euro adhoc: Heiler Software AG
quarterly or semiannual financial statement /
Heiler Software with strong growth (+74%) and increasing profits in the second
quarter of 2005/06
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
25.04.2006
Stuttgart, April 25, 2006 - Heiler Software AG, one of the leading providers of electronic product information solutions and catalog management systems, increased based on the preliminary consolidated figures according to IFRS its revenues in the second quarter of fiscal year 2005/06 (01/01/2006 - 03/31/2006) from 1.32 million Euro to 2.30 million Euro (+74%). The growth pertained to all business areas. Especially positive was the development of the license revenues with an increase from 0.32 million Euro to 0.54 million Euro (+69%) when compared to the corresponding quarter of the prior year and the consulting revenues with a rise from 0.69 million Euro to 1.28 million Euro (+86%). The hosting and the so-called Application Service Providing (ASP)-revenues increased from 0.10 million Euro to 0.17 million Euro (+70%) and the maintenance revenues increased from 0.19 million Euro to 0.22 million Euro (+16%).
The revenues growth led in the second quarter of fiscal 2005/06 to a significant improvement of margins and results. Earnings before interest and taxes (EBIT) increased by 0.69 million Euro from -0.54 million Euro to +0.15 million Euro. Net income improved from -0.43 million Euro to +0.23 million Euro (+0.66 million Euro) and earnings per share improved from -0.04 Euro to +0.02 Euro (+0.06 Euro).
Also joyful was the development of net cash flows, which improved from -0.22 million Euro to +0.56 million Euro by 0.78 million Euro when compared to the corresponding period of the prior year. Cash and cash equivalents increased in the second quarter 2005/06 from 15.9 million Euro to 16.5 million Euro.
Even when compared to the profitable first quarter 2005/06, revenues, margins and net income were able to be increased. Therefore, Heiler Software recognized its best first half of a fiscal year in its corporate history.
Through signed deals with new customers in Europe and the US, the order situation in the second quarter of fiscal 2005/06 has been further improved. Based on the current actual outstanding orders and potential future orders, Management expects for fiscal year 2005/06 a high double-digit growth rate with total sales revenues in the area between 8 to 9 million Euro (prior year: 5.74 million Euro) and a positive net income (prior year: -1.38 million Euro).
The Company will publish the complete report with the finalized figures for the second quarter of fiscal year 2005/06 on 05/10/2006.
More information can be found at www.heiler.com.
end of announcement euro adhoc 25.04.2006 09:59:38
Further inquiry note:
Constanze Schrode-Hay
Tel.: +49 (0)711 13984150
E-Mail: chay@heiler.com
Branche: Software
ISIN: DE0005429906
WKN: 542990
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade