S&T System Integration & Technology AG: S&T is profitable for three quarters

Vienna (pta033/07.08.2012/18:15 UTC+2) Revenues in the first 6 months of 2012 reached 110 Mio. EUR, which is 16% below the comparable period last year (131 Mio. EUR) due to stopped loss-making business. The gross margin increased in this period to 35,6% compared to 34,8% last year. Also other income increased compared to first half year 2011, whereas personnel costs as well as other expenses have been decreased substantially. This resulted in a profit of EUR 2.8 Mio. in the first half year 2012.

This positive development in results is also reflected in balance sheet. EUR 13.0 Mio. liquid assets as well as a 20% equity ratio can be disclosed in half year's balance sheet. For 2012 management is expecting revenue of more than EUR 200 Mio. and a profit of at least EUR 3.0 Mio.

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Emitter:	S&T System Integration & Technology AG Geiselbergstraße 17-19 1110 Wien Austria
Contact Person:	Sandra Grünwald
Phone:	+43(1)36780881051
E-Mail:	Sandra.Gruenwald@snt-world.com
Website:	www.snt-world.com
ISIN(s):	AT0000905351 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)