Alle Storys
Folgen
Keine Story von SAF AG mehr verpassen.

SAF AG

EANS-Adhoc: SAF AG
SAF announces preliminary financial results for the fourth quarter and full year 2010

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
19.01.2011
- Revenues of EUR 4.1 million for the fourth quarter of 2010 below 
previous year (Q4/09: EUR 4.5 million) - Total revenues for fiscal 
year 2010 at EUR 15.6 million effected by weakening licensing 
business - Net profit of EUR 1.4 million doubles in the year over 
year comparison
Tägerwilen/Switzerland, January 19, 2011. After a preliminary review 
of its 2010 fourth quarter performance SAF AG, which is listed in the
Prime Standard of the Frankfurt Stock Exchange (ISIN CH0024848738), 
announced the preliminary financial results for the fourth quarter 
and full year 2010. The company generated total revenues of EUR 4.1 
million in the fourth quarter of 2010, a decrease of 8.7 percent 
compared to level of previous year quarter (Q4/09: EUR 4.5 million). 
At EUR 15.6 million company´s total revenues decreased in the fiscal 
year comparison, as well (2009: EUR 16.6 million). The decrease in 
revenues was due primarily to the weakening licensing business 
contributing revenues of EUR 1.1 million in the fourth quarter (2010:
EUR 4.8 million), a considerable decrease compared to previous year 
quarter with revenues of EUR 2,0 million.
Despite of the decrease in revenues company´s net profit increased 
from EUR 0.7 million in 2009 to EUR 1.4 million for the fiscal year 
2010. The lack of one-off expenses that occurred in 2009 in the 
course of the acquisition and that significantly impacted 2009 profit
figures was the determining factor for the increase. In the fourth 
quarter the company recorded a net profit of EUR 0.2 million (Q4/09: 
0.6 million). Final audited financial figures, further details to 
these figures as well as the annual report will presumably be 
provided by the company in March 2011.
end of ad-hoc-announcement 
About SAF AG: SAF Simulation, Analysis and Forecasting AG specializes
in the development of automated ordering and forecasting software for
retailers and industrial manufacturers. SAF deploys the demand chain 
management approach, which controls replenishment planning based on 
consumer demand patterns. SAF software assists users to realize 
substantial cost savings and optimizes general logistics conditions 
through its simulation capabilities. As a result, significant 
competitive advantages are achieved along the entire value chain: 
lower inventories, improved product availability, and last, but not 
least, a higher level of customer satisfaction.
SAF AG was established in 1996 by Dr. Andreas von Beringe and Prof. 
Dr. Gerhard Arminger. SAF shares are listed at the official market 
(Prime Standard) at the Frankfurt Stock Exchange (FWB). Today, the 
company employs approx. 100 people. Consolidated sales revenues for 
fiscal year 2009, according to IFRS statements, were EUR 16.6 million
with consolidated profit of EUR 0.7 million which were affected by 
one-time costs of EUR 2.8 million due to the takeover by SAP. SAP 
currently holds approx. 70 percent of SAF´s shares. SAF´s products 
are distributed in many European countries as well as in the United 
States. The company is headquartered in Tägerwilen, Switzerland. SAF 
also has a subsidiary in the United States: SAF Simulation, Analysis 
and Forecasting U.S.A., Inc., Irving and in Slovakia, Bratislava: SAF
Simulation, Analysis and Forecasting Slovakia s.r.o. with the focus 
on Nearshore-Development.
Forward Looking Statements and Estimates: This information contains 
forward looking statements based on assumptions and estimates of 
SAF's Management Board. Although we assume the expectations in these 
forward looking statements are realistic, we cannot guarantee they 
will prove to be correct. The assumptions may harbor risks and 
uncertainties that may cause the actual figures to differ 
considerably from the forward looking statements. Factors that may 
cause such discrepancies include, among other things, risks that are 
mentioned in the annual report 2009. SAF does not plan to update the 
forward looking statements, nor does it assume the obligation to do 
so.
end of announcement                               euro adhoc

Further inquiry note:

SAF AG
Investor Relations
High-Tech-Center 2, Bahnstrasse 1
CH-8274 Tägerwilen
investorrelations@saf-ag.com

Branche: Software
ISIN: CH0024848738
WKN: A0JD78
Index: Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

Weitere Storys: SAF AG
Weitere Storys: SAF AG
  • 12.11.2010 – 07:55

    EANS-News: SAF AG / SAF increases revenues and profit in the third quarter

    Strong performance in the maintenance and services business creates confidence Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. quarterly report/9-month report Subtitle: Strong performance in the maintenance and services business creates confidence Tägerwilen (euro adhoc) - - ...

  • 12.05.2010 – 08:01

    EANS-News: SAF AG / SAF has started off fiscal year 2010 on solid footing

    Success in direct sales – ROLLER counts on SAF RetailSuite Store Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. quarterly report/Q1/2010 Subtitle: Success in direct sales – ROLLER counts on SAF RetailSuite Store Tägerwilen (euro adhoc) - - Following strong prior-year quarter ...