LVT PR Newsroom Nederland

 -       Omzet groeit in tweede kwartaal van 2010

-       Nieuwe grote contracten en internationale groei

-       Aangepaste EBIT aanzienlijk verbeterd

T-Systems heeft zijn omzet in het eerste half jaar van 2010 zien groeien. Daarnaast realiseerde het bedrijf verbeteringen in de winstgevendheid in het tweede kwartaal van 2010.

De totale omzet groeide in het tweede kwartaal met bijna drie procent tot 2,2 miljard euro. De omzet die buiten de groep werd gerealiseerd, groeide met 7,2 procent nog sterker. De internationale omzet nam toe met 7,9 procent. Ondanks het feit dat de wereldwijde economie nog niet volledig is hersteld, was het aantal nieuwe orders aan het eind van het eerste half jaar van 2010 2,9 procent hoger dan in dezelfde periode vorig jaar. T-Systems sloot grote nieuwe overeenkomsten met onder andere Deka-Bank, TUI-Travel, de Duitse bondsstaat Hessen en Deutsche Post DHL.

T-Systems

Media Relations

Mariëlle van der Werf

Tel.: 06 204 22 583

Tel.: 0347 327 327

E-mail: Marielle.van.der.Werf@t-systems.nl

Onderstaand vindt u het volledige Engelstalige persbericht.
 

T-Systems markedly increases profitability

•  Growing revenues in the second quarter of 2010
• New large contracts and international growth
• Adjusted EBIT significantly strengthened

Proposed quote:
Klaus Werner, Chief Financial Officer of T-Systems:
„We have considerably increased our profitability. The adjusted EBIT margin is developing according to plan. We will continue to focus on efficiency in the second half-year“.

__________________________________________________________________

Systems Solutions – Revenue growth and improved earnings

T-Systems’ business developed encouragingly overall in the first half of 2010 and saw continued revenue growth and a clear improvement in its earnings in the second quarter.

Total revenue increased by just under 3 percent in the second quarter to EUR 2.2 billion. Revenue generated outside the Group increased to a far greater extent, by 7.2 percent, and international revenue by 7.9 percent.  

Despite the fact that the global economy has not yet fully recovered, the level of new orders was 2.9 percent higher at the end of the first half-year than in the prior-year period. New big deals include those with Deka-Bank, TUI-Travel, the federal state of Hesse and Deutsche Post DHL.

The substantial improvement in profitability was reflected in the significant increase in adjusted EBIT, which, at EUR 123 million at the end of the first half-year, was up 34 percent on the prior-year period. The growth rate was also very high in the second quarter at 31 percent. This demonstrates once more that the Save for Service efficiency enhancement program is taking effect. The adjusted EBIT margin totaled 3.4 percent, up from 2.7 percent the prior-year quarter.

T-Systems also made progress in the field of connected work with unique ICT solutions. Many customers are increasingly opting for cloud services and
T-Systems’ customers already get two thirds of all SAP services from the cloud. That means they receive services as they need them and pay only for what they have used. The operating segment also offers attractive systems integration services, with one in five of the world’s largest international airports with 25 million or more passengers annually using airport solutions and services provided by T‑Systems.

Systems Solutions operating segment*:

Comments on the table:

The 160,000 or so business customers transferred from the Systems Solutions operating segment effective January 1, 2009 are shown as part of the fixed-network operations in the Germany operating segment. All prior-quarter and prior-year figures have been adjusted for better comparability.

a Non-core activities and consolidation

This press release contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These also include statements on market potential, statements on finance guidance, as well as on the dividend outlook. They are generally identified by the terms “expect,” “anticipate,” “believe,” “intend,” “estimate,” “aim for,” “goal,” “plan,” “will,” “strive for,” “outlook,” or similar expressions and often include information that relates to net revenue expectations or targets for adjusted EBITDA, profit or loss, earnings performance, and other indicators, as well as personnel-related measures and workforce adjustments. Forward-looking statements are based on current plans, estimates and projections. They should therefore be considered with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond
Deutsche Telekom’s control, including those described in the sections “Forward-Looking Statements” and “Risk Factors” of the Company’s Form 20-F annual report filed with the U.S. Securities and Exchange Commission. Among the relevant factors are the progress of Deutsche Telekom’s workforce reduction initiative, the restructuring of operating activities in Germany, and the impact of other significant strategic or business initiatives, including acquisitions, dispositions, business combinations, and cost reduction measures. In addition, regulatory decisions, stronger than expected competition, technological change, litigation and regulatory developments, among other factors, may have a material adverse effect on costs and revenue development. Furthermore, changes in the economic and business environments – for example, the current economic slump – in markets where we, our subsidiaries and affiliates operate, the enduring instability and volatility on the global financial markets, as well as exchange rate and interest rate fluctuations can also adversely affect our business development and the availability of capital at favorable terms. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, Deutsche Telekom’s actual results may be materially different from those expressed or implied by such statements. Deutsche Telekom can offer no assurance that its expectations or targets will be met. Deutsche Telekom does not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise. Deutsche Telekom does not reconcile its adjusted EBITDA guidance to a GAAP measure because it would require unreasonable effort to do so. As a rule, Deutsche Telekom does not predict the net effect of future special factors due to their uncertainty. Special factors and interest, taxes, depreciation and amortization (including impairment losses) can have a significant effect on Deutsche Telekom’s results.

In addition to figures prepared in accordance with IFRS, Deutsche Telekom presents non-GAAP financial performance measures, including EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, adjusted EBT, adjusted net profit, free cash flow, gross debt and net debt. These non-GAAP measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with IFRS. Non-GAAP financial performance measures are not subject to IFRS or any other generally accepted accounting principles. Other companies may define these terms in different ways. For further information relevant to the interpretation of these terms, please refer to the chapter “Reconciliation of pro forma figures” posted on Deutsche Telekom’s website (www.telekom.com) under the link “Investor Relations.”

043/2010

Deutsche Telekom AG

Corporate Communications

Tel.: +49 (0) 228 181 – 4949

E-mail: presse@telekom.de

Further information is available for journalists at: www.telekom.com/media

About Deutsche Telekom AG

Deutsche Telekom is one of the world’s leading integrated telecommunications companies with over 150 million mobile customers, approximately 38 million fixed-network lines and more than 15 million broadband lines (as at March 31, 2010). The Group provides products and services for the fixed network, mobile communications, the Internet and IPTV for consumers, and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in over 50 countries and has more than 258,000 employees worldwide. The Group generated revenues of EUR 64.6 billion in the 2009 financial year – almost half of it outside Germany (as at December 31, 2009).    

About T-Systems
Drawing on a global infrastructure of data centers and networks, T-Systems operates information and communication technology (ICT) systems for multinational corporations and public sector institutions. On this basis, Deutsche Telekom’s corporate customers arm provides integrated solutions for the networked future of business and society. Some 45,300 employees at T-Systems combine industry expertise with ICT innovations to add significant value to customers’ core business all over the world. The corporate customers unit generated revenue of around EUR 8.8 billion in the 2009 financial year.

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