Pironet NDH has accelerated its rate of growth and continued the disproportionate profit momentum. The increase in customer interest with the expansion of the product range and the further improvements in utilisation in the field of ICT-outsourcing are reflected in the figures to an ever greater extent.
Compared to the growth rate still at 7.5% in the middle of the year, the 3rd quarter produced a plus in double figures. Turnover climbed by 11.5% to 11.2 million EUR, reaching the highest quarterly result in the company's history. Earnings rose sharply. EBIT (earnings before interest and taxes) soared by 34% to 0.63 million EUR (previous year: 0.47 million EUR), the EBIT margin advanced by one percentage point to 5.6%. With the financial results remaining unchanged (0.2 million EUR) pre-tax profits rose by 23.9% to 0.83 million EUR.
The cumulated figures for the first nine months of the current financial year show record figures for turnover and profit. Revenues increased by 8.6% from 29.1 million EUR to 31.6 million EUR. EBIT improved by 26.5% to 1.7 million EUR. As a result of financial results slipping to 0.4 million EUR (0.54 million EUR), pre-tax profits could not keep pace. They rose by 11.1% to 2.1 million EUR.
The Board of Directors is very confident of meeting the targets set for the final quarter of the current financial period of 42 million EUR turnover with a disproportionately large growth in profits.
Compared to the growth rate still at 7.5% in the middle of the year, the 3rd quarter produced a plus in double figures. Turnover climbed by 11.5% to 11.2 million EUR, reaching the highest quarterly result in the company's history. Earnings rose sharply. EBIT (earnings before interest and taxes) soared by 34% to 0.63 million EUR (previous year: 0.47 million EUR), the EBIT margin advanced by one percentage point to 5.6%. With the financial results remaining unchanged (0.2 million EUR) pre-tax profits rose by 23.9% to 0.83 million EUR.
The cumulated figures for the first nine months of the current financial year show record figures for turnover and profit. Revenues increased by 8.6% from 29.1 million EUR to 31.6 million EUR. EBIT improved by 26.5% to 1.7 million EUR. As a result of financial results slipping to 0.4 million EUR (0.54 million EUR), pre-tax profits could not keep pace. They rose by 11.1% to 2.1 million EUR.
The Board of Directors is very confident of meeting the targets set for the final quarter of the current financial period of 42 million EUR turnover with a disproportionately large growth in profits.
