Welcome!

News Feed Item

itelligence Publishes Figures for Q4 and Fiscal Year 2013

BIELEFELD, Germany, January 30, 2014 /PRNewswire/ --

  • Revenue growth of 12.3% to MEUR 457.1 in 2013
  • Strong Q4 with EBIT margin of 7.2% (previous year: 5.8%)
  • EBIT for 2013 up 15.6% to MEUR 22.2
  • Headcount stands at 3,078 as at December 31, 2013
  • Forecast for 2014: Revenues increase to more than MEUR 500 with EBIT margin of around 5.5%

itelligence AG concluded fiscal year 2013 with further growth in revenues and income. Revenues rose by 18.1% from MEUR 114.6 to MEUR 135.3 in the fourth quarter. In fiscal year 2013, itelligence thus increased its revenues by 12.3% from MEUR 407.1 to MEUR 457.1. Dynamic organic growth and the strong performance of the companies acquired last year were factors in these good results. Orders on hand at itelligence AG were up 22.7% to MEUR 351.6 as at December 31, 2013 as against MEUR 286.6 at the end of 2012.

Herbert Vogel, CEO of itelligence AG, comments: "We are delighted with our company's revenue growth and performance. The strong fourth quarter quite clearly shows that we are on the right path. We are especially proud to have received the SAP® North America Regional Partner Excellence "Top Business All-in-One Reseller" award from SAP in the USA for the sixth consecutive year."

In the individual revenue segments, Consulting increased its revenues by 1.6% from MEUR 211.5 to MEUR 214.9. Revenues in Outsourcing & Services rose by 16.7% from MEUR 116.3 in the previous year to MEUR 135.7. Application Management also performed strongly, with revenues up 21.5% from MEUR 40.4 to MEUR 49.1. License business posted the biggest revenue growth in percentage terms, with significant 48.6%. Revenues here increased from MEUR 38.3 to MEUR 56.9 in fiscal year 2013.

In terms of geographical distribution, itelligence again recorded particularly strong revenue growth in Eastern Europe. Revenues here were up 50.3% at MEUR 48.1 compared with MEUR 32.0 in the previous year. Western Europe also achieved substantial revenue growth of 20.8% from MEUR 86.7 to MEUR 104.7 in 2013. The USA segment also put in a strong performance with growth of 8.5%, generating revenues of MEUR 100.5 as against MEUR 92.6 in the previous year. In the largest segment, DACH (Germany/Austria/Switzerland), revenues increased by 4.3% from MEUR 185.0 to MEUR 192.9. The Asia segment generated revenues of MEUR 7.1 in fiscal year 2013 compared with MEUR 7.0 (+1.4%) in the previous year. Revenues in the Other segment were unchanged from the previous year at MEUR 3.8.

Along with the increased revenues, itelligence AG also improved all its earnings figures. This was mostly attributable to the strong fourth quarter, in which EBIT (earnings before interest and taxes) rose by 48.5% from MEUR 6.6 to MEUR 9.8. The EBIT margin improved from 5.8% to 7.2%. For the year as a whole, EBIT thus increased by 15.6% from MEUR 19.2 in the previous year to MEUR 22.2 in 2013. Accordingly, the EBIT margin improved by 0.2 percentage points from 4.7% to 4.9%. In the past fiscal year, consolidated net profit rose by 18.2% from MEUR 13.7 to MEUR 16.2.

Norbert Rotter, CFO of itelligence AG, comments: "All divisions and regions contributed to this strong revenue growth in fiscal year 2013. In particular, the revenue share for recurring business increased to 40%. With this strong growth, we have also managed to further improve our profitability. For the first time in the history of itelligence AG, we have more than 3,000 employees worldwide - at the end of the year, our headcount stood at 3,078."

In light of the encouraging order situation, itelligence AG's strong market positioning and the good performance of the acquisitions, the Management Board is forecasting further growth in revenues and a further improvement in the earnings situation in fiscal year 2014. Revenues in 2014 are expected to exceed MEUR 500, corresponding to a rise of around 10%. Earnings are expected to record a stronger improvement than revenues. itelligence aims to achieve an EBIT margin of around 5.5%.

Further figures and details can be found in the 2013 Annual Report, which will be published on March 27, 2014.

itelligence is one of the leading international full-service providers of solutions in support of SAP solutions, employing more than 3,000 highly qualified employees in 22 countries and in five regions (America, Asia, Western Europe, Eastern Europe and Germany/Austria/Switzerland). As a frequently awarded SAP partner, among others global value-added reseller, SAP Certified in Cloud Services, SAP-Certified Provider of Hosting Services for SAP HANA® Enterprise Cloud and SAP Gold Partner Business ByDesign, itelligence realizes complex projects in the SAP solution-based environment for over 5,000 customers worldwide. In 2006, itelligence obtained gold-level status as an SAP channel partner as part of the SAP PartnerEdge™ program in Germany, and in the U.S. in 2007. The company's services in support of SAP solutions range from consulting and licensing to application management services and outsourcing & services to proprietary industry-specific SAP. In 2013, itelligence generated total sales of EUR 457.1 million. itelligence is "Top Consultant" 2013/14.

Contact:
Katrin Schlegel
Phone: +49(0)521-91-448-106
Fax: +49(0)521-91-445-201
[email protected]

itelligence AG
Königsbreede 1
33605 Bielefeld
http://www.itelligence.de

Public Relations:
Silvia Dicke
Phone: +49(0)521-91448-107
Fax: +49(0)521-91445-201
[email protected]

itelligence AG
Königsbreede 1
33605 Bielefeld
http://blog.itelligence.de/
http://www.itelligence.de

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, will discuss th...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
Docker containers have brought great opportunities to shorten the deployment process through continuous integration and the delivery of applications and microservices. This applies equally to enterprise data centers as well as the cloud. In his session at 20th Cloud Expo, Jari Kolehmainen, founder and CTO of Kontena, discussed solutions and benefits of a deeply integrated deployment pipeline using technologies such as container management platforms, Docker containers, and the drone.io Cl tool. H...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
Cloud adoption is often driven by a desire to increase efficiency, boost agility and save money. All too often, however, the reality involves unpredictable cost spikes and lack of oversight due to resource limitations. In his session at 20th Cloud Expo, Joe Kinsella, CTO and Founder of CloudHealth Technologies, tackled the question: “How do you build a fully optimized cloud?” He will examine: Why TCO is critical to achieving cloud success – and why attendees should be thinking holistically ab...
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...