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secunet Security Networks AG announces forecast for the 2022 financial year

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secunet Security Networks AG / Key word(s): Forecast
secunet Security Networks AG announces forecast for the 2022 financial year

12-Nov-2021 / 18:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

secunet Security Networks AG announces forecast for the 2022 financial year

[Essen / Germany, 12 November 2021] The Management Board of secunet Security Networks AG (ISIN DE0007276503, WKN 727650; "secunet") publishes its forecast for the financial year 2022.

The Management Board expects secunet Group to generate sales revenues of around 320 million euros and earnings before interest and taxes (EBIT) of about 50 million euros. The forecast of the 2022 financial year thus lies below the forecast for the current financial year 2021, which is expected to close with sales revenues of around 330 million euros and an EBIT of about 59 million euros, the eighth financial year in succession with a significant increase over the respective previous year.

Despite the current high order book (174.9 million euros as at 30 September 2021) and due to the expected expiry of pandemic-related market effects, the Management Board expects the product business (merchandise, licences, maintenance and support) to stabilise at the high level of the current financial year 2021 in the financial year 2022. This development relates in particular to the business with secure mobile workstations and the secunet healthcare connector. As a result of increasing investments in future technologies and the associated growth of the workforce to expand expertise and develop new products and solutions, the Management Board expects EBIT in the 2022 financial year to be below the level of the 2021 financial year.

The Management Board is basing the forecast for the 2022 financial year on the assumption that the supply situation for preliminary products, in particular the availability of semiconductors for secunet's production capacities, will remain stable.
 

Contact
Philipp Gröber
Head of Investor Relations
Phone: +49 201 5454 3937
Fax: +49 201 5454 0
e-mail: investor.relations@secunet.com

secunet Security Networks AG
Kurfürstenstrasse 58
45138 Essen, Germany

ISIN: DE0007276503
WKN: 727650
Listed: regulated market in Frankfurt (Prime Standard); OTC market in Berlin-Bremen, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart
 

Information and Explanation of the Issuer to this News:

secunet - Protecting Digital Infrastructures
In an increasingly networked world, Germany's leading cyber security company, secunet offers a combination of products and consulting services, robust digital infrastructures and the highest level of security for data, applications and digital identities. secunet specializes in areas with unique security requirements, like the cloud, IIoT, eGovernment and eHealth. With secunet's security solutions, companies can comply with the highest security standards in digitization projects and advance their digital transformation.

More than 700 experts strengthen the digital sovereignty of governments, businesses and society. secunet's customers include German federal ministries, national and international organizations and more than 20 DAX-listed corporations. The company was established in 1997, is listed in the Prime Standard segment of the Frankfurt Stock Exchange and generated revenues of around 285 million euros in 2020.

secunet is IT security partner of the Federal Republic of Germany and a partner of the Alliance for Cyber Security.

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.

12-Nov-2021 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

Indices:

SDAX

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1248817


 

End of Announcement

DGAP News Service

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