16/05/2007 Corporate News EN
Thibaut Pajot
Thibaut Pajot
SHS VIVEON AG successfully starting off fiscal year 2007
SHS VIVEON AG / Quarter ResultsRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.----------------------------------------------------------------------o Core business grows by 20% in the first quartero Positive net income of 2.3 million EURMartinsried, May 16, 2007. SHS VIVEON AG continued its growth trend in thefirst quarter of 2007. The group increased its overall output of 11.2million EUR in the previous year to 13.1 million EUR with an increase ofabout 17%. The overall output in the core business software solutions andconsulting services in the field of customer risk and customer valuemanagement arose from 8.8 million EUR up by around 20% to 10.5 million EUR.In the non-strategic area of hardware sales the output accounts for 2.6million EUR compared to 2.4 million EUR in the previous year. The EBITDA of0.5 million EUR approximates the level of the previous year. This is due toinvestments in the build up of internal and external staff to cover thetargeted sales growth.The financial result of 2.7 million EUR clearly rose above the previousyear figure of -0.2 million EUR. The positive one-off effect of 3 millionEUR in the first quarter in 2007 primarily triggered this effect and can beattributed to the redemption of a loan at the Spanish affiliate SHS Polar.Thus earnings before taxes (EBT) were 2.6 million EUR compared to -0.5million EUR in the period of the previous year. In the first quarter of2007 SHS VIVEON AG accounts for a net profit amounting to 2.3 million EUR(previous year: -0.5 million EUR). This sums up to positive earnings of0.17 EUR per share (previous year: -0.05 EUR per share). The balance sheetstructure improved at the same time: the equity ratio of 53% on 31 March2007 exceeded the comparative value of 47% on 31 December 2006.'We’re striving at further growth' says CEO Dirk Roesing and adds that 'ourbroadened product portfolio opens up cross selling potentials - especiallywith our existing customer base. We intend to intensively utilise that thisyear. We also have enormous chances in the acquisition of new customerswhich we should be able to perceive even better given our new organizationstructure.'Martinsried-based SHS VIVEON AG is listed on the Prime Standard segment ofthe Frankfurt Stock Exchange and operates subsidiaries in Spain andSwitzerland. The IT services provider focuses on offering CustomerManagement and Credit Risk Management solutions to companies with a broadcustomer 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 internationalcompanies in the automobile, information and financial services sector. Formore information, see www.SHS-VIVEON.com.SHS VIVEON AGWolfgang BrandPhone: +49 – 89 – 747257-0E-mail:Investor.Relations@SHS-VIVEON.comcometis AGUlrich WiehlePhone: +49 – 611 – 205855-11E-mail: wiehle@cometis.deDGAP 16.05.2007 ---------------------------------------------------------------------- Language: EnglishIssuer: SHS VIVEON AG Fraunhoferstraße 12 82152 Martinsried bei München DeutschlandPhone: +49 (0)89 747-257-0Fax: +49 (0)89 747-257-10E-mail: investor.relations@shs-viveon.comwww: www.shs-viveon.comISIN: DE0005072409WKN: 507240Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------