ESSEN (dpa-AFX) – After significant growth in earnings, the IT security company secunet Security Networks is now expecting a somewhat more positive development for the year as a whole than before. Profitability at the end of the year is likely to be in the middle to upper range of the target ranges, the SDax Group (SDAX) said on Wednesday.
The Essen-based company confirmed the ranges for the margin before interest and taxes (EBIT) at 9.5 to 11.5 percent and the margin before interest, taxes, depreciation and amortization (EBITDA) at 14.5 to 16.5 percent. Secunet expects annual sales to continue to be around 425 million euros.
In the third quarter, incoming orders in particular increased significantly by more than a fifth. Sales rose by 2.4 percent to 113 million euros. Earnings before interest and taxes increased by around nine percent to 17.7 million euros./men/zb
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