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euro adhoc: Heiler Software AG
Heiler Software with strong
growth (+52%) and profit in fiscal year 2005/06
Stuttgart, December 14, 2006 - Heiler Software AG, one of the leading providers of electronic product information solutions and catalogue management systems, increased its consolidated revenue according to IFRS in fiscal year 2005/06 (10/01/2005 - 09/30/2006) from 5.74 million Euro by 2.96 million Euro to 8.70 million Euro (+52%). All business areas contributed with high double-digit growth rates to the increase in revenues. License revenues rose from 1.17 million Euro to 1.76 million Euro (+50%) when compared to the previous year. Maintenance, hosting and so-called Application Service Providing (ASP)-revenues increased from 1.33 million Euro to 1.85 million Euro (+39%) and consulting revenues improved from 3.10 million Euro to 4.79 million Euro (+55%).
The revenue growth led to a strong improvement of margins and results and to the best Group results since the IPO in the year 2000. The earnings before interest and taxes (EBIT) increased from -1.76 million Euro to -0.30 million Euro and the earnings before taxes from -1.49 million Euro to 0.13 million Euro. Net income amounted to 0.48 million Euro after having recorded a loss of 1.49 million Euro in the previous year. Accordingly, earnings per share improved by 0.18 Euro from -0.14 Euro to 0.04 Euro.
With cash and cash equivalents at fiscal year end of 15.45 million Euro (prior year: 16.19 million Euro) and shareholders equity of 18.63 million Euro representing 88% of total assets (prior year: 17.13 million Euro and 92%, respectively), Heiler Software continues to retain a extremely solid financial position.
For fiscal year 2006/07 Management expects especially in the strong-margin license and maintenance business further high double-digit growth rates and all in all a clearly double-digit revenue growth rate with further improvements in results.
Further information as well as the annual report for fiscal 2005/06 is available at www.heiler.com.
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ots Originaltext: Heiler Software AG
Im Internet recherchierbar: http://www.presseportal.ch
Further inquiry note:
Tel.: +49 (0)711 13984150
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
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