29/03/2007 Corporate News EN
Christian Steiner

SHS VIVEON AG releases figures for 2006 financial year

SHS VIVEON AG / Final Results

Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

o Guidance from October 2006 accomplished:
Total output 42.9 million EUR / EBITDA 1.0 million EUR
o Successful restructuring provides stable base for the future
Martinsried, March 29, 2007 – SHS VIVEON Group has increased its total
output from
41.0 million EUR in the previous year by 5% to 42.9 million EUR. The core
business of SHS
VIVEON Group could significantly increase its output from 26.7 million EUR
by 39% to
37.2 million EUR. EBITDA (Earnings before interest, taxes, depreciation and
reached 1.0 million EUR (previous year: 1.45 million EUR). The lower EBITDA
results from
one-off restructuring costs in Germany as well as for the Spanish
subsidiary SHS Polar.
Moreover, revenues and earnings in the non-core sale of hardware components
decreased. Due to the scheduled amortisation of intangible assets activated
in course of the
recent acquisitions, as well as the extraordinary amortisation of the
goodwill for SHS Polar in
the amount of 4.3 million EUR, net income amounted to minus 2.2 million EUR
(previous year:
minus 0.9 million EUR). This corresponds to earnings per share of minus
0.17 EUR.
'During the past fiscal year we have created a stable base for profitable
growth in the coming
years', explains CEO Dirk Roesing today’s figures for the fiscal year 2006.
In the future, SHS
VIVEON Group will be able to realise operative synergies thanks to its
restructuring. Also, the company is supported by a significantly improved
capital structure.
Thanks to waivers of IKB Deutsche Industriebank AG the existing loan for
SHS Polar in the
amount of 8.8 million EUR will be released via a one-off compensation
payment of
2.2 million EUR. Thus, in a first step net debt decreased by 4 million EUR
at the end of 2006.
At the same time, the equity ratio improved to 47% at the balance sheet
date. Cash and cash
equivalents increased from 1.7 million EUR in the previous year to 2.9
million EUR. Dirk
Roesing is optimistic for the future: 'Due to our significantly expanded
product and consulting
portfolio for Customer Risk and Customer Value Management we now want to
improve our
market position and operative margins through intensified sales
The full annual report 2006 of SHS VIVEON AG is available for download on
the Investor
Relations area of the Website www.shs-viveon.com.
Martinsried-based SHS VIVEON AG is listed on the Prime Standard segment of
the Frankfurt Stock Exchange and
operates subsidiaries in Spain and Switzerland. The IT services provider
focuses on offering customer
management and credit risk management solutions to companies with a broad
customer base. In 2006, the
company recorded revenues of 43 million EUR. The customers of SHS VIVEON AG
include Financial Services,
Crédit Agricole, DAB Bank, Danone, E-Plus, Ingram Micro, KQIS, O2, Orange,
SüdLeasing, Telefónica, Toyota
Kreditbank, T-Mobile, T-Online and other international companies in the
automobile, information and financial
services sector. For more information, see www.SHS-VIVEON.com.

Wolfgang Brand
Phone: +49 – 89 – 747257-24
E-mail: Investor.Relations@SHS-VIVEON.com

cometis AG
Ulrich Wiehle
Phone: +49 – 611 – 205855-11
E-mail: wiehle@cometis.de

DGAP 29.03.2007

Language: English
Fraunhoferstraße 12
82152 Martinsried bei München Deutschland
Phone: +49 (0)89 747-257-0
Fax: +49 (0)89 747-257-10
E-mail: investor.relations@shs-viveon.com
www: www.shs-viveon.com
ISIN: DE0005072409
WKN: 507240
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

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