laden hiermit unsere Aktionärinnen und Aktionäre ein zur ordentlichen Hauptversammlung der ams AG am Donnerstag, dem 02. Juni 2016, um 10.00 Uhr, in 8141 mehr...

  • Reliable energy supply for Bangladesh: KfW finances power grid improvements and the continued electrification of the country Frankfurt am Main (ots) - - EUR 140 million to finance power transmission networks and substations - Overcoming the energy bottlenecks - requirement for sustainable economic growth - Important contribution towards energy efficiency and climate protection - Highest loan ever issued to Bangladesh As part of the 49th annual conference of the Asian Development Bank (ADB) in Frankfurt am Main, KfW on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ) signed a loan agreement mehr...

  • Zuverlässige Energieversorgung für Bangladesch: KfW finanziert Verbesserung des Stromnetzes und weitere Elektrifizierung des Landes Frankfurt am Main (ots) - - 140 Mio. EUR zur Finanzierung von Stromübertragungsnetzen und Umspannstationen - Überwindung der Energieengpässe - Voraussetzung für nachhaltiges Wirtschaftswachstum - Wichtiger Beitrag zu Energieeffizienz und Klimaschutz - Höchster an Bangladesch vergebener Kredit Die KfW hat heute im Rahmen der 49. Jahrestagung der Asiatischen Entwicklungsbank (ADB) in Frankfurt im Auftrag des Bundesministeriums für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) einen Darlehensvertrag 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

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht