Preliminary annual figures 2020
According to preliminary figures, the revenues of InterCard AG Informationssysteme in the concern have risen to EUR 20.7 million. During the previous year the concern revenues were EUR 19.1 million.
The increase in the result lay above our expectations during the year. According to our preliminary figures the EBITDA increased in 2020 to TEUR 2,311; during 2019 it lay at TEUR 1,840 and in 2018 at TEUR 987. The EBIT rose to TEUR 1,172 after TEUR 798 in the previous year and TEUR 342 in 2018. The EBT reached TEUR 1,047 after TEUR 675 in 2019 and TEUR 255 in 2018.
The increased result within the concern resulted from the continued positive development in some areas of business such as access controls – accompanied by strict costs discipline in areas that were adversely affected by the pandemic.
The increase in revenues within the concern is largely due to the consolidation of our new subsidiary company IDpendant from September 2020. During the consolidation period 2020 its contribution to the concern revenues lay at approx. EUR 1.8 million. In 2021 the company will contribute to concern revenues throughout the year for the first time. IDpendant worked profitably throughout the year during 2020, with revenues of well over EUR 4 million.
In the case of systems and solutions for universities and further education establishments, hitherto our largest revenues segment by far, we have recently continued to register low incoming orders as a result of the closures, and delays in the execution of orders which cannot yet be quantified entirely. Following 2020, which was a good business year, we consequently expect a lower annual result for 2021 with only a small rise in revenues due to acquisitions.
IR Contact
Gerson Riesle
SECANDA AG
Marienstraße 10
D-78054 Villingen-Schwenningen
Phone: +49 7720 – 9945 – 0
Fax: +49 7720 – 9945 – 10
E-mail: investor.relations@secanda.com
Disclaimer for forward-looking statements
The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.
The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning.
> read more
We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward- looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.
> less