secunet Security Networks AG announced earnings results for the first quarter of 2020. The company reported lower results for the secunet Group both in terms of sales EUR 32.6 million and earnings before interest and taxes of EUR 0.0 million than in the corresponding quarter of the previous fiscal year 2019 sales of EUR 40.4 million and EBIT of EUR 2.4 million.

In particular against the background of the high level of orders on hand, the Management Board confirms its forecast for the 2020 fiscal year published with the 2019 annual financial statements on 30 March 2020. Subject to the further development of the COVID 19 pandemic, a slight decline in sales revenues is expected to continue and, accordingly, EBIT for the secunet Group is expected to be slightly below the previous year.