Investor Relations
DGAP-Adhoc: Allgeier SE: Allgeier reports double-digit growth in aggregate output and earnings in Q3 2015

11/04/2015

ALLGEIER SE  / Key word(s): 9-month figures

04.11.2015 12:05

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Munich, 03 November2015 - Provisional figures show that Allgeier SE (ISIN
DE0005086300, WKN 508630) recorded double-digit growth in aggregate output
from continued operations in the first nine months of financial year 2015
(01 January - 30 September 2015). Having achieved clear double-digit growth
in earnings in the third quarter of 2015, Allgeier also posted an increase
of similar magnitude in operating profits before taking exceptional items
and other-period effects in the first nine months into account.

Business developments in Q3 2015

In the third quarter of 2015 (01 July 2015 - 30 September 2015) the Group
again recorded substantial growth in sales and earnings. Aggregate output
provisionally climbed 17.3 percent relative to the same period last year to
stand at EUR 130.6 million (output from operations continued from last
year: EUR 111.3 million). Operating EBITDA, again provisionally, (before
exceptional items and other-period effects) for the third quarter came in
at EUR 10.6 million, up by 32.5 percent over the previous year's result
(operations continued from last year: EUR 8.0 million). Consolidated EBITDA
for the third quarter provisionally amounted to 10.1 million euro,
representing an increase of 24.7 percent over the same period last year
(operations continued from last year: EUR 8.1 million).Provisional
consolidated earnings before interest and taxes (EBIT) at EUR 6.1 million
was 24.5 percent higher than last year (operations continued from last
year: EUR 4.9 million).

Development in business in the first nine months of 2015

Aggregate output for the Group in the first nine months of 2015
provisionally climbed 16.4 percent relative to the same period in 2014 to
stand at EUR 369.2 million (operations continued from last year: EUR 317.2
million). Consolidated operating EBITDA, again provisionally, (before
exceptional items and other-period effects) was recorded as standing 17.0
percent higher than in the same period last year at EUR 22.7 million
(operations continued from last year: EUR 19.4 million). Provisional
consolidated EBITDA including exceptional items and other-period effects
amounted to EUR 20.2 million (operations continued form last year: EUR 19.3
million). As a result of increased amortisations following the first-time
consolidation of the companies acquired in the first half of 2015, as well
as higher investments, provisional consolidated earnings before taxes
(EBIT) for the period came in somewhat below the previous year's figure at
EUR 9.3 million (operations continued form last year EUR 10.2 million).

Key balance sheet figures to 30 September 2015

Equity as of the qualifying date of 30 September 2015 provisionally stood
at EUR 104.8 million (31 December 2014: EUR 100.7 million). Again on the
qualifying date, preliminary figures show that the Allgeier Group had
liquidity at its disposal in the amount of EUR 51.5 million (31 December
2014: EUR 98.0 million). Besides the cash flow from operations, the change
is essentially due to payments made in connections with acquisitions, the
repayment of debt, earn-out payments and the dividend distribution. The
provisional balance sheet total on 30 September 2015 amounted to EUR 326.5
million (31 December 2014: EUR 329.8 million).

All IFRS figures quoted are provisional. This interim business report by
Allgeier SE as at 30 September 2015 is published on 16 November 2015 and
will thereafter be available for inspection at www.allgeier.com.

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 3,000 customers
from almost all sectors. With a highly flexible delivery model, Allgeier
covers the full range of IT services, from on-site and nearshore through to
offshore: A strong presence in India ensures flexibility and maximum
scalability of the services, supplemented by highly qualified expertise in
high-end software development. With more than 6,000 salaried employees and
around 1,400 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 100 sites in the German-speaking region, and at further locations
in the rest of Europe, as well as in India, Singapore, Mexico and the USA.
In 2014 Allgeier generated EUR 428 million of revenue (continued
operations), according to preliminary figures. Allgeier SE was ranked first
in the Lünendonk(R) List 2015 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) 2015 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.


04.11.2015 The DGAP 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:       Regulated Market in Frankfurt (General Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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