SNP AG increases its results in the third quarter 2009 and rises its EBIT forecast to € 4,6 Million



(pressebox) Heidelberg, 14.10.2009,

SNP Schneider-Neureither & Partner AG (SNP) was able to continue its growth trend in the first nine months of 2009. According to provisional figures by September 30th, 2009 the outcome was – despite the difficult economic situation in 2009 – significantly higher compared to the reference period in 2008. In comparison to the reference period, SNP achieved a slightly lower turnover, was, however, able to catch up significantly to the first two quarters. Thus, the EBIT increased by 13.5% to ? 3.2 million (previous reference period: ? 2.9 million), representing an EBIT margin of 21.9% (previous year 18.7%). Net profit increased by 10.5% to ? 2.2 million (previous reference period: ? 2.0 million) and earnings per share rose to ? 1.95 (previous reference period: ? 1.75).

SNP with a continuing stable order book for the current fiscal year expects to fulfill its previous forecast for revenue in 2009 significantly by about ? 21 million. The previous EBIT forecast, which was between 18% and 20%, has risen. SNP expects an EBIT of approximately ? 4.6 million for fiscal 2009, representing an EBIT margin by at least 22%.

The full provisional figures will be published by the SNP Schneider-Neureither & Partner AG on October 22nd, 2009.
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