DGAP-News: P&I Personal & Informatik AG / Key word(s): Final Results P&I Personal & Informatik AG: P&I posts new earnings record 04.06.2013 / 10:30 --------------------------------------------------------------------- Increase in licence revenue: 20.3% Increase in total revenue: 16.3% Earnings increase: 32.5% P&I Personal & Informatik AG (PUIG.F, Frankfurt Stock Exchange) generated revenues of EUR 82.1 million (previous year: EUR 70.6 million) with EBIT of EUR 24.0 million (previous year: EUR 18.1 million) in the 2012/2013 financial year. This results in a leading EBIT margin of 29.3% (previous year: 25.7%) and EBIT growth of 32.5%. The record revenue increase was driven by successes in all areas, led by the increase in license revenue of 20.3% - the first time the Group has achieved licence revenue of more than EUR 20 million (EUR 20.5 million) and thus ensuring future growth in other areas. Maintenance revenue rose to EUR 34.0 million with a solid growth of 14.2% (previous year: EUR 29.8 million). Consulting revenue grew by 8.6% from EUR 21.4 million in the previous year to EUR 23.3 million in 2012/2013. 'In concentrating on standard software for human resources management, P&I has an innovative business model distinguished by solid growth rates and a high EBIT margin. We are very satisfied with the strong performance of the P&I Group. The goals we set ourselves for the 2012/2013 financial year were surpassed,' said Vasilios Triadis, CEO of P&I. 'The strength of the P&I Group is the consistency with which we are expanding this business, solidly and sustainably, year after year. We are investing in the next generation of our HR management and payroll software P&I LOGA in the new financial year, and expanding our range of services for all our software products. P&I is supporting the latest Cloud technology with the new version of P&I LOGA/3 in conjunction with P&I BIG DATA. The software can be used both as a separate application or in the Cloud as Software-as-a-Service (SaaS). We feel we are well equipped to continue our profitable growth in the new financial year.' P&I now generates almost 25% of its revenue internationally. Revenue in Austria rose by 18.4% while in Switzerland they surged by 84.9%. As a result of the acquisition of MIRUS Software AG per March 1, 2012, Switzerland has become the second strongest segment in the P&I Group at EUR 9.3 million (previous year: EUR 5.0 million). The Swiss business distinguishes itself by the high share of recurring revenue in the form of software maintenance, SaaS and support services, which together account for 65% of revenue. The P&I Group generates 11%, EUR 8.9 million of its revenue in Austria (previous year: EUR 7.6 million). The revenue growth is driven by growth in the license business. The increase in profitability of the P&I Group in the 2012/2013 financial year was caused by strong revenue growth combined with a relatively moderate growth in costs. The EBIT increase of EUR 5.9 million was predominantly driven by growth in our license and maintenance business. The Management Board is projecting further revenue growth for the 2013/2014 financial year, bringing total revenue to between EUR 86 and 90 million. License revenue will also continue to grow to a range of EUR 21 to 25 million. The EBIT margin remains stable. 'We have the ability to think far ahead and to recognize trends early on. We are able to provide products and services in line with the changing requirements of our customers and partners,' concludes Vasilios Triadis, CEO of P&I. 'We are therefore confident that we will continue to achieve our goals in the future as well.' The results will be presented in detail at a company press conference on June 13, 2013. At the same time, the annual report will be published on the company's homepage. End of Corporate News --------------------------------------------------------------------- 04.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory 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 7147-220 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 --------------------------------------------------------------------- 214675 04.06.2013