DGAP-News
PSI with Improved Result in First Six Months in Difficult Environment - Seite 2
result was achieved.
Sales in Production Management (raw materials, metals, automotive,
logistics) for the first six months were, at 41.5 million Euros, 6 % below
the figure for the previous year (30 June 2015: 44.2 million Euros), but
the EBIT increased by 3 % to 2.8 million Euros (30 June 2015: 2.7 million
Euros). The mining business, which is still affected by weak commodity
prices, reduced encumbrances from the pilot project in China, which is now
operational. The metals business was able to continue to increase new
orders, but in sales and earning still felt the repercussions of the weak
steel economy. In June major orders were acquired, among others,
thyssenkrupp and Tata and an important partnership with the plant
engineering company Primetals was closed. The automotive and industry
business faced a slowdown in orders as a result of the diesel discussion,
but was able to slightly increase sales and EBIT. Logistics confirmed the
positive result of the previous year with continued strong new orders.
In Infrastructure Management (transportation and security), sales decreased
noticeably to 11.5 million Euros (30 June 2015: 14.5 million Euros), the
EBIT dropped to -0.3 million Euros (30 June 2015, adjusted: 0.3 million
Euros). In Southeast Asia and in the Arabian Gulf region burdening long-
running market entry projects have been commissioned successfully so that
the maintenance and expansion phases can commence as of the second half of
the year.
The number of employees in the group decreased to 1,650 on 30 June 2016 as
a result of adjustments in capacity in the export (30 June 2015: 1.677).
The cash flow from operating activities improved by 3.6 million to 0.2
million Euros (30 June 2015: -3.4 million Euros). After payment of
dividends, the liquidity on 30 June 2016 was at 34.8 million Euros (30 June
2015: 27.8 million Euros) serving the seasonal sales financing and the
possible financing of acquisitions. PSI is examining takeover targets in
the fields of power distribution and discrete production.
Development investments and first product migrations are aimed at
application server-based three-layer architecture and on the extension of
the new graphics generation. Especially in Production Management many
migrated and newly implemented products on the basis of the java group
platform are being introduced to pilot customers so that new and regular
customers are waiting for the broad marketing of the software. We are going
to address fast-growing online shops with a cloud/SaaS offer of our
logistics solutions, which has been migrated to the java platform as well.
Diskutieren Sie über die enthaltenen Werte
Aktuelle Themen
Weitere Artikel des Autors
1 im Artikel enthaltener WertIm Artikel enthaltene Werte