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SNP Schneider-Neureither & Partner AG on growth path - Seite 2
EUR 0.4 million, corresponding to earnings per share of EUR 0.09 (previous
year: EUR -0.59). SNP AG generated an operating cash flow of EUR 1.8
million in the first nine months of 2014 (previous year: EUR -3.1 million)
thanks to the consolidated net income generated in the period and the
successful reduction in trade receivables.
"The SNP Group's extremely solid financial situation forms the basis for
realising the further planned investments in the areas of marketing, sales,
development and consultancy. At EUR 6.4 million, cash and cash equivalents
were almost unchanged as at 30 September 2014 compared with the start of
the year - despite the not immaterial cash outflows for the acquisition of
the remaining non-controlling interests in SNP Austria GmbH in the amount
of EUR 0.5 million and distributions and loan repayments totalling EUR 0.7
million," commented Jörg Vierfuß, CFO of SNP Schneider-Neureither & Partner
AG.
Forecast for year unchanged
"We are confirming our forecast for the 2014 financial year as a whole. As
at the start of the year, we currently believe consolidated revenue of
around EUR 30 million and an EBIT margin in the mid-single-digit range to
be realistic," said Dr. Andreas Schneider-Neureither.
The Q3/2014 interim financial report published today can be accessed on
SNP's website at www.snp-ag.com under Investor Relations/Financial
Statements/Financial Reports/2014.
About SNP
SNP AG helps companies react rapidly to changes in their business
environment. The solution SNP Transformation Backbone(R) enables companies
to adapt their IT landscape more quickly and economically to changing
market conditions. SNP Transformation Backbone is the world's first
standard software solution that automatically analyses changes in IT
systems and implements them in a standardised way. The solution is based on
the experience SNP AG has gained in more than 2,500 projects worldwide with
its software-related services for Business Landscape Transformation(R).
Around 250 employees in Europe, South Africa and the USA achieved sales of
EUR 23.5 million in 2013. Headquarters of the company founded in 1994 is
Heidelberg. SNP AG went public in 2000 and has been listed in the Prime
Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705) since
August 2014.
For further information: www.snp-ag.com
Contact for Investor Relations:
Marcel Wiskow
Tel.: +49 6221 6425-637
Fax: +49 6221 6425-470
E-mail: investor.relations@snp-ag.com
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Language: English
Company: SNP Schneider-Neureither & Partner AG
Dossenheimer Landstraße 100
69121 Heidelberg
Germany
Phone: 06221-6425-111
Fax: 06221-6425-20
E-mail: investor.relations@snp-ag.com
Internet: www.snp-ag.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Berlin - Tradegate Exchange,
Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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294067 31.10.2014
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