Den Haag, 5 maart 2008 - IDS Scheer AG, leverancier van Business Process Management-oplossingen (BPM), zag zijn wereldwijde omzet in fiscaal jaar 2007 toenemen met 11 procent naar 393,5 miljoen euro. Zonder aanpassingen voor wisselkoerseffecten komt dit overeen met een stijging van 12 procent ten opzichte van fiscaal jaar 2006. De winst voor rente, belastingen en afschrijvingen (EBITA) steeg met 22 procent tot 39,6 miljoen euro. De EBITA-marge steeg van 9,2 procent in fiscaal jaar 2006 naar 10,1 procent in 2007. De nettowinst van de IDS Scheer Group groeide in fiscaal jaar 2007 met 25 procent naar 23,4 miljoen euro. De winst per aandeel groeide in lijn hiermee van 57 eurocent in fiscaal jaar 2006 naar 71 eurocent in fiscaal jaar 2007.
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IDS Scheer raises earnings per share by 25%
- Sales of high-margin products area still showing strongest growth rate
- Concentration on strategic growth topics in consulting pays off
- Higher dividend again proposed: EUR 0.22 (previous year: EUR 0.20) per share
- Significant expansion of number of customers
- IDS Scheer forecasting organic sales growth above the market average of 6% while maintaining a stable EBITA margin for 2008
In the fiscal year 2007, IDS Scheer AG increased its total sales as against the previous year by 11% to EUR 393.5 million. Without adjustment for currency effects, this corresponds to a rise of 12%. In the full year, earnings before interest, taxes and amortization of intangible assets (EBITA) improved by 22% to EUR 39.6 million. In line with this, the EBITA margin rose from 9.2% in the fiscal year 2006 to 10.1% in the year under review. Adjusted for currency translation effects the EBITA margin was 10.2%. Thus, IDS Scheer outperformed its own forecast for sales and exactly met its earnings prognosis.
The IDS Scheer group's net income for the fiscal year 2007 increased by 25% to EUR 23.4 million. Earnings per share rose accordingly from EUR 0.57 in the previous year to EUR 0.71 in the year under review. The Executive Board and the Supervisory Board have resolved to propose to the annual shareholders' meeting for the fiscal year 2007 that the dividend again be raised. The company will propose a dividend increase of 10% to EUR 0.22 per share (previous year: EUR 0.20). Measured against the year-end stock price on XETRA on December 28, 2007 of EUR 15.35, this signifies a dividend yield of 1.4%.
"We will be continuing our shareholder-oriented dividend policy this year as well. IDS Scheer AG is thus one of the few companies on the TecDAX and in the IT industry that has consistently shared its business success with its shareholders by raising its dividend distribution since the time it went public. We shall also retain our dividend policy in future," explained Thomas Volk, CEO and President of IDS Scheer AG.
Share of sales for products further expanded - significant rise of customer base The company continued to push ahead with the expansion of the products area in the past fiscal year. Its share of total sales grew to 33%, again bringing IDS Scheer closer to its medium-term goal of a 40% share of sales. In particular, growth stimulus was generated by the leading international market position of the ARIS Platform, the innovative and customer-oriented development of the solution portfolio, the proven business process management expertise and the strategic partnerships.
Product area sales consisting of sales for ARIS licenses, maintenance and ARIS services climbed by 15% to a total of EUR 129.5 million. The share of the area's sales accounted for by license volume increased to 44% in the fiscal year 2007. License sales for ARIS rose by 26% to EUR 57.2 million (previous year: EUR 45.4 million) where the first two quarters of 2007 benefited from several large license orders. IDS Scheer succeeded in growing the number of customers significantly and - with more than 7,000 companies - the customer base represents a solid foundation for further growth.
In line with the forecast, the EBITA margin in the product business area declined from 25.8% to 22.3%. The reason for this regression was the higher level of investments in sales and marketing, the development of new products and solutions as well as the partnership with leading business software providers for the joint development and marketing of products based on ARIS. As part of its partner strategy, in the products area, IDS Scheer further intensified its long-standing strategic technology and sales partnership with SAP, the partnership with Oracle continued to proceed according to plan and a sales partnership was concluded with Microsoft. In addition, intensive cooperations were established with system integrators to strengthen sales of the ARIS product family around the world. The investments in product development carried out in the fiscal year 2007 and planned for fiscal year 2008 will help to leverage the enormous potential of business with partners in the coming years and increase the earnings contribution of the products area in the long term. In 2007, EUR 13.3 million were invested in research and development for the ARIS Platform.
Strategic focus in consulting services paying off - earnings tripled The consulting area enjoyed a considerable sales boost of 9% to EUR 264.1 million. Direct consulting services grew by 9% in the fiscal year 2007 to EUR 234.7 million, while sales with SAP and other licenses and the corresponding revenue from maintenance climbed by as much as 16% to EUR 29.4 million.
At the same time EBITA was raised from EUR 3.5 millions in 2006 to EUR 10.7 millions, thus being tripled over the previous year's figure. This improvement of the results led to a significant increase in the EBITA margin of the whole consulting area from 1.4% to 4.1% in fiscal 2007.
There was particular success in consulting with process-oriented and pre-configured industry solutions for small and midsized companies. In the large customer segment, the process-driven SAP topic is still the largest sales factor. In both customer segments the stronger focus on industries and topics in future will allow a more direct customer approach and more intensive knowledge transfer. In the consulting area, partnerships are essentially centered on SAP as a product manufacturer and Hewlett-Packard (HP) as a project partner. Several large projects were processed together with HP in the past year. Thanks to the joint sales activities, a highly promising sales pipeline was established for the fiscal year 2008.
Free cash flow more than doubled - significant rise in net cash position IDS Scheer succeeded in generating a stronger cash flow in the past fiscal year. The operating cash flow was EUR 32.4 million, considerably higher than forecasted by the company. This corresponds to an increase as against the previous year of 51%. After deducting the cash flow from investing activities, the free cash flow amounted to EUR 26.9 million - more than double the figure for the previous year of EUR 12.7 million. In light of this, the net cash position improved from EUR 49.3 million to EUR 71.5 million. Liquid assets increased to EUR 98.4 million as of December 31, 2007, after EUR 74.4 millions at previous year's date.
Employee growth in sales, marketing and product development As of December 31, 2007, the number of employees in the IDS Scheer group was 2,992 - 6% higher than at the end of 2006 (previous year: 2,823 employees). At 18%, the increase of staff was strongest in the Americas region. The DACH region employs more than half of the group's staff around the world. In a highly competitive market environment, IDS Scheer further expanded the sales and marketing and product development areas in particular by appointing new, expert employees.
Outlook for 2008: stable EBITA margin with growth above the market average and high outlays Thomas Volk said of the company's business strategy: "The company's outlook in the current year is based on its goal of "Improve Business Performance" for our customers. This goal means focusing our strategy on the improvement of customers' business ratios by optimizing their associated business processes. In order to ensure the implementation of this growth strategy for the future, we will be investing selectively in marketing, our own sales as well as partner business in 2008." IDS Scheer is also planning to expand its customer base significantly and to focus on broadening the ARIS products in 2008. This strategy will be supported by the ongoing development of the company's industry and topic-specific solution offerings. In addition, in light of global shortage of expert employees, human resources work is to be further intensified. As well as employee loyalty - particularly as a result of targeted training - IDS Scheer intends to promote its attractiveness as an 'employer of choice' even more strongly. IDS Scheer is still operating in a growth market. However, given the uncertainty on international markets and the resulting investment restraint, experts are forecasting somewhat weaker growth rates in the current year. Against this backdrop, IDS Scheer is planning organic sales growth for 2008 of at least 6% at constant currency rates. Furthermore, the company expects its EBITA margin to remain steady year-on-year. On account of the basis level for the previous year, which was positively influenced by large orders, the growth effects are not expected to become more immediately apparent until the second half of 2008. IDS Scheer is planning to achieve the growth targets set for 2010. In line with this, sales are expected to increase as a result of both organic growth and acquisitions in the product-related area to a total of at least EUR 600 million. The extremely strong sales growth in the products area is linked to the forecast for a significant improvement in the group EBITA margin to over 14%.
Note: For detailed figures see tables of the annual consolidated financial statements on
www.ids-scheer.com/en/About_us/Investor_Relations/hidden_ir/96558.html ###
Over IDS Scheer
IDS Scheer is marktleider op het gebied van Business Process Management (BPM). Het bedrijf biedt software, oplossingen en diensten voor bedrijven en overheidsinstellingen wereldwijd. Met het ARIS Platform voor Process Excellence biedt IDS Scheer een geïntegreerd en compleet portfolio voor strategie, ontwerp, implementatie en controle van bedrijfsprocessen. Dankzij de geïntegreerde aanpak van ARIS Value Engineering (AVE) kan IDS Scheer bedrijfsstrategie, bedrijfsprocessen, IT-oplossingen en de controle van processen met elkaar verbinden. Ongeveer 2.800 medewerkers in ruim 70 landen ondersteunen de 6.000 klanten van het bedrijf. In 2006 realiseerde IDS Scheer een omzet van 354 miljoen euro. IDS Scheer is in 1984 opgericht door professor August-Wilhelm Scheer. Het bedrijf is genoteerd aan de TecDAX van de Frankfurt Stock Exchange (Duitsland). Voor meer informatie:
www.ids-scheer.com. In Nederland werkt IDS Scheer o.a. voor KLM, ABN AMRO, Rodamco Europe, SaraLee, TNT, Océ, ministerie van Defensie, ministerie van Verkeer en Waterstaat, het Centraal Justitieel Incasso Bureau, het Kadaster, de Luchtverkeersleiding Nederland, de ICTRO (ICT Rechterlijke Organisatie) en het shared service center P-Direct.
Voor meer informatie:
IDS Scheer Nederland BV
Paul van de Waal
Telefoon: +31 (0)70 - 301 2040
E-mail:
paul.vandewaal@ids-scheer.com Lammers van Toorenburg Benelux PR
Sarah Weren
Telefoon: +31 (0)30 - 656 5070
E-mail:
ids-scheer@lvtpr.nl