11.4.2007 | Slovenia

2006: Another Successful Year for S&T AG

Organic growth of more than 18%

Turnover 2006: €463 million (+30%) Turnover 2007p: €530 million EBIT 2006: €12 million (+41%) EBIT 2007p: €16 million
12 February 2007. S&T AG's preliminary results for 2006 are very clear: the Group, with a presence in 18 countries, looks back at another successful year. The increase in turnover and improvement in financial results for its business activities were both significant. More than half of the increase in turnover is due to organic growth. In 2006, its share price and market capitalisation increased by approx. 50%. In 2007, S&T continues its growth and takes its services and solutions business to the next level.

Preliminary results show a turnover of € 463 million for S&T AG in 2006. This is 30% more than the € 356 million in 2005. This big increase in turnover was mainly due to the organic growth in S&T's core business areas. For example, Business Solutions achieved a turnover of € 94 million for 2006 – a 42% increase when compared with the € 66 million it made in 2005. Another major factor was the acquisition of four companies during the course of the year. EBIT increased by 41%, from € 8.5 million in 2005 to € 12 million in 2006. Staff numbers increased from 1,923 (FTE) at the end of 2005 to 2,295 at the end of 2006. More than 700 of them work exclusively in Business Solutions.
Contact:
Teja Breznik Alfirev
Phone: +386 1 5855 549

E-Mail