Ad-hoc | 1 August 2012 12:08
Drillisch AG / Key word(s): Preliminary Results/Half Year Results 01.08.2012 12:08 Dissemination 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. --------------------------------------------------------------------------- Drillisch AG: Best first half-year result in history: Revenue +4.5% to EUR167.6m (H1-2011: EUR160.4m); EBITDA +29.3% to EUR33.2m (H1-2011: EUR25.7m); Postpaid Subs +21.0% to 1,582m (H1-2011: 1,316m) Maintal, 01 August 2012 - Again, Drillisch AG (ISIN DE 0005545503) improved all of the important key figures, according to the preliminary numbers - service revenues and EBITDA in the first six months of fiscal 0212. Dynamic sales development Revenues improved in H1-2012 by 4.5 percent to 167.6 million Euro (H1-2011: EUR160.4m). The economically more important 'Service Revenues' - essentially the income from the provisions of the ongoing wireless services on the basis of the customer relationship - increased on a higher pace by 6.2 percent to 155.0 million Euro (H1-2011: EUR145.9m). EBITDA again exceeded last year's record results With an increase of 29.3 percent to 33.2 million Euro (H1-2011: EUR25.7m), EBITDA reached again a new record. EBITDA-Margin improved by 3.8 percentage points and came to 19.8 percent (H1-2011: EBITDA-Margin 16.0%). The dynamic in EBITDA growth increased during the second quarter 2012. While EBITDA in Q1-2012 increased by 18.5 percent compared with the previous years' quarter, EBITDA in the second quarter of 2012 increased by 39.6 percent to 18.4 million Euro (Q2-1011: EUR13.2m). EBITDA-Margin increased by 5.6 percentage points to 22.1 percent (Q2-2011: 16.5%). Subscriber growth +21.0% in postpaid Postpaid subscribers increased by 21.0% to 1,592 million subscribers. With the planned cleanup and the sale of prepaid subscribers, the total subscribers amounted to 1,866 million (H1-2011: 2,501m) Guidance With the preliminary half year numbers and the positive development in July as well, we are confirming our already increased EBITDA guidance of 60 to 61 million Euro. (2011: EUR52.6m) for 2012. For FY 2013, we are expecting according to our actual planning, a further increase in EBITDA by ca. 10% to 15% to then 67 to 70 million Euro. Despite of upcoming investments related to the MVNO model, the management board is confident, - subject to the approval of the supervisory board - that for the upcoming general meeting a dividend proposal of 0.70 Euro per share is possible, at least. The Drillisch Group at a glance (preliminary, unaudited figures)in million Euro 30.06.2012 30.06.2011 change in % Sales 167.6 160.4 +4.5% Service Revenues 155.0 145.9 +6.2% EBITDA 33.2 25.7 +29.3% EBITDA-Margin in % 19.8% 16.0% +3.8 percentage points Subscribers (in 1,866 2,501 -25.4% thousands) thereof postpaid 1,592 1,316 +21.0% thereof prepaid 0,274 1,185 -76.9%in million Euro Q2-2012 Q2-2011 change in % Sales 83.4 80.1 +4.2% Service Revenues 79.6 73.5 +8.3% EBITDA 18.4 13.2 +39.6% EBITDA-Margin in % 22.1% 16.5% +5.6 percentage pointsThe complete report is available for download in the course of 10 August 2012. http://www.drillisch.de/index.php?page=reports&group=investor-e:reports Maintal, 01 August 2012 Drillisch AG Executive Board Contact: Oliver Keil Head of Investor Relations Mail: ir@drillisch.de 01.08.2012 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 Germany 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 Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------