T-Systems Significantly Increases Order Entry in the Fourth Quarter
BONN and FRANKFURT, Germany, February 28, 2013
BONN and FRANKFURT, Germany, February 28, 2013 /PRNewswire/ --
*Growing overall revenues andexternal businessdespite the global
*Rising adjusted EBIT and adjusted EBIT margin.
*Expanding number of cloud contracts.
In the 2012 financial year, T-Systems recorded order entry of EUR8.7 billion,
up some 18percent year-on-year. This encouraging development was driven by
major contracts in the fourth quarter with oil company Shell and the state of
Lower Saxony. The extension of the contract with Shell for another five years
in particular shows that T-Systems has further improved its position in the
strategically important market for cloud services.
Despite persistent price pressure, external revenue was up 0.6percent
year-on-year at EUR6.6 billion. Total revenue also increased by 0.6percent
to EUR10 billion. This increase is due to strong international revenue, which
rose by some 6percent compared with 2011 to EUR3.2 billion. The company is
successfully counteracting the ongoing price pressure in the industry with
cost-cutting and efficiency measures and improved its adjusted EBIT margin
steadily over the course of the year to 2.4percent in the fourth quarter of
T-Systems once again recorded significant successes in the area of intelligent
networks in 2012, such as the major contract from Presbyterian, an operator of
hospitals in the United States. In addition to IT services from the cloud, the
contract covers the joint development of new e-health applications in the
future. In the growth area of the connected car, automotive group Daimler is
working with Deutsche Telekom to provide in-car online services. Deutsche
Telekom developed the communications infrastructure for the multimedia system
Command Online in Mercedes Benz vehicles. This will allow the driver and
passengers to use applications via the Internet while in the vehicle,
including real-time traffic information, mobility services, personal radio,
and access to social networks.
Systems Solutions operating segment*:
Q4 2012 Q4 2011 FY 2012 FY 2011
millions millions millions millions
of EUR of EUR % of EUR of EUR %
Total revenue 2,829 2,694 5.0 10,016 9,953 0.6
Net revenue 1,771 1,726 2.6 6,609 6,567 0.6
Order entry 3,622 1,928 87.9 8,737 7,396 18.1
EBIT (60) (62) 3.2 (299) (290) (3.1)
Adjusted EBIT 67 54 24.1 110 23 n.a.
margin 2.4% 2.0% 0.4p 1.1% 0.2% 0.9p
EBITDA 125 114 9.6 350 379 (7.7)
Adjusted EBITDA 240 220 9.1 747 672 11.2
margin 8.5% 8.2% (0.3p) 7.5% 6.8% 0.7p
(average) 52,991 52,213 1.5 52,742 52,241 1.0
Comment on the table:
As of July1, 2012, Deutsche Telekom reorganized the Group's IT infrastructure
and pooled the existing units from the Germany operating segment and Group
Headquarters & Shared Services into the Systems Solution operating segment as
the new Telekom IT unit. The prior-year figures have been adjusted for better
This media release contains forward-looking statements that reflect the
current views of Deutsche Telekom management with respect to future events.
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expected development of revenue, earnings, profits from operations,
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