Corporate | 19 March 2015 08:00
DGAP-News: telegate AG / Key word(s): Final Results
2015-03-19 / 08:00
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* EBITDA before non-recurring effects at EUR 9.4 million
* In digital segment the contract termination rate decreased by 8
percent
* Further expansion of product portfolio
Munich / Planegg, 19 March 2015 - telegate AG today announced that it
generated an EBITDA before non-recurring effects of EUR 9.4 million (2013:
EUR 12 million) in the past financial year 2014. With this result the
company fully met the guidance of EUR 7 to 9 million, announced at the
beginning of 2014. The EBITDA before non-recurring effects includes an
amount of EUR 1.1 million caused by a different valuation of the digital
segment's website production in the balance sheet. The revenues at group
level added up to EUR 62.3 million (2013: EUR 72.3 million), whereas the
digital business accounted for EUR 34.6 million (2013: EUR 35.3 million)
and the directory assistance business (11 88 0*) at EUR 27.7 million (2013:
EUR 37 million). "In 2014, we internally laid important foundations for
further growth from which we will benefit in the future. One first success
was the contract termination rate's decrease by 8 percent. This year we
will invest in a further expansion of our product portfolio in order to
achieve a two-digit growth rate for revenues 2016 in the digital business
segment", said Franz Peter Weber, telegate's Spokesman of the Board.
For the expansion of its product portfolio which focuses on small and
medium-sized enterprises (SME), telegate also relies on the marketing
offers of the Internet giants Google and Facebook. "Our in-depth experience
in the German market combined with Google's and Facebook's enormous online
coverage makes our product range a perfect match for German SME's. In the
next weeks we will offer new attractive products especially for company
founders, in order to lower the threshold for this target group", said
Franz Peter Weber.
telegate's annual report 2014 can be downloaded at:
http://www.telegate.com/investor-relations/english/reports.html
Contact:
Anja Meyer
telegate AG
Tel.: 089/ 8954-1188
Fax: 089/ 8954-1189
E-Mail: anja.meyer@telegate.com
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Language: English
Company: telegate AG
Fraunhofer Str. 12a
82152 Planegg-Martinsried
Germany
Phone: +49 089 - 89 54 0
Fax: +49 089 - 89 54 10 10
E-mail: info@telegate.de
Internet: www.telegate.com
ISIN: DE0005118806
WKN: 511880
Indices: Prime All Share
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
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