itelligence AG / AGM/EGM 27.05.2010 15:30 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- itelligence AG: Annual General Meeting approves agenda items with large majority - Annual General Meeting resolves dividend of EUR 0.10 per share - Review of successful fiscal year 2009 - Goals for 2010: further growth in revenues and stable income - New Supervisory Board members elected Bielefeld, May 27, 2010 - At today's Annual General Meeting of itelligence AG in Bielefeld, Herbert Vogel (CEO) and Norbert Rotter (CFO) reported on the past fiscal year, the company's strategy and its outlook for 2010. The Supervisory Board and the Management Board also proposed to the Annual General Meeting a dividend of EUR 0.10 per share for the fiscal year 2009. The Annual General Meeting approved this and all other items on the agenda by a large majority. As of the end of today's Annual General Meeting, Takashi Enomoto and Kazuyuki Arata of NTT DATA Corporation resigned their mandates as members of the Supervisory Board of itelligence AG and thereby left the Supervisory Board. Kazuhiro Nishihata, Senior Vice President and Managing Director of NTT DATA Corporation and Akiyoshi Nishijima, Deputy Senior Executive Manager of NTT DATA Corporation, were elected as new members of the Supervisory Board. NTT DATA Europe - a subsidiary of NTT DATA Corporation - currently holds 87.7% in itelligence AG together with NTT Communications. In their speeches, the members of the Management Board made it clear that 2009 had been a challenging fiscal year for the industry as a whole and for itelligence AG. Nonetheless, itelligence increased its revenues from MEUR 216.6 to MEUR 220.0 in the fiscal year 2009. EBIT remained stable at MEUR 12.3 (previous year: MEUR 13.6). IFRS earnings amounted to MEUR 7.2 after MEUR 10.8 in the previous year. Accordingly, earnings per share for the fiscal year 2009 were EUR 0.28 after EUR 0.44 in fiscal year 2008. Herbert Vogel, CEO of itelligence AG, commented: 'In the fourth quarter of 2009 in particular, we picked up considerably in revenues and orders on hand, thereby achieving a satisfactory result overall for the fiscal year 2009. Adapting the cost situation early on was a key factor. Furthermore, the acquisition and integration of 2B Interactive also contributed to our good results.' In particular, the Management Board was given cause for optimism by orders on hand, which increased by 5.7% in the first quarter of 2010 from MEUR 166.2 as of the end of the same quarter of the previous year to MEUR 175.7, outperforming the high level recorded at end of 2009 by 7.9% (MEUR 162.8). Norbert Rotter, CFO of itelligence AG, remarked on this: 'With the year now underway and figures on schedule, we are optimistic about achieving our goals for 2010. itelligence will continue to invest in expanding its market positioning among SMEs and is planning to implement this through organic and external growth.' In light of current market forecasts and assuming a stable overall economic environment, itelligence expects to generate revenues of MEUR 230-240 in the current year, representing year-on-year growth of between 4.5% and 9.1%. The EBIT margin is forecast to remain on par with the previous year's level at between 5.2% and 5.6%. itelligence is one of the leading international full-service providers of solutions in support of SAP solutions, employing more than 1,600 highly qualified employees in 19 countries and in five regions (Americas, Asia, Western Europe, Eastern Europe and Germany/Austria). As a frequently awarded SAP partner, itelligence realizes complex projects in the SAP solution-based environment for over 3,000 customers worldwide. In 2006, itelligence obtained gold-level status as an SAP channel partner as part of the SAP PartnerEdge(TM) program in Germany, and in the U.S. in 2007. The company's services in support of SAP solutions range from consulting and licensing to outsourcing and services to proprietary industry-specific SAP solutions. In 2009, itelligence generated total sales of EUR 220.0 million. Katrin Schlegel Tel: +49 (0) 521-91 448 106 Fax: +49 (0) 521-91 445 201 Katrin.Schlegel@itelligence.de itelligence AG Königsbreede 1 33605 Bielefeld http://www.itelligence.de 27.05.2010 15:30 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: itelligence AG Königsbreede 1 33605 Bielefeld Deutschland Phone: +49 (0)521 91448-106 Fax: +49 (0)521 91445-201 E-mail: katrin.schlegel@itelligence.de Internet: www.itelligence.de ISIN: DE0007300402 WKN: 730 040 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: itelligence AG: Annual General Meeting approves agenda items with large majority
| Source: EQS Group AG