Ad-hoc | 18 March 2014 14:40
ALLGEIER SE / Key word(s): Preliminary Results
18.03.2014 14:40
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Munich, March 18, 2014 - Allgeier SE (ISIN DE0005086300/WKN 508630) once
again reports growth in its 2013 financial year (January 1, 2013 to
December 31, 2013), according to preliminary results. Due to the Group's
decision to divest a part of the business this part of the Group will be
indicated as discontinued operation according IFRS in the Annual Financial
Report.
Preliminary IFRS consolidated revenue resulting from continued and
discontinued operations was up to EUR 477.6 million (previous year: EUR
422.8 million), representing 13 percent growth. Preliminary consolidated
EBITDA resulting from continued and discontinued operations grew 27 percent
to EUR 30.0 million (previous year: EUR 23.5 million). Preliminary
consolidated EBIT (earnings before interest and tax) resulting from
continued and discontinued operations increased by 60 percent to EUR 15.5
million in comparison to the preceding year (previous year: EUR 9.7
million). The Group generated EUR 11.1 million of earnings before tax
resulting from continued and discontinued operations (previous year: EUR
11.9 million). After deducting all taxes on income, the Group achieved EUR
3.6 million of preliminary net income resulting from continued and
discontinued operations before deduction of minority interest (previous
year: EUR 9.2 million). The continued operations of the Group achieved a
consolidated revenue of EUR 421.3 million (previous year: EUR 374.8
million) and an EBITDA of EUR 27.9 million (previous year: EUR 23.3
million).
Preliminary earnings per share (EPS) resulting from continued and
discontinued operations are EUR 0.42 in the reporting year (previous year:
1.05 EUR). Preliminary earnings per share after adjusting for amortization
related to acquisition activity and other extraordinary items resulting
from continued and discontinued operations are EUR 1.62 (previous year: EUR
1.90).
Equity increased to EUR 94.7 million as of December 31, 2013 (previous
year: EUR 93.4 million). The Allgeier Group excluding the discontinued
operation reported EUR 46.4 million of liquid assets at its disposal as of
December 31, 2013 (previous year: EUR 38.9 million). Current and
non-current finance debt increased to EUR 75.3 million as of the balance
sheet date (previous year: EUR 73.8). Total assets amount to EUR 289.5
million (previous year: EUR 289.6 million).
The results for the previous year have been restated due to amendments of
IFRS. All of the IFRS figures referred to are preliminary, and have not yet
been finally audited. Publication of the Allgeier Annual Report 2013 is
planned for April 30, 2014.
Contact:
Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Wehrlestraße 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com
Allgeier SE is one of the leading IT companies for Business Performance
today: Allgeier combines the advantages of an international provider with
the merits of medium-sized companies with a growth strategy oriented
consistently to innovations and future trends, and an integrative business
model. Operating divisions, each with their individual specialist or
sector-related focal points, work together for more than 2,000 customers
from almost all sectors. With more than 4,600 salaried employees and over
1,300 freelance experts, Allgeier, as a one-stop shop, offers customers a
comprehensive portfolio of solutions and services. Allgeier's customers
include globally operating groups as well as innovative medium-sized
operations that wish to secure strategic advantages through high-performing
IT solutions, intelligent software and flexible personnel services. This
high-growth company, which is based in Munich, Germany, operates at more
than 100 sites in the German-speaking region, and at further locations in
the rest of Europe, as well as in India, Mexico and the USA. Allgeier
generated EUR 423 million of revenue in 2012. Allgeier SE was ranked first
in the Lünendonk(R) List 2013 of "Leading German medium-sized IT consulting
and system integration companies". The Allgeier Experts Division ranks
among the top three IT personnel service-providers in Germany according to
the Lünendonk(R) 2013 market segment study "The market for recruiting,
mediating and managing IT freelancers in Germany". The company is listed on
the regular market of the Frankfurt Stock Exchange in the General Standard
segment (WKN 508630/ISIN DE0005086300). Further information is available on
the company's website at: www.allgeier.com.
18.03.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: ALLGEIER SE
Wehrlestraße 12
81679 München
Germany
Phone: +49 (0) 89 - 99 84 21 0
Fax: +49 (0) 89 - 99 84 21 11
E-mail: info@allgeier.com
Internet: http://www.allgeier.com
ISIN: DE0005086300
WKN: 508630
Indices: CDAX
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of Announcement DGAP News-Service
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