DGAP-News: secunet Security Networks AG / Key word(s): Annual Results/Annual Report 
secunet Security Networks AG achieves record results once again in financial year 2020 and increases dividend 
2021-03-19 / 08:00 
The issuer is solely responsible for the content of this announcement. 
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secunet Security Networks AG achieves record results once again in financial year 2020 and increases dividend 
- Sales revenues up 26% to 285.6 million euros (previous year: 226.9 million euros) 
- EBIT increases by 56% to 51.6 million euros (previous year: 33.2 million euros) 
- Proposed dividend of 2.54 euros per share (previous year: 1.56 euros) 
- Outlook for 2021 confirmed - sales revenues of around 260 million euros, EBIT of around 38 million euros 
[Essen, 19 March 2021] secunet Security Networks AG (ISIN DE0007276503, WKN 727650) publishes the audited and certified 
annual financial statements and the annual report today for the 2020 financial year. Despite the very challenging 
environment, secunet Group once again closed the past financial year with excellent results. 
In the 2020 financial year, the sales revenues of secunet Group increased by 58.7 million euros, or 26%, from 226.9 
million euros in the previous year to 285.6 million euros. The strong growth in sales is largely attributable to the 
increased sales revenues from products and solutions of the SINA product family: in response to changes in the 
organisation of work as a result of the coronavirus pandemic, German authorities have accelerated the procurement of 
secure mobile workstations necessary for working in a mobile office. 
Mainly on account of the special effect related to the coronavirus pandemic, sales in the Public Sector division - 
whose products and services are geared towards public clients within and outside Germany, as well as international 
organisations - rose by 40% from 169.8 million euros in the previous year to 237.1 million euros. The proportion of 
secunet Group's sales revenue which was attributable to the Public Sector division in the 2020 financial year was thus 
83% (previous year: 75%). 
The Business Sector division - which addresses its range of products and services towards companies in the private and 
healthcare sectors - generated sales revenues of 48.5 million euros in the 2020 financial year after 57.1 million euros 
in the previous year. In 2019, sales revenues were mainly influenced by the rollout of the secunet healthcare connector 
to medical practices in Germany. As expected, this one-off effect did not apply in 2020. The major share of the 
division's sales revenues for 2020 was achieved in the second half of the year (36.1 million euros). Due to the decline 
in the division's revenues, its share of the Group's revenues also fell from 25% in the previous year to 17% in the 
2020 financial year. 
The earnings before interest and taxes (EBIT) of secunet Group increased by 56% compared to the previous year, rising 
from 33.2 million euros to 51.6 million euros. This improvement in EBIT resulted primarily from increased sales 
revenues in the product business in the Public Sector division. 
The Company thus achieved historic record results for the seventh consecutive year in terms of both revenue and EBIT. 
secunet Group generated consolidated net income of 35.0 million euros in the 2020 financial year, corresponding to an 
increase of 12.8 million euros, or 58%, on the previous year (22.2 million euros). Diluted and undiluted earnings per 
share in 2020 stood at 5.43 euros, compared with 3.44 euros in the previous year. 
Net income of secunet Security Networks AG increased from 20.2 million euros in 2019 to 32.8 million euros in 2020. The 
shareholders of secunet AG are also participating in this positive development: the Management Board and Supervisory 
Board will propose to the Annual General Meeting to be held on 12 May 2021 that 16.4 million euros be distributed to 
the shareholders through payment of a dividend of 2.54 euros per dividend-bearing share. This corresponds to 50% of net 
income for the year, an increase of 63% on the previous year (previous year: 1.56 euros per dividend-bearing share). 
As at the end of December 2020, the order book of 149.5 million euros was at a higher level than in the previous year 
(78.5 million euros). 
"The past financial year 2020 presented us all with major challenges. Nevertheless, secunet Group once again closed the 
past financial year with excellent results. We are allowing our shareholders to share substantially in this positive 
development," says Axel Deininger, CEO of secunet Security Networks AG. "At the beginning of 2021, secunet has an 
excellent market standing and is well positioned for further, sustained growth." 
The excellent business results achieved in the 2020 financial year are primarily attributable to one-off effects due to 
the extraordinary economic situation in the public sector. For the current 2021 financial year, such effects are not 
foreseeable at present. Therefore, on 3 November 2020, the Management Board of the Company already confirmed its 
forecast for secunet Group for the 2021 financial year. Sales revenues are still expected to reach around 260 million 
euros and earnings before interest and taxes (EBIT) around 38 million euros. 
The Annual Report 2020 is available for you to download at www.secunet.com. Next financial date: 24 March 2021, 
analysts' conference 
 
Contact 
Dr Kay Rathke 
Head of Investor Relations 
Patrick Franitza 
Press Spokesman 
secunet Security Networks AG 
Kurfürstenstrasse 58 
45138 Essen, Germany 
Phone: +49 201 5454 1234 
Fax: +49 201 5454 1235 
e-mail: presse@secunet.com 
http://www.secunet.com 
secunet - protection for digital infrastructures 
secunet is Germany's leading cybersecurity company. In an increasingly connected world, the Company's combination of 
products and consulting assures resilient digital infrastructures and the utmost protection for data, applications and 
digital identities. secunet specialises in fields with particular requirements in terms of security - such as cloud, 
IIoT, eGovernment and eHealth. With security solutions from secunet, companies can maintain the highest security 
standards in digitalisation projects and thus expedite their digital transformation. 
Over 700 experts strengthen the digital sovereignty of governments, businesses and society. secunet's customers include 
federal ministries, more than 20 DAX-listed corporations as well as other national and international organisations. The 
Company was founded in 1997. It is listed in the Prime Standard segment of the Frankfurt Stock Exchange and achieved 
revenues of 285.6 million euros in 2020. 
secunet is an IT security partner to the Federal Republic of Germany and a partner of the German Alliance for Cyber 
Security. 
Further information can be found at www.secunet.com. 
Disclaimer 
This press release contains predictive statements. Predictive statements are statements that do not describe facts of 
the past; they also include statements regarding our assumptions and expectations. Any statement in this press release 
that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is 
a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to 
the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they 
were made. We assume no obligation to update such statements with regard to new information or future events. 
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2021-03-19 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:      secunet Security Networks AG 
              Kurfürstenstr. 58 
              45138 Essen 
              Germany 
Phone:        +49 (0)201 - 5454 - 1227 
Fax:          +49 (0)201 - 5454 - 1228 
E-mail:       investor.relations@secunet.com 
Internet:     www.secunet.com 
ISIN:         DE0007276503 
WKN:          727650 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1176782 
 
End of News   DGAP News Service 
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1176782 2021-03-19

(END) Dow Jones Newswires

March 19, 2021 03:02 ET (07:02 GMT)