04/26/2013

ALLGEIER SE / Key word(s): Forecast/Strategic Company Decision

26.04.2013 14:26

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.

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Munich, April 26, 2013 – The Management Board of Allgeier SE (ISIN
DE0005086300, WKN 508630) has lent specific form to the reorientation of
the Allgeier Group in its Agenda 2015, which sets targets for the years
2013 to 2015. This reorientation was launched intensively in 2012.

Agenda 2015 reflects two guiding ideas:

1. The creation of a Group structure which is viable for the future, and
which comprises divisions as major corporate units

2. A clear focus of the business model on high-growth areas offering
above-average development potential

In applying these ideas, the Allgeier Group will be split into the
following operating segments and divisions in the future:

Experts Segment and at the same time the Allgeier Experts Division:
The core business is the provision of modern flexible personnel services as
a response to the growing shortages of IT specialists on the market. Acting
as a connection between customers with their flexible requirements and
employees and freelance IT experts with their specific know-how, Allgeier
Experts utilizes existing contract models to offer an important function
and to create value in a modern economy. Generating significantly more than
EUR 200 million of revenue, Allgeier Experts ranks as one of the
market-leaders in Germany. Growth expectations are positive for this
segment, lying in the low double-digit percentage range per annum, and
accompanied by realistic profit margins of around 7 percent.

Solutions/Business Software Segment:
This segment is split into the Allgeier Business Software and terna
divisions. The Business Software Division is a provider of proprietary
solutions in the ERP and DMS area, as well as Security Software. The
product range in the ERP area also comprises the partnership with Microsoft
with its own software solutions for MS Dynamics NAV customers. The terna
Division is a Microsoft partner in the MS Dynamics AX area fielding its own
software solutions and highly-specialized know-how for corporate processes.
Generating approximately EUR 100 million of revenue, the Management Board
believes that this segment offers the potential to achieve a double-digit
percentage annual growth rate and a double-digit profit margin given
corresponding investments.

Software Development Segment:
This segment is split into the Nagarro and mgm technology partners
divisions. The Nagarro Division develops individual international software
solutions to support and optimize its customers’ corporate processes. Under
the motto of ‘The Brightest Minds’, this division combines the performance
capability of international top-qualified personnel resources and
outstanding process and project know-how with the highest quality levels in
competitive price models. The mgm technology partners Division is a
specialist for portal solutions, especially for internet commerce, banks,
insurance companies and public-sector institutions with highly specialized
know-how for the respective corporate processes and highly-complex
technical requirements. Currently generating almost EUR 100 million of
revenue, the Management Board believes that this segment possesses
considerable growth potential, which can make a positive contribution to
Group growth with both significantly double-digit percentage revenue growth
rates and marked double-digit profit margins.

The Management Board expects that this approach will generate significantly
double-digit percentage growth rates in terms of revenue and marked margin
and earnings improvements for the entire Group, which should feed through
to a total operating margin before holding company costs that moves
markedly towards the double-digit percentage range.

With the aforementioned measures to focus the Group, the Management Board
is responding not only to current market trends entailing considerable
differences in the potential offered by the various IT business areas, but
also to the Group’s internal further development to the next level of
meaningful integration. The aim is to create a high-performance IT company
with modern structures and an agile service portfolio which undergoes
constant testing that allows it to be further developed and adjusted. In
this context, the business model also continues to include value-creating
acquisitions to develop the divisions on a targeted basis, and to
accelerate their growth.

Contact:
Allgeier SE
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 ranks as 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. Six operating divisions, each with their individual
specialist or sector-related focal points, work together in the three
segments of Solutions/Business Software, Experts and Software Development
for more than 2,000 customers from almost all sectors. With more than 4,200
salaried employees and over 1,500 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 intelligent IT. This high-growth company 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 EUR
423 million of revenue in 2012. The company is listed on the Regulated
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.

26.04.2013 DGAP’s Distribution Services include Regulatory Announcements,
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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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