DGAP-News: CENIT AG / Key word(s): Quarter Results 
CENIT reports decline in sales and earnings in the first quarter of 2021 
2021-05-12 / 07:44 
The issuer is solely responsible for the content of this announcement. 
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Stuttgart, 12 May 2021 - During the first three months, CENIT group generated sales revenues of EUR k 36,222 (prior 
year: EUR k 39,228/-7.7%). Due to the ongoing global pandemic, CENIT expects the business environment to remain 
difficult in the fiscal year 2021, which is not likely to improve until the second half of the year. As expected, this 
resulted in a decline in sales in the first quarter. 
Sales revenues in CENITs consulting and services segment decreased by -22.2% to EUR k 9,018 (prior year: EUR k 11,594). 
Sales of third-party software have slightly changed by -0.3% to EUR k 23,641 (prior year: EUR k 23,724). Sales proceeds 
from CENIT's proprietary software decreased as well from EUR k 3,640 to EUR k 3,554 (-2.4%). 
The gross profit (operating output less cost of materials) amounted to EUR k 17,980 (prior year: EUR k 20,023), 
representing a decrease of -10.2%. CENIT achieved EBITDA of EUR k 833 (prior year: EUR k 2,338/-64.4%) and EBIT of EUR 
k -522 (prior year: EUR k 805/> -100.0%). Results per share were -0.06 EUR (prior year: 0.06 EUR). 
Orders Development 
During the first three months, the group-wide order intake totaled EUR k 50,296 (prior year: EUR k 53,872). On March 31 
^st, 2021 orders in hand amounted to EUR k 51,909 (prior year: EUR k 61,866). 
Asset and Financial Situation 
On the balance-sheet date, equity capital totaled EUR k 42,236 (31 Dec. 2020: EUR k 42,723), accounting for an equity 
ratio of 42.6% (31 Dec. 2020: 51.2%). On the balance-sheet date, bank deposits and liquid assets totaled EUR k 32,601 
(31 Dec. 2020: EUR k 26,056). The operative cash flow was EUR k 7,676 (prior year: EUR k 9,653). 
Employees 
On March 31^st, 2021, CENIT group employed 704 (prior year: 738). Group-wide personnel costs for the reporting period 
were EUR k 15,297 (prior year: EUR k 15,312). 
Outlook 
For the current year, the CENIT group expects sales of around 152.000 EUR k and earnings (EBIT) of around 4.900 EUR k 
provided that the general conditions do not get significantly worse because of the Corona pandemic. 
Please visit CENIT's homepage for the full 3 Months Report 2021: www.cenit.com/reports. 
About CENIT: 
CENIT is your partner for successful digital transformation. With a broad solutions and services portfolio, CENIT 
enables clients to optimize their horizontal and vertical business processes. Our solutions are based on innovative 
technologies in: product lifecycle management, the digital factory and enterprise information management. With 
interdisciplinary knowledge of the processes involved and their considerable expertise in the field, CENIT consultants 
provide customers with end-to-end advice to ensure that solutions are implemented with an understanding of the entire 
value chain. With a holistic approach and based on trusted partnerships, CENIT takes responsibility for solutions on 
behalf of our clients. From the initial consultation to the introduction of innovative IT solutions, right through to 
ensuring a cost-effective operation. The CENIT team adapts to each client, taking a practical approach, which enables 
measurable, operational optimizations. CENIT has been helping prestigious customers in key industries to gain 
competitive advantages for 30 years! CENIT has around 800 employees worldwide who work with customers from: automotive, 
aerospace, industrial equipment, tool and mold manufacturing, financial services, and trade and consumer products 
industries. 
Please send queries to: 
CENIT AG 
Tanja Marinovic 
Investor Relations 
Industriestrasse 52-54, D-70565 Stuttgart 
Tel.:+497117825-3320 
Fax:+49711782544-4320 
Email: aktie@cenit.de 
Additional Information: 
This press/ad hoc report may contain future-oriented statements regarding the business, financial and earnings 
situation of, as well as profit projections for, CENIT. Such future-oriented statements are characterized by terms or 
statements such as "the company may" or "the company will", "expects", "assumes", "is considering", "intends to", 
"plans", "believes", "will continue to" and/or "estimates", as well as similar terms and statements. Such statements 
contain no guarantee that the projections will in fact be achieved. Rather, such statements involve risks, 
imponderables and assumptions that are difficult to predict and, in addition, are based on assumptions as to future 
events which may prove to be incorrect. For this reason, actual events may diverge significantly from the assumptions 
contained in the respective statement. In a future-oriented statement by which CENIT expresses expectations or 
assumptions with regard to future events, these expectations or assumptions are made in good faith, and it shall be 
assumed that they are made upon an appropriate basis; however, it cannot be guaranteed that the said statements, 
expectations or assumptions shall indeed occur, or be attained or fulfilled. The actual operative result may diverge 
significantly from such future-oriented statements and is subject to certain risks. In this regard, please refer to the 
Business Report of CENIT AG. 
 
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2021-05-12 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 
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Language:     English 
Company:      CENIT AG 
              Industriestraße 52 - 54 
              70565 Stuttgart 
              Germany 
Phone:        +49 (0)711 78 25 - 30 
Fax:          +49 (0)711 78 25 - 4000 
E-mail:       aktie@cenit.de 
Internet:     www.cenit.com 
ISIN:         DE0005407100 
WKN:          540710 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1195249 
 
End of News   DGAP News Service 
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1195249 2021-05-12


 
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May 12, 2021 01:45 ET (05:45 GMT)