Brief: Secunet Security Networks Confirms Its Forecast For Financial Year 2023

Secunet Security Networks AG

10/08/2023 07:07

Aug 10 (Reuters) - SECUNET SECURITY NETWORKS AG
 YSNG.DE :
    * STRONG SECOND QUARTER DRIVES REVENUE GROWTH IN FIRST HALF
OF
2023, FORECAST FOR 2023 CONFIRMED
    * H1 EBIT AMOUNTED TO 4.0 MILLION EUROS
    * H1 REVENUE INCREASED SIGNIFICANTLY BY 12% TO 151.5 MILLION
EUROS
    * H1 ORDER BACKLOG REMAINED AT A VERY HIGH LEVEL OF 191.6
MILLION
EUROS AS OF 30 JUNE 2023
    * CONFIRMS ITS FORECAST FOR FINANCIAL YEAR 2023
    * H1 SALES WERE THUS 37% HIGHER THAN IN PRIOR-YEAR QUARTER
(70.1
MILLION EUROS)
    * IN TOTAL, FIXED ORDERS AMOUNTED TO 191.6 MILLION EUROS.
THIS
REPRESENTS AN INCREASE OF 20% COMPARED WITH ORDER BACKLOG AT
PRIOR-YEAR REPORTING DATE (159.9 MILLION EUROS)
    * CEO: WITH PROJECTED INCREASE IN REVENUE VOLUME IN COMING
MONTHS,
WE ALSO ANTICIPATE A FURTHER SUBSTANTIAL IMPROVEMENT IN EBIT
    * H1 EARNINGS PER SHARE WERE 0.39 EUROS (PREVIOUS YEAR: 1.47
EUROS)

Source text for Eikon:  ID:nEQbH7DMYa 
Further company coverage:  YSNG.DE 

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