Secunet Security : raises its forecast for the 2017 financial year
November 30, 2017 at 10:45 am EST
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DGAP-Ad-hoc: secunet Security Networks AG / Key word(s): Change in Forecast
secunet Security Networks AG raises its forecast for the 2017 financial year
30-Nov-2017 / 16:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Inside Information according to Article 17 MAR
secunet Security Networks AG raises its forecast for the 2017 fiscal year
[Essen, Germany, 30 November 2017] The Management Board of secunet Security Networks AG (ISIN DE0007276503, WKN 727650) has improved its forecast for the 2017 fiscal year. Previous figures stated revenue of around 140 million Euros, and earnings before interest and taxes (EBIT) of around 19 million Euros. The forecast has now risen to sales of around 155 million Euros with an EBIT of around 22 million Euros. The increase results from procurement processes by public sector clients. When the most recent forecast was published (7 November 2017), there was still uncertainty over whether these sales opportunities would complete in the current business year.
secunet is one of the leading German providers of high-quality IT security. Over 400 experts work in the areas of cryptography, eGovernment, business security and automotive security, and develop innovative products in these fields in addition to highly secure and reliable solutions. Many DAX companies as well as numerous authorities and organisations are among secunet's national and international customers, which number over 500 in total. secunet is an IT security partner of the Federal Republic of Germany and a partner of the German Alliance for Cyber Security. secunet was founded in 1997 and achieved revenues of 115.7 million euros in 2016. secunet Security Networks AG is listed on the Prime Standard of the German Stock Exchange.
Further information can be found at www.secunet.com
Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.
30-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
secunet Security Networks AG
Kurfürstenstr. 58
45138 Essen
Germany
Phone:
+49 (0)201 - 5454 - 1227
Fax:
+49 (0)201 - 5454 - 1228
E-mail:
investor.relations@secunet.com
Internet:
www.secunet.com
ISIN:
DE0007276503
WKN:
727650
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
Secunet Security Networks AG is a Germany-based provider of information technology (IT) security solutions. The Company develops and IT infrastructure solutions for businesses, authorities and international organizations. It offers solutions in the areas of automotive security, biometrics, cloud security, compliance, cyber security, e-government, electronic billing processes, border control, information security, critical infrastructure, secure inter-network architecture, crypto systems, network security, e-mail, authentication, classified information and public key infrastructure (PKI), among others. The Company has offices in Berlin, Bonn, Borchen, Dresden, Eschborn, Essen, Hamburg, Munich and Siegen in Germany.
SECUNET SECURITY NETWORKS AG 
