CENIT AG reports Q3 EBIT of 2.2 million euros on sales of 154.2 million euros
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CENIT AG reported Q3 EBIT of 2.2 million euros, with sales of 154.2 million euros for the nine-month period, reflecting a 1.8% increase year-over-year. Third-party software sales fell by 1.8%, while CENIT's own software sales rose by 3.8%. Consulting and services sales grew by 5.7%. Despite a gross profit increase of 4.6%, EBITDA dropped by 45.7%, and EBIT was -1.5 million euros due to one-off expenses and acquisition losses. The equity ratio stood at 27.5%, with 914 employees.
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