One Technologies:
Revenues in 2016 have grown by approximately 3.1%
to approximately NIS 1.31 billion; the net profit attributed to the
shareholders has amounted to approximately NIS 66.3
million
The revenues in the fourth quarter of 2016 have
grown to approximately NIS 380.2 million; the net profit in the
quarter has amounted to approximately NIS 19.2
million
The company's board of directors has approved the
distribution of a dividend at a sum of approximately NIS 12.6
million
Shai Uzon, CEO of the company: "In
the fourth quarter, we continued to show an increase in revenues.
The digital revolution and the movement of organizations to cloud
solutions create new opportunities for us to promote and execute
complex computing projects. This year we have invested in the
development of several solutions in the cloud, such as net suite,
service now, and additional cloud solutions. We believe that these
investments will continue to contribute to the company's growth in
2017 and in the years to come. The slight decline in the operating
profits arises from the company's activity abroad. Also, in 2017 we
will continue to act to locate purchase opportunities and new
growth engines in Israel and abroad which are suitable for the
company's expansion strategy and the increase of the solutions we
offer to our clients".
The One Technologies company, which is one of
the leading IT companies in Israel, concludes the fourth quarter
and the whole year 2016.
Data summary for the whole year
2016:
The company's revenues in 2016 have increased
by approximately 3.1% to approximately NIS 1.31 billion, compared
to approximately NIS 1.26 billion in the parallel period of the
previous year. The increase in revenues mostly arose from an
increase in the revenues of the software solutions and services
sector and of the computing solutions and infrastructure
sector.
The operating profit in 2016 amounted to
approximately NIS 90.1 million (approximately 6.9% of the
revenues), compared to NIS 92.9 million (approximately 7.3% of the
revenues) in the parallel period of the previous year. The
reduction mostly arises from a decrease in the profitability of a
subsidiary operating abroad.
The EBITDA in 2016 amounted to approximately
NIS 105.4 million, compared to approximately NIS 108.3 million in
the parallel period of 2015.
The net profit of the company in 2016 amounted
to approximately NIS 67.2 million (approximately NIS 66.3 million
is attributed to the shareholders), compared to approximately NIS
68.5 million (approximately NIS 66.2 million is attributed to the
shareholders) in the parallel period of the previous year.
The distribution of revenues and operating profit
according to the central activity sectors:
The revenues from the software solutions and services
sector increased in 2016 to approximately NIS 551.1
million, compared to approximately NIS 543.4 million in the
parallel period of the previous year. The increase partly stems
from the first consolidation of the Dicomano company. The
operating profit in this sector amounted to approximately
NIS 59.2 million, compared to approximately NIS 62.4 million in the
parallel period of the previous year. The reductions stems mostly
from a decrease in the profitability of a subsidiary operating
abroad.
The revenues from the computing and infrastructure
solutions increased in 2016 by approximately 7.2% to
approximately NIS 638.6 million, compared to approximately NIS
595.8 million in the parallel period of the previous year, this
being as a result of organic growth in the operations of this
sector. The operating profit in this sector
increased by approximately 5.9% to approximately NIS 29.7 million,
compared to approximately NIS 28.1 million in the parallel period
of the previous year.
The revenues from the managed services sector
increased in 2016 to approximately NIS 119.9 million, compared to
approximately NIS 119.1 million in the parallel period of the
previous year. The operating profit in this sector
amounted to approximately NIS 5.3 million, compared to
approximately NIS 6.9 million in the parallel period of the
previous year. The reduction in profitability in this sector stems
from a growth in operations vis-à-vis clients for whom the
profitability rate is lower than the average.
Data summary for the fourth quarter of
2016:
The company's revenues in the quarter have
increased by approximately 3.2% to approximately NIS 380.3 million,
compared to approximately NIS 368.2 million in the parallel quarter
of the previous year. The increase in revenues stemmed mostly from
an increase in the revenues of the software solutions and services
sector and of the computing solutions and infrastructure
sector.
The operating profit in the quarter amounted to
approximately NIS 28.3 million (approximately 7.5% of the
revenues), compared to approximately NIS 29.3 million
(approximately 7.9% of the revenues) in the parallel quarter of the
previous year. The reduction partly stems from a decrease in the
profitability of a subsidiary of the company, which operates
abroad.
The EBITDA in the quarter amounted to
approximately NIS 31.9 million, compared to approximately NIS 33.3
million in the parallel quarter of the previous year.
The net profit of the company in the quarter
amounted to approximately NIS 19.2 million (approximately NIS 19.1
million is attributed to the shareholders), compared to
approximately NIS 19.5 million (approximately NIS 19.2 million is
attributed to the shareholders) in the parallel quarter of the
previous year.
The company's balance sheet indicates that the scope of
cash and short-term financial assets in
the company's possession, as of December 31st, 2016,
amounted to approximately NIS 133.4 million.
The company's equity, as of December
31st, 2016, increased by 9.5% to approximately NIS 260.4
million, this being after the distribution of a dividend at the sum
of approximately NIS 44 million during 2016.
Concurrently with the publication of the reports, the
company's board of directors approved the distribution of a
dividend at a sum of approximately NIS 12.6 million.
Additional events during the
quarter:
- In March of 2017, the company purchased the
balance of the automation company's shares for a consideration of
approximately NIS 18.8 million. After the purchase is completed,
One Technologies will hold 100% of the automation company's
foundation stock.
- In February of 2017, the company completed the
purchase transaction of 50.5% of the issued and paid-up capital of
the Shohar Solutions Ltd. company.
- In February of 2017, the company signed,
together with the Niram Gitan Group (NGG), a strategic agreement
for cooperation in the sale, consultation and implementation of
success factors in the Israeli market.
- In January of 2017, the company completed the
purchase transaction of 80% of the issued and paid-up capital of
Nibit Communication & Computers Ltd. for a consideration of
approximately NIS 15 million.
One Software Technologies is one of the
market's leading IT companies. The company provides end-to-end
computing solutions, One1 Home for IT, for over 1,500 clients in
the various market sectors: telecom, industry, high-tech, banking
and finances, insurance, retail, commerce, et cetera. The company
employs over 3,000 professional employees in Israel and abroad. The
company acts on the basis of a client-oriented strategy and
provides a full basket of computing solutions, under one roof; from
hardware infrastructures and advanced storage systems to complex
software solutions and projects. The company also acts in the field
of marketing hardware products and computer systems, as well as in
the supply of an ensemble of managed services in the field of
computing to organizations. The company's stock is included in the
TA Yeter 50 index. The company's chairman is Mr. Adi Eyal, and the
company's CEO is Mr. Shai Uzon.