DGAP-News

PSI with Strong New Orders and Stable EBIT in First Quarter

DGAP-News: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie / Key word(s): Quarter Results/Quarterly / Interim
Statement
PSI with Strong New Orders and Stable EBIT in First Quarter

28.04.2016 / 10:39
The issuer is solely responsible for the content of this announcement.

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PSI with Strong New Orders and Stable EBIT in First Quarter
- New orders improves by 13 % to 70 million Euros
- Volume of orders increases by 13 % to 157 million Euros
- Presentation of Industry 4.0 swarm production at Hannover Trade Fair

Key figures (KEUR)      01 Jan.  - 31 March   01 Jan.  - 31 March    Change
                                       2016                  2015
                                                       (adjusted)
Sales                                42,589                43,188    -1.4 %
EBIT                                  2,181                 1,744   +25.1 %
Group net result                      1,396                 1,367    +2.1 %
Earnings per share                     0.09                  0.09      +0 %
(EUR)

The PSI Group achieved 1 % lower sales of 42.6
million Euros in the first quarter of 2016 in particular because of
adjustments in the South Asian business (31 March 2015: 43.2 million
Euros). The EBIT improved by 25 % to 2.2 million Euros (31 March 2015,
adjusted: 1.7 million Euros), the group net result was, as in the previous
year, 1.4 million Euros. The new orders improved by 13 % to 70 million
Euros (31 March 2015: 62 million Euros), the order backlog on 31 March 2016
was, at 157 million Euros, 13 % above the figure for the previous year (31
March 2015: 139 million Euros).

Energy Management (gas, oil, electricity, heat) attained 1 % higher sales
of 15.8 million Euros in the first quarter (31 March 2015: 15.6 million
Euros). The EBIT for the segment increased significantly compared to the
previous year to 1.4 million Euros (31 March 2015, adjusted: 0.8 million
Euros). The electrical energy business was able to further increase its new
orders, and improve the result despite the expenses for the multi-client
capability of control systems. Gas and Oil improved its new orders,
especially in Germany, and again achieved a good result. Energy trading,
which had been encumbered by investments in the renewal and aggregation of
the energy trading software for gas and electricity, had a balanced result
and also increased its new orders.

Sales in Production Management (raw materials, industry, logistics) in the
first three months were, with 21.3 million Euros, slightly below the level
for the previous year (31 March 2015: 21.6 million Euros). The EBIT, with