Ad-hoc | 29 April 2014 12:39
ALLGEIER SE / Key word(s): Final Results/Dividend
29.04.2014 12:39
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, 28 April 2014 - In its meeting on 28 April 2014, the Supervisory
Board of Allgeier SE (ISIN DE0005086300, WKN 508630) ratified the audited
financial statements of Allgeier SE at company and at Group level for the
financial year 2013. The annual financial statements are thereby adopted.
The final consolidated figures largely correspond to the preliminary
figures announced in the ad-hoc release dated 18 March 2014.
Development of revenue and profit pursuant to IFRS
Allgeier SE reported further growth in the financial year 2013 (1 January
2013 to 31 December 2013). The Group intends to divest part of its
business, a decision reflected as discontinued operations in the annual
financial statements prepared in accordance with IFRS.
Consolidated revenues in 2013 from continuing and discontinued operations
under IFRS rose to EUR 477.6 million (previous year: EUR 422.8 million),
which corresponds to growth of 13 percent. Group EBITDA from continuing and
discontinued operations climbed by 28 percent to EUR 30.1 million (previous
year: EUR 23.5 million). Group EBIT (earnings before interest and tax) from
continuing and discontinued operations soared by 61 percent to EUR 15.6
million (previous year: EUR 9.7 million). Net of interest, the Group
achieved earnings before tax from continuing and discontinued business of
EUR 11.4 million (previous year: EUR 6.7 million). Including the result of
EUR -0.3 million from operations already divested (previous year: EUR 5.1
million), the Group reported an after-tax profit of EUR 3.7 million for the
period under review (previous year: EUR 9.2 million). Revenue from
continuing operations stood at EUR 421.3 million in the financial year
ended (previous year: EUR 374.8 million). EBITDA from continuing operations
posted EUR 27.9 million during the period under review (previous year: EUR
23.3 million).
Earnings per share from continuing and discontinued operations therefore
stood at EUR 0.42 in the reporting year (previous year: EUR 1.05). Earnings
per share from continuing and discontinued operations adjusted for
depreciation and amortisation from acquisition activities and other
extraordinary effects came in at EUR 1.63 (previous year: EUR 1.91).
Key balance sheet figures
Equity had risen to EUR 94.7 million by 31 December 2013 (previous year:
EUR 93.4 million). As of 31 December 2013, the Allgeier Group had cash and
cash equivalents of EUR 46.7 million (excluding discontinued operations) at
its disposal (previous year: EUR 38.9 million). Current and non-current
financial liabilities rose marginally to EUR 75.5 million as of the
reporting date (previous year: EUR 73.8 million). The balance sheet total
amounted to EUR 289.3 million (previous year: EUR 289.6 million).
Application of unappropriated retained earnings
The Management and Supervisory boards have passed a resolution today, April
28, 2014, to put forward a proposal to the Annual General Meeting
concerning the distribution of dividend of EUR 0.50 per share from the
unappropriated retained earnings of EUR 27,381,862.33 as reported in the
financial statements of Allgeier SE as at 31 December 2013. The remaining
retained earnings are to be carried forward to new account.
The figures for 2012 have been adjusted accordingly to take account of IFRS
amendments. The Annual Report 2013 will be issued on 30 April 2014 and can
be viewed on the company's website at www.allgeier.com.
Contact:
Allgeier SE
Allgeier SE
Dr. Christopher Große
Wehrlestraße 12
81679 Munich, Germany
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 IT 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 90 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 revenue of EUR 478 million in 2013. 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.
29.04.2014 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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