08.11.2022 secunet Security Networks AG  DE0007276503

EQS-News: secunet Security Networks AG: secunet Security Networks AG publishes Group Quarterly Statement as at 30 September 2022 and confirms Forecast 2022


EQS-News: secunet Security Networks AG / Key word(s): Quarterly / Interim Statement/Quarter Results
secunet Security Networks AG: secunet Security Networks AG publishes Group Quarterly Statement as at 30 September 2022 and confirms Forecast 2022

08.11.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

secunet Security Networks AG publishes Group Quarterly Statement as at 30 September 2022 and confirms Forecast 2022

[Essen, 8 November 2022] secunet Security Networks AG (ISIN DE0007276503, WKN 727650), Germany’s leading cybersecurity company and IT security partner of the Federal Republic of Germany, today publishes its Group Quarterly Statement as at 30 September 2022. As expected, sales revenue and earnings are below the previous year’s level. The order book remains high. The forecast for the full year 2022 is confirmed.

secunet Group generated sales revenue of 213.0 million euros in the months from January to September 2022. Compared with the sales revenue in the same period of the previous year (249.4 million euros), this corresponds to a decline of 15%. The main reason for this was that the bar was set high in the previous year, characterised by two one-off effects. Firstly, secunet Group recorded additional sales revenue in the Public Sector division in the previous year due to the pandemic. Secondly, high product sales were achieved in the Business Sector division due to the roll-out of software upgrades of the secunet e-health connector. As expected, it was not possible to repeat these effects in the current 2022 financial year.

Earnings before interest and taxes (EBIT) for the months from January to September 2022 stood at 23.9 million euros, compared to 48.7 million euros in the same period of the previous year. Along with the development in sales revenue, the changes in product mix and increased investment in workforce size to broaden the solution range had a impact on earnings.

During the reporting period, 116.2 million euros in cash and cash equivalents was disbursed (same period of the previous year: cash outflow of 19.8 million euros). Of this, 49.4 million euros is attributable to the acquisition of SysEleven GmbH and 34.8 million euros to the dividend payment. Furthermore, a cash-effective increase in working capital had a negative impact on cash flow from operating activities. The increase in working capital serves to ensure the ability to deliver in the important year-end business. Cash and cash equivalents as at 30 September 2022 amounted to 3.3 million euros (previous year: 81.8 million euros).

As at 30 September 2022, secunet Group’s order book in accordance with IFRS amounted to 168.6 million euros. It has thus once again reached the high level of the same reporting date in the previous year (174.9 million euros).

“Overall, secunet Group’s business development after the conclusion of the first nine months of the 2022 financial year is in line with our expectations,” says Axel Deininger, CEO of secunet Security Networks AG. “secunet Group’s business performance during the year is characterised by a focus on the second half of the year and a strong fourth quarter. This is related to the procurement processes of public sector clients, who make up the majority of our customers. There are indications of such a trend for the 2022 financial year, as we see positive business momentum, which is also reflected in the level of orders received. On this basis, we are confident of achieving the targets we set for the 2022 financial year.”

The Management Board of secunet Security Networks AG confirms its forecast for the 2022 financial year. Sales revenue is expected to be around 320 million euros. EBIT is estimated at around 50 million euros. The outlook continues to assume that the procurement situation on the global semiconductor markets will not deteriorate significantly.

The Group Quarterly Statement as at 30 September 2022 is available for you to download at www.secunet.com.



Philipp Gröber
Head of Investor Relations
Phone: +49 201 5454 3937
e-mail: [email protected]

secunet Security Networks AG
Kurfürstenstrasse 58
45138 Essen, Germany

ISIN: DE0007276503
WKN: 727650
Listed: regulated market in Frankfurt (Prime Standard); open market trading in Berlin, Bremen, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart

secunet – protection for digital infrastructures

secunet is Germany’s leading cybersecurity company. In an increasingly connected world, the Company’s combination of products and consulting assures resilient digital infrastructures and the utmost protection for data, applications and digital identities. secunet specialises in fields with particular requirements on security – such as cloud computing, IIoT, eGovernment and eHealth. With security solutions from secunet, companies can maintain the highest security standards in digitalisation projects and thus expedite their digital transformation.

Over 1000 experts strengthen the digital sovereignty of governments, businesses and society. secunet’s customers include federal ministries, more than 20 DAX-listed corporations as well as other national and international organisations. The Company was founded in 1997. It is listed on the SDAX and achieved revenues of around 337 million euros in 2021.

secunet is an IT security partner to the Federal Republic of Germany and a partner of the German Alliance for Cyber Security.

Further information can be found at www.secunet.com.



This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.

08.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: secunet Security Networks AG
Kurfürstenstr. 58
45138 Essen
Phone: +49 (0)201 - 5454 - 1227
Fax: +49 (0)201 - 5454 - 1228
E-mail: [email protected]
Internet: www.secunet.com
ISIN: DE0007276503
WKN: 727650
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1481265

End of News EQS News Service

1481265  08.11.2022 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 158,32 163,29 226,90 285,59 337,62 347,22 393,69
EBITDA1,2 25,28 29,11 39,91 59,70 73,81 61,88 60,44
EBITDA-Marge3 15,97 17,83 17,59 20,90 21,86 17,82
EBIT1,4 23,45 26,91 33,18 51,64 63,88 47,01 42,98
EBIT-Marge5 14,81 16,48 14,62 18,08 18,92 13,54 10,92
Jahresüberschuss1 15,87 17,82 22,18 34,98 42,90 31,29 29,00
Netto-Marge6 10,02 10,91 9,78 12,25 12,71 9,01 7,37
Cashflow1,7 20,35 7,67 31,25 56,38 53,74 -3,96 51,88
Ergebnis je Aktie8 2,45 2,77 3,44 5,43 6,66 4,84 4,51
Dividende8 1,20 2,04 1,56 2,54 5,38 2,86 0,58
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

secunet Security Networks
WKN Kurs in € Einschätzung Börsenwert in Mio. €
727650 119,800 Kaufen 778,70
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
22,60 34,68 0,65 32,49
6,36 15,01 1,98 12,33
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
2,86 2,36 1,97 23.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 13.08.2024 12.11.2024 22.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-12,29% -19,14% -17,95% -41,27%
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Software , 727650 , YSN , XETR:YSN