USU Software AG

euro adhoc: USU Software AG
quarterly or semiannual financial statement
USU remains on growth track - substantial revenues and earnings increase

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 6-month report 22.08.2007 USU remains on growth track - substantial revenues and earnings increase Möglingen (Germany), August 22, 2007. During the first six months of fiscal 2007, USU Software AG boosted Group revenues by 31.0% to EUR 14,993 thousand (previous year: EUR 11,442 thousand). This was mainly due to the ongoing and strong product business, to which LeuTek (acquired in the previous year) also contributed. Along with the successful operating business performance, it was primarily the positive tax effects that led to an increase in the Group net profit in the first half of 2007 to EUR 2,710 thousand (previous year: EUR 658 thousand) or EUR 0.26 per share (previous year: EUR 0.07). The tax income contained therein of EUR 1,933 thousand (previous year: EUR -4 thousand) is mainly due to the recognition of deferred tax assets from the tax loss carryforwards of USU Software AG. The final purchase price allocation from the LeuTek takeover also resulted in amortization of intangible assets of EUR 497 thousand (previous year: EUR 102 thousand) in the first half of 2007. Despite this additional amortization, USU Software AG lifted Group earnings before interest and taxes (EBIT) to EUR 599 thousand (previous year: EUR 457 thousand) in the first half of 2007. Without taking the effects mentioned into account, USU Software AG generated an increase in Group operating earnings before interest, taxes and depreciation and amortization (EBITDA) compared with the previous year of 78.5% to EUR 1,294 thousand (previous year: EUR 724 thousand) due to substantial revenues growth in the period under review with comparatively low cost expansion. The Management Board confirms the targets for full-year 2007 and, following the strategic realignment on the growth market of Business Service Management, is aiming to boost Group revenues much more dramatically than the market average to between EUR 32 million and EUR 33 million. Due to the positive operating business performance during the first half of 2007 and the forecasts mentioned, the target of boosting the EBITDA of the USU Group in the current year to over EUR 4 million has been confirmed in this respect. end of ad-hoc-announcement --------------------------------------------------------------------- ----------- Issuer´s information and explanatory remarks concerning this ad-hoc-announcement: USU remains on growth track - substantial revenues and earnings increase • Revenues increase by 31% • Tax income quadruples net profit • EBITDA soars 78.5% • Liquidity at EUR 9.5 million • Group workforce grows by 15% • Orders on hand up 32.4% • Management Board confirms revenues and earnings targets Business service management specialist, USU Software AG (ISIN DE000A0BVU28), today published its business figures for the first six months of fiscal 2007. According to the figures, USU Software AG boosted Group revenues by 31.0% to EUR 14,993 thousand (previous year: EUR 11,442 thousand). This was mainly due to the ongoing and strong product business, to which LeuTek (acquired in the previous year) also contributed. Along with the successful operating business performance, it was primarily the positive tax effects that led to an increase in the Group net profit in the first half of 2007 to EUR 2,710 thousand (previous year: EUR 658 thousand) or EUR 0.26 per share (previous year: EUR 0.07). The tax income contained therein of EUR 1,933 thousand (previous year: EUR -4 thousand) is mainly due to the recognition of deferred tax assets from the tax loss carryforwards of USU Software AG. The final purchase price allocation from the LeuTek takeover also resulted in amortization of intangible assets of EUR 497 thousand (previous year: EUR 102 thousand) in the first half of 2007. Despite this additional amortization, USU Software AG lifted Group earnings before interest and taxes (EBIT) to EUR 599 thousand (previous year: EUR 457 thousand) in the first half of 2007. Without taking the effects mentioned into account, USU Software AG generated an increase in Group operating earnings before interest, taxes and depreciation and amortization (EBITDA) compared with the previous year of 78.5% to EUR 1,294 thousand (previous year: EUR 724 thousand) due to substantial revenues growth in the period under review with comparatively low cost expansion. The liquidity of USU Software AG amounted to EUR 9.5 million in the entire Group as of the balance sheet date of June 30, 2007 following EUR 8.4 million as of December 31, 2006. As a result of the generated net profit, equity rose at the end of Q2 2007 to EUR 45,304 thousand (December 31, 2006: EUR 42,635 thousand). The equity ratio totaled 84.7% as of June 30, 2007 (December 31, 2006: 80.7%). At the end of H1 2007, USU Software AG and its subsidiaries employed a total of 238 (previous year: 207) staff. This represents a 15.0% increase on the previous year´s figure. The Management Board confirms the targets for full-year 2007 and, following the strategic realignment on the growth market of Business Service Management, is aiming to boost Group revenues much more dramatically than the market average to between EUR 32 million and EUR 33 million. The second half of the year, which experience shows is stronger, is set to bring a significant rise in the revenues of the product business which is likely to benefit from a further increase in licensing and maintenance income. This expectation is supported by client orders in July and August that have already been fixed contractually, the ongoing contract negotiations with potential clients and the current sales forecast. Another positive sign of a successful H2 is the number of orders on hand Group-wide which were up by 32.4% on the previous year's level on June 30, 2007 at EUR 10,342 thousand (previous year: EUR 7,814 thousand). Due to the positive operating business performance during the first half of 2007 and the forecasts mentioned, the target of boosting the EBITDA of the USU Group in the current year to over EUR 4 million has been confirmed in this respect. Finished English version of 6-month report 2007 will be available at approx. 4 p.m. at http://www.usu-software.de. The Management Board will give further information at the Analyst and Investor Conference at the IFF Investment Forum Frankfurt in Frankfurt on 23 August 2007. This announcement is available at http://www.usu-software.de. USU - The Knowledge Business Company The USU Software AG offers with its company network appliances, products and consulting all about Knowledge Business, aligned for the future. For example Valuemation. Our clients obtain a broad and complete overview over their IT processes, IT infrastructure and are able to display their IT costs transparently, to account and control actively. More than 500 clients administrate with this product group more than 30 million IT assets. For example KnowledgeMiner. As an integrated research and navigation system or portal solution, we activate the complete knowledge of a single organisation with this technology. Call and service centres solve more than ten thousand individual problems and requests day for day, using the technology. Departments like quality assurance, production or distribution fasten their core processes and improve their quality. The ability to form branch knowhow, competence of technology and user demands to an integrated software system, has been convincing clients for more than two decades in all fields of the German economy. The USU Software AG (ISIN DE000A0BVU28) is listed in the Prime Standard of the Frankfurt stock exchange. end of announcement euro adhoc 22.08.2007 08:01:01 -------------------------------------------------------------------------------- ots Originaltext: USU Software AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Contact: USU Software AG USU Software AG Investor Relations Corporate Communications Falk Sorge Dr. Thomas Gerick Tel.: +49 (0) 71 41 / 48 67 351 Tel.: +49 (0) 71 41 / 48 67 440 Fax: +49 (0) 71 41 / 48 67 108 Fax: +49 (0) 71 41 / 48 67 909 Email: f.sorge@usu-software.de Email: t.gerick@usu-software.de Branche: Software ISIN: DE000A0BVU28 WKN: A0BVU2 Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Stuttgart / regulated dealing Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

Das könnte Sie auch interessieren: