secunet share: secunet reports a quarterly loss – but still has an eye on annual targets

In the first quarter, sales of EUR 55.2 million were around 16 percent lower than a year earlier, as the SDAX-listed company surprisingly announced on Thursday in Essen based on preliminary figures. Before interest and taxes (EBIT) there was a loss of 6.2 million euros, after secunet Security Networks had achieved an operating profit of 8.5 million euros a year earlier. Nevertheless, the board of directors is sticking to its business goals for the year as a whole – and refers to a “record high order backlog”.

The management continues to expect sales of around 375 million euros for 2023. The operating profit (EBIT) should reach around 50 million euros. secunet’s business will focus on the second half of the year, it said. Such a course is also indicated for 2023. The order backlog at the end of March amounted to EUR 228.6 million.

In after-hours Tradegate trading on Thursday, the secunet share temporarily gained 1.41 percent to EUR 202.00.

/stw/he

FOOD (dpa-AFX)

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