Financial news
Please find our ad hoc- and press releases below:
itelligence AG announces excellent Q3 2008 and continuing positive business performance
- EBIT climbs 24.4% to MEUR 9.7 in nine months
- Net profit in accordance with IFRSs soars 50% during first nine months to MEUR 6.9
- Orders on hand increase by 27.1% to MEUR 154.8
- Forecast for fiscal year 2008 confirmed
Bielefeld (Germany), October 29, 2008 - itelligence AG, one of the leading international full-service IT providers for SAP, continued its positive performance and the current year’s growth trend to date again in Q3. itelligence lifted its revenues in the first nine months by 13.4% to MEUR 154.1 (same period of the previous year: MEUR 135.9). In Q3, itelligence AG generated revenues of MEUR 52.3 and thus an increase of 10.4% year-on-year (Q3 2007: MEUR 47.4).
Herbert Vogel, CEO of itelligence AG, remains extremely satisfied with this performance: “So far, the fiscal year has been positive, as expected. Our sound business in Germany and Western Europe gives us reason to be optimistic and we are still looking for new employees for long-term projects.”
A look at revenues performance shows that itelligence AG improved in all business areas: Consulting revenues rose from MEUR 83.0 to MEUR 88.1, Licenses revenues surged from MEUR 12.9 to MEUR 20.7 and revenues in Outsourcing & Services increased from MEUR 39.8 to MEUR 45.1.
Within the segments, itelligence again generated the highest revenues growth in Germany/Austria at 22.6%, pushing the figure up to MEUR 80.6 (previous year period: MEUR 65.8). Revenues climbed 14.2% in the Western Europe segment and 19.2% in Eastern Europe. At MEUR 33.3 (previous year: MEUR 35.3), revenues in the USA had fallen by -5.7% by the end of Q3 2008. After adjustment for currency translation effects, the USA segment would have contributed +6.7% to the revenues growth.
In the first nine months, earnings before interest and taxes (EBIT) increased 24.4% year-on-year to MEUR 9.7 (first nine months of 2007: MEUR 7.8). This resulted in an EBIT margin of 6.3% for the first nine months (previous year: 5.7%). EBIT in Q3 2008 totaled MEUR 3.8, up 26.7% year-on-year. During this period, the EBIT margin climbed from 6.3% to 7.3% in Q3 2008.
Net profit for the period in accordance with IFRSs amounted to MEUR 6.9 after the first nine months – an increase of 50% from MEUR 4.6 in the same period of the previous year. Earnings per share jumped from EUR 0.20 to the current figure of EUR 0.29 per share.
Norbert Rotter, CFO of itelligence AG, said: “We increased our orders on hand by 27.1% to MEUR 154.8 by the end of the quarter. Orders thus remain at a high level compared with the previous year. We currently expect to achieve the revenue and earnings targets announced for the full year.”
Looking at the performance of the fiscal year, the Management Board reaffirms its revenues and earnings forecast for fiscal year 2008 and continues to expect that itelligence will achieve revenues of between MEUR 210 and MEUR 214 (revenues 2007: MEUR 190.9) for the whole of 2008. The EBIT margin for the current fiscal year is set to be between 6.2% and 6.4% (EBIT margin 2007: 6.0%).
A detailed account of the third quarter and the first nine months of 2008 can be found in the Q3 interim report
29.10.2008
itelligence AG announces excellent Q3 2008 and continuing positive business performance
itelligence AG, one of the leading international full-service IT providers for SAP, continued its positive performance and the current year’s growth trend to date again in Q3. itelligence lifted its revenues in the first nine months by 13.4% to MEUR 154.1 (same period of the previous year: MEUR 135.9). In Q3, itelligence AG generated revenues of MEUR 52.3 and thus an increase of 10.4% year-on-year (Q3 2007: MEUR 47.4).
22.10.2008
itelligence AG buys 51% of Czech SAPCON, a.s.
itelligence AG, the successful full-service IT provider for SAP, has acquired a 51% share in the Czech SAP consulting house, SAPCON. itelligence can acquire the remaining 49% of the shares in SAPCON via call options over the coming years. With this step, itelligence is strengthening its orientation as an internationally leading SAP consulting house especially in Central and Eastern Europe. SAPCON and itelligence will work closely together in the future in this strategically important market.
14.10.2008
Ad hoc: itelligence AG continues excellent business performance in Q3
itelligence AG continued its positive performance during the fiscal year to date in Q3 2008. During the first nine months of the current fiscal year, revenues rose 13.4% from MEUR 135.9 in the same period of the previous year to MEUR 154.1. itelligence saw its revenues grow 10.4% year-on-year after generating MEUR 52.3 compared with MEUR 47.4 in Q3 2007.
30.07.2008
itelligence AG expects 2008 to be best fiscal year in company history
- Half-year revenues rise to MEUR 101.8
- Orders on hand increase by 30.1% to MEUR 160.4
- 2008 earnings forecast confirmed
- Dividends indicated for first time
24.07.2008
itelligence AG with excellent start into second half-year of 2008
- Revenues up by 21.7% in the second quarter
- EBIT almost doubled to MEUR 4.3 in the second quarter
- EBIT margin improves to 8.1% in the second quarte
20.05.2008
itelligence AG
- Annual General Meeting adopts all items on the agenda by a large majority
- New Supervisory Board members elected by an overwhelming majority
- 2007 the most successful fiscal year
30.04.2008
itelligence AG presents final figures for Q1 2008
- +18.6% revenues growth for Germany/Austria
- Strong licenses business – increase of +81.7%
- Orders on hand increase by +26.3% to MEUR 149.4
- Revenues and earnings targets for the full year confirmed
24.04.2008
Ad hoc: itelligence AG presents preliminary figures for Q1 2008
- Orders on hand increase by 26.3% to MEUR 149.4
- Revenues improve 8.1% to MEUR 47.9
- Strong business in Germany and Western Europe, project delays in the USA and Eastern Europe
- EBIT reaches MEUR 1.6
13.03.2008
itelligence AG generates best results in the history of the Company
itelligence AG, one of the leading international full-service IT providers for SAP, has confirmed the positive development of the last few years with the presentation of its final figures for the past fiscal year. Revenues growth of 16.5% to MEUR 190.9 (previous year: MEUR 163.8) significantly exceeded forecasts, which were between MEUR 175 and MEUR 185.
07.02.2008
itelligence AG’s preliminary figures for Q4 2007 and fiscal year 2007
- Revenues climb 16.5% to MEUR 190.9
- EBIT improves by 62.0% to MEUR 11.5
- Orders on hand increase by 28.0% to MEUR 150.3
07.02.2008
itelligence AG mit vorläufigen Zahlen für das vierte Quartal 2007 und das Geschäftsjahr 2007
- Umsatz steigt um 16,5% auf 190,9 Mio. Euro
- EBIT verbessert sich um 62,0% auf 11,5 Mio. Euro
- Auftragsbestand wächst um 28,0% auf 150,3 Mio. Euro
08.01.2008
NTT DATA EUROPE secures 87 percent of itelligence’s share capital
Tokyo/Japan and Bielefeld/Germany – 8 January 2008. Pursuant to the offer document published by NTT DATA Europe on 13 November 2007, acceptances by shareholders representing about 87 percent of itelligence AG’s outstanding share capital have been secured. 72 percent of itelligence shares were tendered during the initial acceptance period, which ended on 13 December 2007.
19.12.2007
NTT DATA EUROPE offer for itelligence successful
At expiration of the acceptance period of the voluntary public takeover offer for itelligence AG, NTT DATA EUROPE, the wholly-owned subsidiary of Japanese IT company NTT DATA CORPORATION, now has 89 percent of the shares of the Bielefeld based SAP services provider at its disposal. Almost 76 percent of the shares were tendered during the acceptance period that ended at midnight of 13 December 2007.
21.11.2007
Norbert Rotter to become new CFO of itelligence AG
Norbert Rotter, 39, Diplom Kaufmann (degree in Business Administration), will become the new CFO of itelligence AG, one of the leading international full-service IT providers for SAP. On January 1, 2008 Norbert Rotter will start as CFO in the Group headquarters in Bielefeld.
14.11.2007
Dr. Lutz Mellinger elected to be new Chairman of the Supervisory Board at itelligence AG
Dr. Lutz Mellinger, 65, a member of the itelligence Supervisory Board since 2003, was today elected to become the Chairman of the Supervisory Board of itelligence AG in an extraordinary meeting of the Supervisory Board. He succeeds Prof. Peter-Jürgen Kreher, who recently died unexpectedly at the age of 73.
12.11.2007
Prof. Dr.-Ing. Peter-Jürgen Kreher, Chairman of the Supervisory Board at itelligence AG, has died at the age of 73.
As itelligence announced today, the Chairman of the Supervisory Board of itelligence AG, Prof. Dr.-Ing. Peter-Jürgen Kreher, died at his home near Munich on November 2, 2007 at the age of 73. Dr. Kreher leaves his wife and three children. The Management Board and employees at itelligence AG regret the loss of their long-serving Supervisory Board Chairman.
30.10.2007
itelligence AG continues positive trend in the third quarter
- Revenues growth in all regions
- Earnings more than doubled after nine months
- Outlook for the fourth quarter and the full-year still positive
02.08.2007
itelligence AG records strong first six months of 2007
- Earnings more than double
- Significant positive cash flow of MEUR 4.2 in Q2
- Orders on hand up 14% to MEUR 123.3
23.10.2007
itelligence and NTT DATA agree on Takeover Offer for itelligence and enter into Cooperation Agreement
itelligence AG as well as NTT DATA CORPORATION and it’s wholly owned subsidiary, NTT DATA EUROPE GmbH & Co. KG, today have signed a Business Combination Agreement according to which NTT DATA will issue a voluntary public takeover offer in accordance with Sections 29 et seq. of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz; WpÜG) to all shareholders of itelligence AG
24.07.2007
Ad hoc: itelligence AG presents preliminary figures for the second quarter and first six month of 2007
- Revenues for first six months increase by 18.0% to MEUR 88.6
- EBIT rises by MEUR 3.0 to MEUR 4.8
- Management Board increases forecasts for year as a whole
22.05.2007
Annual General Meeting approves course of the Management - Successful 2006 and positive outlook for 2007
At today’s Annual General Meeting of itelligence AG, one of the leading international full-service providers for solutions in the SAP environment, both of the Company’s Management Board members, Herbert Vogel (CEO) and Jörg Vandreier (CFO), reported on the good performance of the past fiscal year and gave a positive outlook on 2007. The addresses of participating shareholders and the representatives of the shareholder associations during the traditional discussion also agreed with this. Furthermore, the Annual General Meeting approved all the items on the agenda with an overwhelming majority.
03.05.2007
itelligence AG records strong growth in all business areas in the first quarter of 2007
- Revenues climb 18.4%
- At MEUR 2.6, EBIT more than triples
- Orders on hand amount to MEUR 118.3 at the end of the quarter
24.04.2007
itelligence AG presents figures for the first quarter of 2007
- Strong first quarter sees substantial rise in revenues and accelerated increase in earnings
- Revenues climb +18.4% to MEUR 44.3
- EBIT more than triples at MEUR 2.6, margin reaches 6.0%
13.03.2007
Fiscal year 2006 – most successful year in the Company’s history
- Revenues up 17.7% and EBIT up 30%
- Positive free cash flow of MEUR +2.3 generated
- itelligence expects substantial organic growth in 2007
01.02.2007
Ad hoc: Preliminary figures for fiscal year 2006
- itelligence exceeds revenues and earnings expectations
- Revenues climb by 17.7% to MEUR 163.8 million
- EBIT improves by 30% to MEUR 7.1
- Earnings per share increases by +34%
30.10.2006
itelligence AG continues positive year
itelligence AG, one of the leading international full-service IT providers for SAP, has presented its final figures for the nine-month period, confirming the positive performance of the year to date. Revenues jumped 18.3% from MEUR 98.7 to MEUR 116.8, while EBIT surged 46.2% after nine months to MEUR 3.8, up from MEUR 2.6 in the same period of the previous year. Orders on hand also continued to rise and amounted to MEUR 109.2 (September 30, 2005: MEUR 100.3 at the end of the quarter).
25.10.2006
itelligence AG presents preliminary figures for the third quarter of 2006
- Revenues growth of 20.2% in the third quarter to MEUR 41.7
- EBIT increase of 46.2% in the first nine months to MEUR 3.8
02.08.2006
itelligence AG enjoys increasing revenues and earnings in the first half of 2006
- Substantial revenues growth in all segments
- EBIT tripled in first half of year, climbing to MEUR 1.8
26.07.2006
ad hoc: itelligence AG presents figures for first half of 2006
itelligence AG, one of the leading international full-service provider for solutions in the SAP environment, continues its positive performance in 2006 with sound figures. The Company increased its revenues in the first half of 2006 by around 17.2% to MEUR 75.1 after generating MEUR 64.0 in the same period of the previous year.
30.05.2006
Shareholder's Meeting
At today’s General Meeting in Bielefeld of itelligence AG, one of the leading international full-service provider for solutions in the SAP environment, the shareholders approved all the items on the agenda by a clear majority. Positive comments on the business performance of the past financial year and the start to 2006 were also made in shareholder discussions with the Management Board.
03.05.2006
Interim Report 1/2006: revenues and earnings growth in the first quarter of 2006
itelligence AG, one of the leading international full-service IT provider for solutions in the SAP environment, increased its revenues significantly in the first quarter of 2006 by 23.4% to MEUR 37.4 (Q1 2005: MEUR 30.3). The positive performance from the second half of 2005 thus continues for itelligence in the first quarter of 2006.
27.04.2006
itelligence AG presents figures for the first quarter of 2006
itelligence AG, one of the leading international full-service IT provider for solutions in the SAP environment, recorded an increase in revenues of 23.4% in the first quarter of the current fiscal year. In the first three months, itelligence generated total revenues of MEUR 37.4, up from MEUR 30.3 in the first quarter of the previous year.
23.03.2006
Consolidated earnings climb 20.6% in the year as a whole - Substantial growth rates generated for both revenues and earnings
itelligence AG, one of the leading international full-service provider for solutions in the SAP environment, confirms the positive development that was already signalized by the preliminary figures for the Group with its final earnings for 2005.
10.02.2006
Preliminary figures for the financial year 2005
itelligence AG, leading international full IT service provider in the SAP environment, announced its preliminary Group figures for the fourth quarter and the financial year 2005. In the fourth quarter of 2005, revenues amounted to EUR 40.4 million (Q4 2004: EUR 35.2 million). This is equivalent to a rise in revenues of 14.8%. For 2005 as a whole, itelligence achieved revenues of EUR 139.1 million compared to EUR 131.0 million the previous year – an increase of 6.1%. With this, itelligence clearly exceeded forecast revenue growth.
08.11.2005
itelligence AG: revenues and earnings increase substantially in the third quarter of 2005
itelligence AG, a leading international full IT service provider in the SAP environment, increased its revenues by 10.5 percent in the third quarter of 2005 to MEUR 34.7 (Q3 2004: MEUR 31.4). The Outsourcing & Services business unit and the rest of Europe region enjoyed particularly favorable development. This enabled itelligence to significantly strengthen the positive trend from the second quarter. After the first nine months, total revenues were at MEUR 98.7 and for the first time up on a year-on-year comparison on a cumulative basis (prior-year period: MEUR 95.8).
26.10.2005
itelligence AG presents figures for third quarter of 2005
itelligence AG, the leading international full IT service provider in the SAP environment, increased its sales by 10.5 percent to EUR 34.7 million in the third quarter (Q3 2004: EUR 31.4 million). Thus, at EUR 98.7 million, sales at the end of the first three quarters of the current financial year are higher than the comparable prior-year figure for the first time this year (previous year: EUR 95.8 million).
02.08.2005
Revenues growth and positive EBIT in the second quarter of 2005
itelligence AG, a leading international full IT service provider in the SAP environment, posted revenues of EUR 33.7 million in the second quarter of 2005. Revenues were thus EUR 2 million higher than the prior-year value of EUR 31.7 million.
28.07.2005
adhoc: itelligence presents figures for Q1
- Muted start to the fiscal year
- Annual forecasts confirmed
02.06.2005
Shareholders’ Meeting confirms the course taken by the Management Board
At today’s Shareholders’ Meeting of itelligence AG, a leading international full-service IT provider for the SAP environment, in Bielefeld, the participating shareholders approved all items of the agenda by a large majority. Item 6 of the agenda authorized the company to acquire its own shares for the first time.
23.03.2005
Fiscal year 2004: Turnaround complete - Positive outlook for sales and earnings growth in 2005
The final results for 2004 published by itelligence AG, the leading international IT full-service provider in the SAP environment, confirm the success of restructuring measures implemented by the company in the past fiscal year. A net profit for the period of EUR +3.4 million after a loss of EUR -9.8 million in 2003 shows that a turnaround has clearly been effected.
23.02.2005
ad hoc: itelligence AG confirms expectations for whole of 2004
itelligence AG, the leading international full IT service provider in the SAP environment, has announced its preliminary Group figures for the fourth quarter and 2004 as a whole. The itelligence Group’s consolidated financial statements as of December 31, 2004 are the first to be prepared in accordance with International Financial Reporting Standards (IFRS). In previous years US-GAAP regulations were applied.
25.11.2004
adhoc: Convertible bond issue with subscription rights successfully completed
The convertible bond 2004/2009 from itelligence AG with a nominal volume of EUR 6.0 million has been successfully placed with itelligence shareholders and institutional investors in Germany and abroad.
09.11.2004
itelligence AG: Sales and earnings projections for the full year confirmed
itelligence AG, a leading international IT full-service provider in the SAP environment, closed the third quarter of 2004 with a positive operating result (EBIT) of EUR 1.2 million (Q3/2003: negative EUR 1.8 million). This represents a positive EBIT margin of 3.8 percent (Q3/2003: negative 5.2 percent).
08.11.2004
adhoc - itelligence AG issues convertible bond with a volume of up to EUR 6 million
On November 8, 2004, the Managing Board of itelligence AG decided, with the approval of the Supervisory Board, to issue a convertible bond with a nominal volume of up to EUR 6,000,000. The bond will be issued cum rights based on the approval granted by the Shareholders‘ Meeting on May 27, 2004.
02.11.2004
adhoc: Preliminary result for Q3 confirms full-year projections
itelligence AG, a leading international IT full-service provider in the SAP environment, has announced the preliminary consolidated figures for the third quarter. The company closed the third quarter of 2004 with a positive operating result (EBIT) of EUR 1.2 million (Q3/2003: negative EUR 1.8 million).
05.08.2004
First-half figures confirm full-year projections for 2004
itelligence AG has announced an operating result (EBIT) of EUR 2.9 million (2003: EUR -3.2 million) and an EBIT margin of 4.5 percent (2003: -4.4 percent) for the first half of 2004. The operating result for the second quarter amounted to EUR 1.7 million (2003: EUR -2.6 million), which represents an EBIT margin of 5.3 percent (2003: -7.2 percent). The IT full-service provider thus continued the positive trend.
05.08.2004
adhoc - itelligence first-half figures 2004
- First-half figures confirm full-year projections for 2004.
28.05.2004
itelligence expands SAP sales territory in the U.S.
itelligence in Business Software, Inc., a leading SAP reseller for small to mid-market companies, today announced the expansion of their territory in four new states: Minnesota, North Dakota, South Dakota and Nebraska.
27.05.2004
Annual General Meeting confirms Board strategy
At yesterday’s ordinary Annual General Meeting of itelligence AG in Bielefeld, the shareholders confirmed the course adopted by the Managing Board. In addition, all items on the agenda were approved by a clear majority of the shareholders.
11.05.2004
Q1 2004: Sales and earnings according to plan for 2004
The positive trend that became apparent in the last quarter of 2003 continued in Q1 2004, with itelligence AG reporting a positive earnings performance. In the first three months of the year, the SAP full-service provider generated total sales of EUR 32.8 million. Adjusted for discontinued and closed operations, the company’s sales were on a par with the previous year (EUR 33.0 million)*.
31.03.2004
adhoc - itelligence AG successfully increases its capital through a rights issue
itelligence Aktiengesellschaft, Germany, has successfully increased its capital through a rights issue for 3,839,214 new shares.
25.03.2004
Improved profitability and favourable business prospects expected for 2004
itelligence AG, the company listed in the Prime Standard of the Frankfurt Stock Exchange will today announce the outlook for the current financial year on the occasion of the presentation of its annual results to the press.
25.03.2004
adhoc - itelligence AG 2004: Improved profitability and favourable business prospects
12.03.2004
adhoc - itelligence Aktiengesellschaft to issue up to 3.8 million new shares
24.02.2004
Preliminary figures for 2003
24.02.2004
ad hoc - itelligence AG: Preliminary figures for 2003 confirm turnaround