Secunet Security Networks AG (LTS:0NWC)
€ 93.4 1.8 (1.97%) Market Cap: 604.90 Mil Enterprise Value: 600.69 Mil PE Ratio: 21.79 PB Ratio: 4.87 GF Score: 82/100

Q3 2021 Secunet Security Networks AG Earnings Call Transcript

Nov 03, 2021 / 09:30AM GMT
Release Date Price: €521.87 (+12.23%)
Axel Deininger
secunet Security Networks AG - Chairman & CEO

Welcome from our side. My name is Axel Deininger, CEO of secunet; and Thomas Pleines, our CFO, will later on also guide you through the presentation. So, welcome again.

To give you a short update and summary of the first nine months of 2021, let me start with the quick summary on -- I think on the highlights. We had a excellent sales revenue increase year-on-year, on close to EUR250 million, which means 30% -- or more than 30% increase. We have an EBIT line that grows even higher disproportionately to close to EUR50 million with EUR48.7 million, which is an increase of 50%.

And we saw the growth both in the public and the business sector. So, it's not only in the public sector this time. Of course, it's still the dominant segment; you will see later on. But also, the good growth in business sector now after COVID lockdown last year, we had positive effects also in 2021.

We have still a very good order book, which gives us a solid basis for further business and for further growth potential, considering the

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