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secunet: planning confirmed, profit increased

In the first half of 2020, secunet Security Networks was able to increase sales from 101 million euros to 113.4 million euros. Above all, product sales in the â € œPublic Sectorâ € have increased, according to the company headquarters in Essen. Before interest and taxes, the company shows a profit increase from 11.8 million euros to 16.2 million euros. The bottom line is that the half-year profit increases from 7.7 million euros to 10.9 million euros. The surplus per secunet share was thus increased from EUR 1.22 to EUR 1.71. The group puts the order backlog at 111.7 million euros compared to 81 million euros at the end of June last year.

â € œIn the challenging conditions resulting from the corona pandemic, we achieved very good results in the first six months of the current 2020 financial year, â € says Axel Deininger, CEO of secunet Security Networks AG. â € œCompared to the general risks from the corona epidemic, the growth opportunities for secunet from the digitalisation surge in the context of the pandemic outweigh the prospects. This prospect and the still very high order backlog allow us to look to the second half of the year with confidence, â € said the manager.

The forecast for 2020 will be confirmed again by the company on Wednesday. secunet Security Networks expects sales of EUR 270 million and earnings before interest and taxes of EUR 48 million.

At a glance – chart and news: secunet Security Networks

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