20.01.2016 | Austria
S&T AG: preliminary figures give rise to expectations of a repeat beating of objectives set for profits- Consolidated income of EUR 15.0 million planned for year 2015 will be exceeded
- Increase of dividend to 8 cents planned
- Sales to rise in 2016, with profits set to grow even faster
S&T AG remains on course for further growth. According to preliminary figures, S&T's revenues from sales in financial year 2015 came to nearly EUR 465 million after EUR 386 million in financial year 2014. This rise was largely due to the excellent business done in the fourth quarter. The planned consolidated income in 2015 had been EUR 15 million. Preliminary figures indicate that this figure was exceeded in 2015.
S&T's strong earnings are causing its management to propose to pay a dividend of 8 cents for the financial year 2015 (2014: 7 cents; 2013: 6 cents).
Sales are forecast to rise to app. 500 million in financial year 2016, with consolidated income set to proportionally increase even further.
About S&T AG:
The lead company in its high-tech group, S&T AG is listed on the Frankfurt Stock Exchange's Prime Standard segment (www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT), and has some 2,300 employees. They staff the Group's offices and subsidiaries, which are located in 20 countries. A number of these are in Central and Eastern Europe, in which S&T is a leading supplier of IT services and solutions. Along with IT manufactured by the company itself, these items in turn form part of S&T's comprehensive portfolio of systems, many of which feature technologies developed by the Group itself. Special thrusts of this R&D are the Appliances, Cloud Security, and, since 2014, Smart Energy businesses, with S&T being one of the world´s leading Smart Energy Technology provider.