EANS-Adhoc: S&T AG registered in 2013 its fifth record profits in a row

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
Annual Reports/Annual report 2013

- consolidated income rises to a record EUR 11.9 million (2012: EUR 9.4 million)
- at EUR 337.9 million, revenues at previous year's level (2012: EUR 339.5
- net indebtedness further reduced to EUR 9.4 million EUR (2012: EUR 14.9
- in a corporate first, payout of dividend proposed - 6 cents per share

Linz, 25.03.2014. S&T AG (www.snt.at) increased in financial year 2013 its
consolidated income by 26%. This rise from 2012's EUR 9.4 million to EUR 11.9
million made 2013 the fifth year in a row that the company surpassed the
previous year's total. At 30 cents, earnings per share in 2013 were up 15% over
the previous year's 26 cents. At EUR 337.9 million, revenues were at the
previous year's level of EUR 339.5 million.

The Appliances segment contributed EUR 7.6 million (EUR 1.6 million of that from
acquisition-caused bad will) to the total consolidated income, as compared to
the previous year's EUR 4.1 million. The Services segment achieved earnings of
EUR 4.5 million in 2013 (2012: EUR 5.6 million, of that some EUR 1.5 million
from a positive effect of restructuring). The Products segment nearly broke
even, recording a slight loss of EUR -0.2 million (2012: EUR -0.3 million). Cost
cuts made in the first year after the merger contributed essentially to

Operative cash flow of EUR 11.1 million (2012: EUR 12.3 million) helped reduce
the company's net indebtedness from 2012's EUR 14.9 million to 2013's EUR 9.4
million. This positive development of the liquidity situation will cause the
Managing and Supervisory Boards to propose at the company's annual general
meeting the paying out to shareholders of a tax-free dividend of 6 cents per

The positive development of earnings also enabled the augmenting of consolidated
equity, which amounted to a total of EUR 71.2 million in 2013 (2012: EUR 63.1
million). The equity rate came to 32.4%, up from 2012's 29.6%.

S&T had purposefully entered and established itself during the past few years in
IT's fast-growing markets. This has been accomplished by the company's offering
such new technology-based solutions as "SteelCloud" (an especially secure cloud
storage solution), as "SkyScraper" (a private cloud appliance used by SMEs -
small and medium-sized enterprises), and as "smart energy" solutions enabling
the deployment of intelligent and ecologically-friendly electricity grids. These
advances have facilitated S&T's taking a leading role in a range of vertical
markets. These accomplishments will allow S&T to pursue in 2014 its course of
growth. The company is also planning to make acquisitions of companies that are
active in attractive fields of business.

S&T's management expects the Group to achieve in 2014 sales of at least EUR 375
million. Profits will grow correspondingly, and are forecast to come to more
than EUR 12 million. The business done until now in the current first quarter of
2014 has confirmed the forecasts for the year.

About S&T AG:

S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) is listed on the Prime Standard
segment of the Frankfurt Stock Exchange. The company has some 1,600 employees
and offices in 17 countries in Central and Eastern Europe. S&T is one of the
three largest providers of IT systems in Austria and in Eastern Europe. One of
S&T's main assets is the exceptional breadth of its portfolio of products and
services. Many of these feature proprietary technologies. These are for such
areas as cloud security, smart energy and mobile IT. This portfolio is supplied
throughout Central and Eastern Europe.

Further inquiry note:
Valentin Trummer, +43 (732) 7664 150

end of announcement                               euro adhoc 

issuer:      S&T AG
             Industriezeile  35
             A-4021 Linz
phone:       +43 664 6119214
FAX:         +43 1 80191 1290
mail:     ir@snt.at
WWW:      www.snt.at
sector:      Computing & Information Technology
ISIN:        AT0000A0E9W5, DE000A1HJLL6
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English

Original-Content von: S&T AG, übermittelt durch news aktuell

Weitere Meldungen: S&T AG

Das könnte Sie auch interessieren: