InVision Software AG Declares a Positive Forecast for the Year
- An expected 25% increase in turnover to € 15 million
- EBIT should reach € 1 million
InVision Software AG (ISIN: DE0005859698), one of the world’s leading providers of enterprise-wide Workforce Management solutions, is reporting a forecast for the whole year after having had very successful results during the first six months of the 2010 financial year. There is to be an expected 25% increase in turnover taking it from € 12 million last year to € 15 million this year. The EBIT should improve and reach € 1 million this year even after a loss of € 7 million had been declared for the previous year.
To date InVision Software has only forecasted an increasing turnover with a positive EBIT. InVision Software now has very good visibility for business development over the coming months due to its current existing contracts. The declared forecast is therefore well secured.
For the first six months of 2010 InVision Software is declaring a turnover of € 6.6 million, previous year € 6.4 million, with an EBIT of - € 0.8 million, previous year - € 2.9 million. The group’s result is € 0.5 million after - € 2.1 million in the first half-year of 2009.
The full financial report for the first half-year of 2010 is available now for download on this website, in the section ‘Financial Reports’.