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SAF records revenue growth of 24.0 percent for fiscal year 2009

One-time costs due to takeover by SAP affect net profit

(PresseBox) (Tägerwilen, )
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- Total license sales 2009 increased by 36.4 percent
- Maintenance business grew by 26.6 percent in fiscal year 2009
- Additional costs due to takeover affect net profit
- SAP is major shareholder with approx. 70 percent

SAF AG, which is listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN CH0024848738), announced revenues for fiscal year 2009 of EUR 16.6 (FY/08: EUR 13.4 million) as well as a net profit of EUR 0.7 million (FY/08: EUR 2.1 million). Consolidated net profit fell by 65.7 percent from EUR 2.1 million to EUR 0.7 million due to oneoff expenses of EUR 4.0 rqshbqh becfpqhg bc f rimhnk js BLM'l qhkprrvesqf yj UWC.

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