Financial news
Ad hoc releases and press releases from itelligence AG:
itelligence AG publishes preliminary figures for fiscal 2011
- Revenues improve by 25.8% to MEUR 342.3
- Above-average EBIT growth of 36.9% to MEUR 20.4
- EBIT margin amounts to 6.0% after 5.5% in previous year
- Further revenue and earnings growth forecast for 2012
Bielefeld, January 20, 2012 – itelligence AG successfully concluded fiscal year 2011 with an extremely strong fourth quarter. According to its preliminary figures for the past fiscal year, revenues increased by 25.8%, from MEUR 272.2 in 2010 to MEUR 342.3. This meant that itelligence clearly exceeded its published revenue forecast of MEUR 330 for 2011 as a whole. In the fourth quarter of 2011, itelligence generated revenue growth of 22.9% to MEUR 102.4 (previous year: MEUR 83.3). Orders on hand rose by 17.8%, from around MEUR 200 at year-end 2010 to MEUR 235.5 as of December 31, 2011.
In percentage terms, itelligence AG’s earnings growth was stronger than its revenue growth, with EBIT amounting to MEUR 20.4 in fiscal year 2011 after MEUR 14.9 in the previous year – an increase of 36.9%. EBIT in fiscal year 2011 was impacted by non-recurring acquisition expenses of MEUR 1.0 and amortisation expenses for capitalized customer relationships and orders on hand from acquisitions in the amount of MEUR 0.9.
As forecast, the EBIT margin amounted to 6.0% in fiscal year 2011 (previous year: 5.5%). EBIT increased to MEUR 9.1 in the fourth quarter (previous year: MEUR 7.6), resulting in an EBIT margin of 8.9% (previous year: 9.1%).
itelligence’s Management Board is forecasting further revenue and earnings growth in fiscal year 2012. Revenues are expected to total MEUR 375-400, with earnings again enjoying above-average growth. The target EBIT margin is between 6.2% and 6.4%.
Further figures and details can be found in the 2011 Annual Report, which will be published on March 20, 2012.
20.01.2012
Ad hoc: itelligence AG publishes preliminary figures for fiscal 2011
itelligence AG successfully concluded fiscal year 2011 with an extremely strong fourth quarter. According to its preliminary figures for the past fiscal year, revenues increased by 25.8%, from MEUR 272.2 in 2010 to MEUR 342.3. This meant that itelligence clearly exceeded its published revenue forecast of MEUR 330 for 2011 as a whole. In the fourth quarter of 2011, itelligence generated revenue growth of 22.9% to MEUR 102.4 (previous year: MEUR 83.3). Orders on hand rose by 17.8%, from around MEUR 200 at year-end 2010 to MEUR 235.5 as of December 31, 2011.
27.10.2011
itelligence AG publishes detailed figures for first nine months of 2011
With the publication of its third quarterly report, itelligence AG is confirming its continued positive development in fiscal 2011. Total revenues increased by 27.1% to MEUR 239.9 (previous year: MEUR 188.8), with Western Europe in particular recording above-average growth of 88.2% to MEUR 44.6 (previous year: MEUR 23.7).
20.10.2011
Ad hoc: itelligence AG publishes figures for first nine months of 2011
itelligence AG continued its strong performance during the year to date in the third quarter of 2011, with revenues rising from MEUR 69.5 in the third quarter of the previous year to MEUR 86.4. This corresponds to revenue growth of 27.1% for the first nine months of the year, from MEUR 188.8 to MEUR 239.9.
28.07.2011
itelligence AG presents figures for first half of 2011
With the publication of its half-yearly report, itelligence AG has confirmed the dynamic development it has enjoyed in the first six months of 2011. Total revenues rose by +28.7% to MEUR 153.5 (previous year: MEUR 119.3), with above-average growth in Western Europe in particular as a result of the acquisitions in Denmark and Norway and the UK. Revenues in this region increased from MEUR 13.3 to MEUR 26.8. The DACH segment saw revenue growth of +14.0% to MEUR 74.0 after MEUR 64.9 in the first half of the previous year. The USA, the second strongest geographical segment in terms of revenues, generated MEUR 39.5 after MEUR 30.9 in the previous year (+27.8%). Eastern Europe increased its revenue contribution from MEUR 7.8 to MEUR 10.0 (+28.2%), while Asia contributed MEUR 1.5 to total revenues after MEUR 0.8 in the previous year (+87.5%).
21.07.2011
Ad hoc: itelligence AG presents figures for H1 2011
In the second quarter of 2011, itelligence AG repeated the dynamic growth it recorded in the first quarter, with revenues increasing from MEUR 63.1 in the previous year to MEUR 78.6. This corresponds to revenue growth of 28.7% for the first half of the year, from MEUR 119.3 to MEUR 153.5. This positive development was primarily driven by itelligence AG’s organic growth (19.4%), while the revenue contribution from acquired companies amounted to 9.3%.
14.06.2011
itelligence AG acquires majority interest in Danish consultancy firm 2C change a/s
itelligence AG today acquired a 60% interest in 2C change a/s, a software consultancy firm for SAP business solutions based in Horsens, Denmark. itelligence also has an option to acquire the remaining 40% of the shares.
14.06.2011
itelligence AG Acquires Majority Interest in Danish SAP Consultancy Firm 2C change
itelligence AG today acquired a majority interest in the Danish SAP consultancy firm 2C change. In line with its growth strategy, itelligence AG is thus strengthening its international business and significantly building up its market presence in Northern Europe.
26.05.2011
itelligence AG: Annual General Meeting approves all agenda items with majority of over 90%
At today’s Annual General Meeting of itelligence AG in Bielefeld, Herbert Vogel (CEO) and Norbert Rotter (CFO) reported on the successful fiscal year of 2010 and the goals for the current 2011 fiscal year. The most important item on the agenda of the Annual General Meeting was the proposal from the Supervisory Board and the Management Board to increase the dividend by 40% to EUR 0.14 per share for fiscal 2010. The Annual General Meeting approved this proposal and all other items on the agenda with a majority of over 90%.
17.05.2011
itelligence UK acquires SAP BusinessObjects partner CONTEMPORARY in the UK
itelligence AG, global SAP partner in the SME market, today announced the 100% acquisition of the British company CONTEMPORARY plc., one of SAP UK’s leading BusinessObjects partners, which is headquartered in Ascot, by its Reading-based British subsidiary itelligence UK, retroactive to April 1, 2011. This acquisition represents a significant expansion in the range of services offered by itelligence in the UK in the growth segments of Business Analytics and SAP BusinessObjects.
20.04.2011
itelligence AG publishes figures for first quarter of 2011
itelligence AG recorded significant year-on-year revenue and earnings growth in the first quarter of 2011. Revenues increased by 33.3%, from MEUR 56.2 to MEUR 74.9. Orders on hand rose by MEUR 55.9 to MEUR 231.6 at the end of the quarter compared with the same period of the previous year (MEUR 175.7). At year-end 2010, orders on hand amounted to around MEUR 200.
17.03.2011
itelligence AG with final figures for FY 2010
With the publication of its annual financial statements, itelligence AG is confirming its preliminary figures for fiscal year 2010. Revenues increased by +23.7% to MEUR 272.2 in fiscal year 2010 (previous year: MEUR 220.0). This dynamic development was driven by strong organic growth of 16.2% and the companies acquired in the previous year, which contributed 7.5%. For the first time, revenues generated outside Germany exceeded domestic revenues, amounting to 53.7%. Orders on hand increased by +22.7% to around MEUR 200 as of December 31, 2010, compared with MEUR 162.8 at year-end 2009.
21.01.2011
Ad hoc: itelligence AG publishes preliminary figures for fiscal 2010
itelligence AG has outperformed its revenue target for fiscal year 2010 – which it had already raised from MEUR 260 to MEUR 265 – thanks to a strong fourth quarter. In total, revenue for the past fiscal year increased by 23.7% to MEUR 272.2 after MEUR 220.0 in 2009.
