Corporate | 24 March 2011 22:00
|
Drillisch AG / Key word(s): Final Results/Dividend
Drillisch AG reports Final 2010 Report (IFRS) Maintal, 24 March 2011 – In 2010, the wireless services provider Drillisch (ISN DE 0005545503) has, the unbroken success of past years successfully continued and exceeded the given targets. With 2.431 million subscribers (2009: 2.250 million), consolidated turnover in fiscal year 2010 reached EUR362.5 million and was 5.2% higher than the previous year's mark (2009: EUR344.5m). The ratio of prepaid to postpaid subscribers improved further to 51% to 49% (2009: 56% to 44%). The positive development of turnover in fiscal year 2010 continued in the final quarter of the year. In the fourth quarter, revenues rose by 8.9% or EUR8.3 million to EUR100.7 million (Q4-2009: EUR92.4m). In comparison with the third quarter 2010, turnover rose by EUR15.9 million or 18.7% (Q3-2009: EUR84.8m). Gross profit came to EUR88.4 million at the end of the year, an improvement over the previous year (2009: EUR80.9m) of 9.3% or EUR7.5 million. The gross profit margin improved by 0.9% to 24.4% (2009: 23.5%). The consolidated EBITDA, adjusted for extraordinary expenditures and income, rose by 13.2% or EUR5.8 million to EUR49.3 million (2009: EUR43.5m). The consolidated profit declined, primarily as a consequence of the non liquidity related attribution of the previous year on our holding in freenet, by EUR70.2 million (2009: EUR101.2m) to EUR31.0 million, and profit per share came to EUR0.58 (2009: EUR1.98). Owing to the continued high level of operating cash flow of 40.8 million Euro, the net financing liabilities were reduced by 44.2% to EUR29.3 million (2009: EUR52.6m). Interest results improved by EUR1.5 million to -EUR1.2 million (previous year: -EUR2.7 million). Cash rose by EUR0.7 million to EUR27.6 million (previous year: EUR26.9 million). The management board and the supervisory board propose to the general meeting on May 27, 2011 a dividend of EUR0.50 per share.
Outlook 2011
Dividend forecast
Drillisch Group Figures Based on IFRS
The Annual Report will be published on 25 March on the Internet; log on to:
Maintal, 24 March 2011 Drillisch AG The Management Board
End of Corporate News 24.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | 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 |
|
|
| 116962 24.03.2011 |