Ad-hoc | 12 May 2009 17:20
Drillisch AG / Quarter Results/Forecast Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Maintal, 12 May 2009 - Wireless services provider Drillisch AG (ISIN DE 0005545503) starts fiscal year 2009 with good profit growth. The growth trend of all of the company's key indicators of sustainable success, such as gross profit. adjusted EBITDA and consolidated profit, is positive. As such, we have once again improved the quality of our results from operations in difficult market conditions. Compared with the first quarter 2008, we have increased the number of wireless services subscribers by 3.3 percent, from 2.236 million to 2.310 million. Gross profit improved to EUR17.7 million (Q1 2008: EUR17.6 million), in spite of an eight percent decline in turnover to EUR77.8 million (previous year: EUR84.6 million), which was caused by declining prices and comparatively weak sales of low-margin prepaid bundles. The gross profit margin improved by 1.9 percentage points to 22.7 percent (Q1 2008: 20.8 percent). Year on year, adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) improved by 3.7 percent to EUR9.9 million. Consolidated net income increased disproportionately by 51.7 percent to EUR8.8 million (Q1 2008: EUR5.8 million). Guidance for fiscal year 2009: EBITDA: ~EUR41-42 million Drillisch Group: Key figures for the 1st quarter 2009In million EUR Q1 2009* Q1 2008 Turnover 77.8 84.6 EBITDA 9.7 9.5 EBITDA margin (in %) 12.5% 11.3% EBITDA (adjusted) 9.9 9.5 EBITDA (adjusted) margin (in %) 12.7% 11.3% EBIT 8.0 8.0 EBIT margin (in %) 10.3% 9.4% EBT 9.1 8.0 EBT margin (in %) 11.7% 9.4% Group profit 8.8 5.8 Cash flow from current business operations 1.1 8.0 Earnings per share (in EUR) 0.18 0.11 Wireless services customers (millions) 2.310 2.236 Employees 359 351* The figures for Q1 2009 include 1 month's figures from eteleon e-solutions AG, the subsidiary that was acquired in March 2009 The complete quarterly report can be downloaded from the company's website on Wednesday. http://www.drillisch.de/index.php?page=berichte&group=investor:berichte Maintal, 12 May 2009 Drillisch AG The Management Board Contact: Oliver Keil Head of Investor Relations Mail: ir@drillisch.de 12.05.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Drillisch AG Wilhelm-Röntgen-Straße 1-5 63477 Maintal Deutschland Phone: +49 (0)6181 412 200 Fax: +49 (0)6181 412 183 E-mail: ir@drillisch.de Internet: www.drillisch.de ISIN: DE0005545503 WKN: 554550 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------