DGAP-News: P&I Personal & Informatik AG / Key word(s): Quarter Results P&I Personal & Informatik AG: P&I starts new financial year with the most successful quarter in its history 15.08.2013 / 09:00 --------------------------------------------------------------------- * Revenue growth of 17.5 % * EBIT margin up 23.9 % to 33.2 % P&I Personal & Informatik AG (PUIG.F, Frankfurt Stock Exchange) generated revenue of EUR 22.6 million and earnings before interest and taxes (EBIT) of EUR 7.5 million in the first quarter of the new financial year (April 1 to June 30, 2013), thereby recording the best results in its history. Revenue increased by 17.5 %, while the EBIT margin rose by 23.9 % to 33.2 %. Earnings before interest, taxes, depreciation and amortisation amounted to EUR 8.1 million (previous year: EUR 5.8 million). The P&I Group reported DFVA/SG earnings of EUR 5.7 million (previous year: EUR 3.9 million). The Group had an average of 382 employees (FTEs). 'We are extremely satisfied with our figures for the first quarter,' commented Vasilios Triadis, CEO of P&I. 'They are fully in line with our expectations and confirm the assumptions we have made for the financial year as a whole.' In the first three months, consolidated revenue increased by 17.5 % year-on-year to EUR 22.6 million (previous year: EUR 19.3 million). Licence revenue saw above-average growth, increasing by EUR 1.9 million to EUR 7.0 million in the first quarter and accounting for 31 % of the Group's total revenue. As planned, maintenance revenue amounted to EUR 8.6 million (previous year: EUR 8.3 million), meaning that the P&I Group generated 38 % of its revenue from recurring maintenance business. Service revenue was also up significantly year-on-year at EUR 5.7 million (previous year: EUR 5.0 million). 25 % of the P&I Group's total revenue was generated in this business area. SaaS (software as a service) revenue is being reported as a separate revenue category for the first time in the 2013/2014 financial year (having previously been reported under other revenue). SaaS revenue enjoyed dynamic year-on-year growth of 77 %. Taking the prior-year adjustment into account, it increased by EUR 0.5 million to EUR 0.9 million. P&I generated EUR 17.5 million (previous year: EUR 14.2 million) or 77 % of its revenue in Germany; this revenue growth was primarily attributable to licence revenue. International revenue also increased to EUR 7.5 million (previous year: EUR 5.1 million). End of Corporate News --------------------------------------------------------------------- 15.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: P&I Personal & Informatik AG Kreuzberger Ring 56 65205 Wiesbaden Germany Phone: +49 (0) 611 7147-0 Fax: +49 (0) 611 7147-125 E-mail: [email protected] Internet: www.pi-ag.com ISIN: DE0006913403 WKN: 691340 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 225920 15.08.2013