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InVision AG, DE0005859698

InVision AG, DE0005859698

05.11.2019 - 09:14:33

InVision AG Publishes Nine-Months Figures and Specifies Annual Outlook

P R E S S   R E L E A S E

InVision AG Publishes Nine-Months Figures and Specifies Annual Outlook

Düsseldorf (Germany), 5 November 2019 - InVision AG (ISIN: DE0005859698) generated total revenues of EUR 9.448 million (9M 2018: EUR 9.590 million), in the first nine months of the current financial year. Revenues in the Workforce Management segment remained with EUR 9.177 million almost at the previous year's level (9M 2018: EUR 9.245 million). In contrast, the Company recorded a 21 percent decline in Education revenues to EUR 0.271 million (9M 2018: EUR 0.345 million). EBIT (Earnings Before Interest and Taxes) rose in the first nine months of 2019 by 265 percent to EUR 0.787 million (9M 2018: EUR 0.216 million). This increase is largely attributable to lower personnel costs, mainly due to the closure of the location in Derry, Northern Ireland, in the fourth quarter of 2018. The EBIT margin for the first three quarters of 2019 was at 8 percent (9M 2018: 2 percent). As a result of the increased EBIT, the Group's consolidated result also went up from EUR 0.095 million in the previous year's period to EUR 0.582 million. Earnings per share rose accordingly from EUR 0.04 to EUR 0.26. In the first nine months of 2019, operating cash flow increased by 289 percent to EUR 2.420 million (9M 2018: EUR 0.622 million). Cash and cash equivalents went up to EUR 3.602 million, as of 30 September 2019 (31 December 2018: EUR 0.670 million). Equity rose by 6 percent to EUR 10.762 million (31 December 2018: EUR 10.180 million). As of 30 September 2019, the equity ratio decreased to 69 percent (31 December 2018: 84 percent) based on a balance sheet total of EUR 15.617 million (31 December 2018: EUR 12.082 million). This development is partly attributable to the first-time application of IFRS 16. For the full financial year 2019, the Management Board of InVision AG expects total revenues of EUR 12.5 to 13 million and an EBIT of EUR 0.75 to 1.1 million. The Company's Consolidated Interim Statements for the first nine months of the financial year 2019 is now available on the Company's website: www.ivx.com/en/investors/financial-reports.  About InVision: Since 1995, InVision has been helping its clients to increase their productivity and quality of work and reduce their costs. The InVision group incorporates the brands injixo, a cloud-based workforce management solution for contact centres, The Call Center School, offering cloud-learning courses for contact centre professionals, and InVision WFM, a software solution for workforce management. InVision AG (IVX) is listed in the Prime Standard Segment of the Frankfurt Stock Exchange.Further information: www.ivx.com

Contact: InVision AG Investor Relations, Jutta Handlanger Speditionstraße 5, 40221 Düsseldorf (Germany), phone: +49 (0)211 781-781-66, email: ir@invision.de 

05.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: InVision AG Speditionstraße 5 40221 Düsseldorf

Germany Phone: +49 (0)211 / 781-781-66 Fax: +49 (0)211 / 781-781-99 E-mail: info@invision.de Internet: www.invision.de ISIN: DE0005859698 WKN: 585969 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange EQS News ID: 904491   End of News DGAP News Service

904491  05.11.2019 

@ dgap.de