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DGAP-Adhoc: secunet Security Networks AG: forecast for 2019 financial year raised again


DGAP-Ad-hoc: secunet Security Networks AG / Key word(s): Forecast/Change in Forecast
secunet Security Networks AG: forecast for 2019 financial year raised again

12-Dec-2019 / 16:11 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.


Publication of inside information pursuant to
Article 17 MAR

secunet Security Networks AG: forecast for 2019 financial year raised again

[Essen, 12 December 2019] Based on the preliminary business results achieved as at November of the current year and the well-filled order book for December 2019, the Management Board of secunet Security Networks AG (ISIN DE0007276503, WKN 727650) is raising its forecast for the 2019 financial year. Sales revenues of around 230 million euros are now expected, with earnings before interest and taxes (EBIT) of around 35 million euros. The increase in the forecast is primarily due to short-term call-offs from framework agreements in the Public Sector division. Previously (as announced on 11 September 2019), the company had anticipated sales revenues of around 210 million euros and an EBIT of around 32 million euros.


Contact:
secunet Security Networks AG
Head of Investor Relations
Dr Kay Rathke
Phone: +49 201 5454 1221
e-mail: [email protected]

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

End of the communication

Contact

Dr Kay Rathke
Head of Investor Relations

Patrick Franitza
Press Spokesman

secunet Security Networks AG
Kurfürstenstrasse 58
45138 Essen, Germany
Phone: +49 201 5454 1234
Fax: +49 201 5454 1235
e-mail: [email protected]
http://www.secunet.com

About secunet
secunet is one of the leading German providers of high-quality IT security. Over 600 experts work in the areas of cryptography, e-government, business security and automotive security, developing innovative products and highly secure, trustworthy solutions. secunet has more than 500 national and international customers, including many DAX-listed companies, public authorities and organisations. The company is an IT security partner to the Federal Republic of Germany and a partner of the German Alliance for Cyber Security.
secunet was founded in 1997 and achieved revenues of 163.3 million euros in 2018. secunet Security Networks AG is listed on the Prime Standard of the German Stock Exchange.
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-Dec-2019 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: [email protected]
Internet: www.secunet.com
ISIN: DE0007276503
WKN: 727650
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 934821

 
End of Announcement DGAP News Service

934821  12-Dec-2019 CET/CEST

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Secunet Security AG Stock

€150.60
-0.130%
The price for the Secunet Security AG stock decreased slightly today. Compared to yesterday there is a change of -€0.200 (-0.130%).
With 2 Buy predictions and 1 Sell predictions the community is currently undecided on Secunet Security AG.
As a result the target price of 250 € shows a very positive potential of 66.0% compared to the current price of 150.6 € for Secunet Security AG.
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