Secunet raises full-year earnings forecast based on preliminary nine-month figures
Secunet Security Networks AG released preliminary nine-month results for 2005. The company is now raising its full-year earnings guidance, while maintaining its revenue forecast.
Essen – Secunet Security Networks AG has announced preliminary nine-month financial results for the fiscal year 2005. The company now anticipates a full-year revenue of approximately 38 to 40 million euros. This represents a significant increase compared to the prior-year period, where revenue stood at 18.7 million euros.
According to preliminary calculations, revenue for the first nine months reached around 26 million euros. Based on these figures, the company's management board has decided to adjust the full-year earnings forecast upwards. Secunet now expects an EBIT margin of approximately 10% for the entire fiscal year.
Secunet specializes in IT security solutions and services. The positive results for 2005 indicate a strengthening market position and competitive performance. The company's strategy has focused on developing tailored security solutions for its clients.
The company confirms its previously stated full-year revenue forecast of 38 to 40 million euros. Concurrently, the earnings outlook has been improved with the expectation of an approximately 10% EBIT margin.