Brief: Secunet´s Q4 EBIT up 42% Y/Y

Secunet Security Networks AG

25/01/2024 07:11

Jan 25 (Reuters) - SECUNET SECURITY NETWORKS AG
 YSNG.DE :
    * REPORTS OUTSTANDING FOURTH QUARTER AND CONCLUDES FINANCIAL
YEAR
2023 AGAIN WITH RECORD SALES
    * ACCORDING TO PRELIMINARY CALCULATIONS, SECUNET GROUP
RECORDED FY
REVENUE OF AROUND 393 MILLION EUROS, REPRESENTING A CONSIDERABLE
13% INCREASE COMPARED TO PREVIOUS YEAR (347.2 MILLION EUROS)
    * COMPANY THUS EXCEEDED PREVIOUSLY COMMUNICATED REVENUE
FORECAST
(AROUND 375 MILLION EUROS) AND ACHIEVED AN INCREASE IN SALES FOR
TENTH CONSECUTIVE YEAR
    * PRELIMINARY FY EARNINGS BEFORE INTEREST AND TAXES (EBIT)
AMOUNTED TO AROUND 43 MILLION EUROS (PREVIOUS YEAR: 47.0 MILLION
EUROS), IN LINE WITH FORECAST OF AROUND 42 MILLION EUROS
    * GENERATED Q4 REVENUE OF AROUND 154 MILLION EUROS,
REPRESENTING A
15% INCREASE COMPARED TO PREVIOUS YEAR'S QUARTER (134.2 MILLION
EUROS)
    * Q4 EBIT AMOUNTED TO AROUND 33 MILLION EUROS - A
SIGNIFICANT
INCREASE OF 42% COMPARED TO PREVIOUS YEAR'S QUARTER (23.1
MILLION EUROS)

Source text for Eikon:  ID:nEQ17dhgpa 
Further company coverage:  YSNG.DE 

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