Beta Systems Software AG

EANS-News: Beta Systems delivers positive EBIT for the third year in a row

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Financial Figures/Balance Sheet/Preliminary Key Financial Data for fiscal 2009

Berlin (euro adhoc) - - Persistent weakness in new orders in the ECM solutions business causes revenues and profit to decline - Revenue growth in the wake of acquisitions in the infrastructure business (DCI/IdM) and active cost management secure an earnings before interest and tax (EBIT) at Group level of EUR 1.5 million - Spin-off of the ECM solutions business completed

Berlin, March 12, 2010 - Pending the outcome of the annual financial statements audit at Group level (according to IFRS), Beta Systems Software AG (BSS, ISIN DE0005224406) generated earnings before tax (EBT) of EUR 1.1 million (2008: EUR 6.0 million) and earnings before interest and tax (EBIT) of EUR 1.5 million (2008: EUR 6.4 million). A positive result for the year was also generated in respect of Beta Systems Software Aktiengesellschaft (company financial statements under German Commercial Code (HGB)) in the fiscal year 2009.

Against the backdrop of successfully completed and integrated acquisitions in the high-margin infrastructure business (DCI and IdM Lines of Business (LoBs)), and especially owing to the sharp increase in license revenues from identity management solutions, revenues in this business division were raised again on the back of a persistently high result in a year-on-year comparison.

The crisis-induced notable reluctance of banks to invest, in conjunction with the resulting decline in new orders in the ECM solutions business, however, caused a significant downturn in the revenues and result of the Group in 2009. This was counteracted by active cost management resulting in the another clearly positive EBIT for the third fiscal year in a row. According to provisional calculations, consolidated revenues fell owing to the aforementioned, and partly contrary effects, to EUR 81,8 million (2008: EUR 90.4 million).

Preliminary Key Financial Data for fiscal 2009 at a Glance - EBIT remains positive at EUR 1.5 million (2008: EUR 6.4 million) / EBIT margin declines to 1.9% (2008: 7.1%) - EBITDA declines to EUR 5.0 million (2008: EUR 10.3 million)/ EBITDA margin posts 6.1% (2008: 11.4%) - Total revenues fall to EUR 81.8 million (2008: EUR 90.4 million)

Spin-off of the ECM solutions business completed The spin-off of the ECM business to form Beta Systems ECM Solutions GmbH was completed on March 1, 2010, upon entry of the company into the Commercial Register of the District Court of Berlin Charlottenburg. The application for registration in the Commercial Register was made at the end of February, together with the requisite closing financial statements (drawn up under the German Commercial Code (HGB)). The shareholders of Beta Systems Software AG approved the spin-off at the extraordinary Meeting of Shareholders back in mid-December 2009.

Outlook for the fiscal Year 2010, Annual Results Press Conference and Disclaimer The aforementioned figures are contingent on the audit of the annual financial statements and adoption and ratification of the financial statements at Company and at Group level by the Supervisory Board. The complete, adopted and audited 2009 annual results and the outlook for the fiscal year 2010 are scheduled to be released on March 29, 2010, as part of an online Annual Results Press Conference and published on the website at under the Investor Relations/Financial Reports heading. All amounts cited in this information by the Company and information derived therefrom (e.g. percentage figures) are figures fully rounded up to thousands of euros as presented in preliminary Consolidated Financial Statements as at December 31, 2009.

End of the release

Beta Systems Software AG - Agility Integrated Beta Systems Software AG Berlin (Prime Standard: BSS, ISIN DE0005224406) develops high-profile software products and solutions for the automated processing of large volumes of data and documents. These products and solutions serve to enhance process optimization, improve security and make IT more agile. They guarantee compliance with business requirements in respect of governance, risk management and compliance (GRC) and raise the performance of a company's IT in respect of availability, scalability and flexibility.

Beta Systems´ IT infrastructure software product segment (Infrastructure & Operations Management) is geared towards optimizing job and output management in data centers across all sectors. In addition, Beta Systems offers products for automating IT user administration to companies with high numbers of users. In its ECM Solutions Division (ECM & Document Solutions) Beta Systems develops customized solutions for large enterprises in the financial services sector, industry and trading in the areas of payments, processing of incoming post and general document management.

Beta Systems was founded in 1983, has been a listed company since 1997, and has a workforce of more than 600 employees. The company´s principal place of business is Berlin. Beta Systems operates through Centers of Competence in Augsburg, Cologne and Calgary, as well as 20 subsidiaries worldwide and cooperations with numerous partner companies. Throughout the world more than 1,400 customers use the products and solutions of Beta Systems in more than 3,300 running installations. At present, Beta Systems generates 50 percent of its sales from international business. Around 200 of its customers are based in the USA and Canada. More information on the company and its products can be found under

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ots Originaltext: Beta Systems Software AG
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Further inquiry note:
Press contacts
Company contact:
Beta Systems Software AG
Stefanie Frey
Investor Relations
Tel.: +49 (0)30 726 118-171
Fax: +49 (0)30 726 118-800

Agency contact:
HBI PR&MarCom GmbH
Alexandra Osmani,
Alexandra Janetzko
Tel.: +49 (0)89 99 38 87-37/-32
Fax: +49 (0)89 930 24 45

Branche: Software
ISIN:      DE0005224406
WKN:        522440
Index:    CDAX, Prime All Share, Technology All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade

Weitere Meldungen: Beta Systems Software AG

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