DGAP-News: P&I Personal & Informatik AG / Key word(s): 9-month figures P&I Personal & Informatik AG: Forecasts confirmed by results for first nine months 12.02.2015 / 16:00 --------------------------------------------------------------------- * Revenue growth of 12.0 % In the first nine months of the 2014/2015 financial year (April 1 to December 31, 2014), P&I Personal & Informatik AG (P&I) increased its revenue by 12.0 % to EUR 78.1 million (previous year: EUR 69.7 million) and generated earnings before interest and taxes (EBIT) of EUR 30.5 million (previous year: EUR 20.6 million). This corresponds to an EBIT margin of 39.1 % (previous year: 29.6 %). Earnings before interest, taxes, depreciation and amortisation amounted to EUR 32.1 million (previous year: EUR 22.3 million). The P&I Group reported earnings after taxes (EAT) of EUR 23.8 million (previous year: EUR 19.7 million). The Group employed an average of 388 people (FTEs). "With our new solutions P&I LOGA3, HRBC and P&I BIG DATA, we are supplementing our product portfolio with a technology platform that opens up new opportunities for our customers' HR digitalisation and that will change the market," commented Vasilios Triadis, Chairman of the Management Board of P&I. "Our figures for the first nine months again underline the sustainability of P&I's business." Consolidated revenue for the first nine months of the financial year increased by 12.0 % year-on-year to EUR 78.1 million (previous year: EUR 69.7 million). Licence revenue enjoyed above-average growth compared with the previous year, climbing by EUR 4.0 million to EUR 23.0 million and accounting for 30 % of the Group's total revenue. The P&I Group is reporting recurring revenue as a separate category comprising maintenance income, software as a service (SaaS) income and recurring BIG DATA revenue from service agreements for the first time with effect from the start of the 2014/2015 financial year. Taking into account the prior-year adjustment, recurring business grew by 15 % to EUR 39.0 million. 50 % of the P&I Group's revenue was generated from recurring business. P&I generated EUR 59.2 million (previous year: EUR 53.8 million) or 76 % of its revenue in Germany. This year-on-year increase is primarily due to the rise in recurring maintenance and service business revenue. Thanks to the extremely good second quarter in the Switzerland segment, international revenue also enjoyed year-on-year growth to EUR 18.9 million (previous year: EUR 15.9 million). In its current planning, which depends to a large extent on the progress of major projects, the Management Board is forecasting an EBIT margin in the region of 38 % on the back of total consolidated revenue of around EUR 105 million and assuming high cost efficiency. "We are confident in P&I's ability to appeal to the HR world with its product portfolio of software and services. Cooperation and communication with our customers is a key factor," summarised Vasilios Triadis, Chairman of the Management Board of P&I. "Accordingly, we are confident of achieving our goals once again this year." --------------------------------------------------------------------- 12.02.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 322985 12.02.2015