1.11.2007 | Czech Republic

S&T CZ earned 637 million Czech crowns in this year already

Company revenue increased by 26% compared to the last year. The rapid growth was induced primarily by delivered solutions and services. Company information systems and IT infrastructure are expected to become main growth drivers in the next period.
S&T CZ, a Czech system integrator fully owned by the international S&T AG group, achieved in this year revenue of 637 million Czech crowns (CZK, in January to September period). This value represents 26% year-to-year revenue increase.

S&T CZ so recorded its best Q3 result in history - similarly as the whole S&T AG group.

"Especially our orders from Solutions and Services area are behind this growing revenue. All other monitored indicators were above their planned values as well. As usually, we now expect further growth in Q4, primarily because of IT infrastructure orders," commented the rapid company growth Jiri Kostal, Managing Director in S&T CZ.

The mother company S&T AG, based in Vienna and owning 100% share of S&T CZ, marked in this year the revenue of 9,48 billion CZK (331,5 million EUR). Almost one half of this figure (49,3 %) was gained from orders in Managed Services area, i.e. company solutions and IT support.

NOTE: CZK rate by Czech National Bank, 26.10.2007
For more information ask, please:
Jan Hlavac
Media Assistant of S&T CZ

Tel.: +420 777 076 760
E-mail


Otta Matousek
Marketing Director S&T CZ

Tel.: +420 296 538 812E-mail