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Nexus AG: Successful Annual Result in 2019 with Substantial Sales and Revenue Growth
Donaueschingen
(pta014/10.03.2020/08:30 UTC+1)
10 March 2020: NEXUS AG, one of the leading European suppliers of software solutions in the healthcare sector, was able to increase its sales by 8.2 % and earnings before interest and taxes (EBIT) by 14.9 % in the fiscal year 2019. Sales in core business "Healthcare Software" increased by approx.10.9 %. As a result, the positive development of sales and revenue of the last years could be continued.
In 2019, sales improved from KEUR 136,469 to KEUR 147,648 (+8.2 %). The "Healthcare Software" division increased its sales from KEUR 125,904 to KEUR 139,597 (+10.9 %), and the "Healthcare Service" division had a decrease from KEUR 10,565 in 2018 to KEUR 8,051 as part of realignment. The international share of total business volume was 46.7 % (previous year: 46.0 %) and amounted to KEUR 68,901 compared to KEUR 62,769 in the previous year. The Group result before interest and taxes (EBT) increased considerably by 14.9 % to KEUR 17,444 (previous year: KEUR 15,181). The result before taxes (EBT) reached KEUR 16,862 following KEUR 14,929 in the previous year's period (+12.9 %). EBITA increased by 18.2 % from KEUR 18,335 (2018) to KEUR 21,676. EBITDA increased by 27.1 % to KEUR 33,947 (previous year: KEUR 26,708) during the reporting period. Adjusted for the IFRS 16 effect, EBITDA increased by 10.7 %.
The cash flow amounted to KEUR 24,618 following KEUR 20,241 in the previous year (+21.6 %). At the end of 2019, the company had cash resources at its disposal in the amount of KEUR 35,204 (previous year: KEUR 27,016). NEXUS AG had equity capital amounting to KEUR 115,135 as of 31 December 2019 (previous year: KEUR 108,325). Consequently, the equity capital rate is 55.3 % (previous year: 51.3 %). This demonstrates that NEXUS AG has a sustainable and healthy balance sheet as well as sufficient capital for further financing of its European growth strategy.
At the annual general meeting on 30 April 2020, the Supervisory Board and the Executive Board will propose to pay a dividend of EUR 0.18 per share.
The detailed Annual Report can be found on our homepage at: https://en-en.nexus-ag.de/company/investor-relations - Financial Reports
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Emitter: |
Nexus AG Irmastraße 1 78166 Donaueschingen Germany |
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Contact Person: | Hannes Wehinger | |
Phone: | +49 771 - 22960 258 | |
E-Mail: | ir@nexus-ag.de | |
Website: | www.nexus-ag.de | |
ISIN(s): | DE0005220909 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt, Hamburg; Free Market in Berlin, Dusseldorf, Munich, Stuttgart |