secunet Security Networks AG, has reported its 2014 preliminary figures, which, according to the company, met expectations in full, according to preliminary calculations: Revenues and EBIT were greater than in the strong financial year 2012, the results from 2013 were clearly exceeded.
The numbers published by the secunet Group for the financial year 2014 indicate a record year. The company achieved revenues of 82.2 million Euros, an increase of 29% compared to the previous year (63.9 million Euros). The earnings before interest and taxes (EBIT) reached a figure of 6.6 million Euros, exceeding the previous year’s figure (3.7 million Euros) by 79%. As in previous years, in 2014 the fourth quarter was again key to the strong result: In the fourth quarter of 2014 secunet achieved revenues of 34 million Euros (previous year 22.6 million Euros) and EBIT of 6.2 million Euros (previous year 3.8 million Euros). The outstanding profitability is due to the high proportion of the product business and good utilisation of employee capacity at the end of the year.
”The record year of 2014 is telling evidence of our strengths. We are constantly expanding our portfolio of cyber security solutions and have a long history of working on complex projects. This means that we have a robust business that is focused on the increasing security needs of customers”, said Dr. Rainer Baumgart, chairman of secunet Security Networks AG. “The result is sustainable and profitable growth.”
More information can be found at http://www.secunet.com. Next date in the financial calendar: 18 March 2015 Publication of the Annual Report 2014.