ALLGEIER SE \/ Key word(s): Quarter Results<\/b><\/p>\n
28.04.2014 18:17<\/p>\n
Dissemination of an Ad hoc announcement according to \u00a7 15 WpHG, transmitted
\nby DGAP – a company of EQS Group AG.
\nThe issuer is solely responsible for the content of this announcement.<\/p>\n
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Munich, 28 April 2014 – According to preliminary figures, Allgeier SE (ISIN
\nDE0005086300, WKN 508630) reports a stable development in the first three
\nmonths of the financial year 2014 (1 January 2014 – 31 March 2014). The
\nGroup intends to divest part of its business, a decision reflected in the
\nquarterly figures drawn up in accordance with IFRS as discontinued
\noperations.<\/p>\n
Preliminary consolidated revenue, including discontinued operations, rose
\nslightly by 1 percent to EUR 111.0 million in the first quarter of 2014
\ncompared with the first three months of 2013 (EUR 110.2 million).
\nPreliminary EBITDA, including discontinued operations, climbed by 6 percent
\nto EUR 5.1 million in a year-on-year comparison (previous year: EUR 4.8
\nmillion). Preliminary earnings before interest and tax (EBIT), including
\ndiscontinued operations, advanced to EUR 2.0 million (previous year: EUR
\n1.8 million). Earnings before tax (EBT) increased to EUR 1.3 million
\n(previous year: EUR 1.0 million). After deduction of tax expenses of EUR
\n0.6 million (previous year: EUR 0.5 million), Allgeier generated a
\npreliminary profit of EUR 0.7 million in the first quarter of 2014
\n(previous year: EUR 0.4 million). Revenue generated by continuing
\noperations (excluding discontinued operations) stood at EUR 100.4 million
\nin the first quarter of 2014 (previous year: EUR 98.6 million). EBITDA from
\ncontinuing operations (excluding discontinued operations) posted EUR 4.7
\nmillion during the period under review (previous year: EUR 4.8 million).<\/p>\n
Equity had climbed to EUR 96.0 million by the reporting date of 31 March
\n2014 (31 December 2013: EUR 94.7 million). The Allgeier Group had cash and
\ncash equivalents of EUR 39.6 million as of 31 March 2014 (excluding
\ndiscontinued operations) at its disposal (31 December 2013: EUR 46.7
\nmillion). The lower level is largely attributable to a reduction in the use
\nof the factoring of trade receivables and other changes in working capital.
\nCurrent and non-current financial liabilities declined marginally to EUR
\n75.2 million as of 31 March 2014 (31 December 2013: EUR 75.5 million). The
\npreliminary balance sheet total stood at EUR 292.6 million as of 31 March
\n2014 (31 December 2013: EUR 289.3 million).<\/p>\n
All the aforementioned IFRS figures are preliminary. The Interim Statement
\nof Allgeier SE as of 31 March 2014 will be released on 15 May 2014 and can
\nbe viewed at the company’s website under www.allgeier.com.<\/p>\n
Contact:
\nAllgeier SE
\nDr. Christopher Gro\u00dfe
\nWehrlestra\u00dfe 12
\n81679 Munich, Germany
\nTel.: +49 (0)89\/998421-0
\nFax: +49 (0)89\/998421-11
\ne-mail: ir@allgeier.com
\nWeb: www.allgeier.com<\/p>\n
Allgeier SE is one of the leading IT companies for Business Performance
\ntoday: Allgeier combines the advantages of an international provider with
\nthe merits of medium-sized companies with a growth strategy oriented
\nconsistently to innovations and future trends, and an integrative business
\nmodel. Operating divisions, each with their individual specialist or
\nsector-related focal points, work together for more than 2,000 customers
\nfrom almost all sectors. With more than 4,600 salaried employees and over
\n1,300 freelance IT experts, Allgeier, as a one-stop shop, offers customers
\na comprehensive portfolio of solutions and services. Allgeier’s customers
\ninclude globally operating groups as well as innovative medium-sized
\noperations that wish to secure strategic advantages through high-performing
\nIT solutions, intelligent software and flexible personnel services. This
\nhigh-growth company, which is based in Munich, Germany, operates at more
\nthan 90 sites in the German-speaking region, and at further locations in
\nthe rest of Europe, as well as in India, Mexico and the USA. Allgeier
\ngenerated EUR 478 million of revenue in 2013. Allgeier SE was ranked first
\nin the L\u00fcnendonk(R) List 2013 of “Leading German medium-sized IT consulting
\nand system integration companies”. The Allgeier Experts Division ranks
\namong the top three IT personnel service-providers in Germany according to
\nthe L\u00fcnendonk(R) 2013 market segment study “The market for recruiting,
\nmediating and managing IT freelancers in Germany”. The company is listed on
\nthe regular market of the Frankfurt Stock Exchange in the General Standard
\nsegment (WKN 508630\/ISIN DE0005086300). Further information is available on
\nthe company’s website at: www.allgeier.com.<\/p>\n
28.04.2014 DGAP’s Distribution Services include Regulatory Announcements,
\nFinancial\/Corporate News and Press Releases.
\nMedia archive at www.dgap-medientreff.de and www.dgap.de<\/p>\n
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Language: English
\nCompany: ALLGEIER SE
\n Wehrlestra\u00dfe 12
\n 81679 M\u00fcnchen
\n Germany
\nPhone: +49 (0) 89 – 99 84 21 0
\nFax: +49 (0) 89 – 99 84 21 11
\nE-mail: info@allgeier.com
\nInternet: http:\/\/www.allgeier.com
\nISIN: DE0005086300
\nWKN: 508630
\nIndices: CDAX
\nListed: Regulierter Markt in Frankfurt (General Standard);
\n Freiverkehr in Berlin, D\u00fcsseldorf, Hamburg, Stuttgart<\/p>\n
End of Announcement DGAP News-Service<\/p>\n
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Munich, 28 April 2014 – According to preliminary figures, Allgeier SE (ISIN DE0005086300, WKN 508630) reports a stable development in the first three months of the financial year 2014 (1 January 2014 – 31 March 2014). The Group intends to divest part of its busi<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":219,"menu_order":0,"comment_status":"close","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-10833","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n