ALLGEIER SE \/ Key word(s): Half Year Results<\/b><\/p>\n
29.07.2014 14:35<\/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, 29 July 2014 – Allgeier SE (ISIN DE0005086300, WKN 508630) reports
\na stable revenue trend during the first six months of the 2014 financial
\nyear (1 January 2014 – 30 June 2014), according to preliminary figures.
\nEBITDA as reported on a preliminary basis fell slightly due to the business
\ntrend in the Experts segment. The two other segments reported significant
\ngrowth in part, by contrast. Preliminary consolidated revenue, including
\ndiscontinued operations, remained nearly unchanged at EUR 226.6 million in
\nthe first half-year of 2014 compared with the first six months of 2013 (EUR
\n227.3 million). Preliminary EBITDA, including discontinued operations, fell
\nby 7 percent to EUR 11.5 million in a year-on-year comparison (previous
\nyear: EUR 12.3 million). Accordingly, preliminary earnings before interest
\nand tax (EBIT), including discontinued operations, dropped to EUR 5.0
\nmillion (previous year: EUR 6.2 million). Preliminary earnings before tax
\n(EBT), including discontinued operations, at EUR 3.3 million almost reached
\nthe result of the prior-year period (previous year: EUR 3.5 million). After
\ndeduction of preliminary tax expenses of EUR 1.5 million (previous year:
\nEUR 1.4 million), Allgeier generated a preliminary profit of EUR 1.8
\nmillion in the first half-year of 2014 (previous year: EUR 2.1 million).
\nPreliminary revenue generated by continuing operations (excluding
\ndiscontinued operations) stood at EUR 202.4 million in the first half-year
\nof 2014 (previous year: EUR 202.9 million). Preliminary EBITDA from
\ncontinuing operations (excluding discontinued operations) posted EUR 10.7
\nmillion during the period under review (previous year: EUR 11.8 million).<\/p>\n
This business area, which is reported as a discontinued operation in the
\nhalf-year figures, is being deconsolidated in July 2014. The Allgeier Group
\nanticipates a disposal gain of around EUR 1 million from the sale of this
\nbusiness.<\/p>\n
Total assets decreased slightly in the first half year of 2014 to EUR 283.2
\nmillion as of 30 June 2014 (31 December 2013: EUR 289.3 million), according
\nto preliminary figures. The reduction in total assets is essentially
\nattributable to seasonal and reporting-date-related working capital
\nfluctuations, outgoing payments as part of acquisition activities occurred
\nduring the first half-year of 2014, as well as the payment to the
\nshareholders of Allgeier SE of the dividend from the earnings for the 2013
\nfiscal year. The Allgeier Group had cash and cash equivalents of EUR 35.0
\nmillion as of the balance sheet date at its disposal (31 December 2013: EUR
\n46.7 million). Current and non-current financial liabilities increased to
\nEUR 77.9 million as of 30 June 2014 (31 December 2013: EUR 75.5 million).
\nConsolidated equity reported a slight reduction to EUR 93.3 million as of
\n30 June 2014 (31 December 2013: EUR 94.7 million).<\/p>\n
The 2014 half-yearly financial report of Allgeier SE will be published on
\nAugust 14, 2014, and can then be viewed at 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 2014 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
29.07.2014 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, 29 July 2014 – Allgeier SE (ISIN DE0005086300, WKN 508630) reports a stable revenue trend during the first six months of the 2014 financial year (1 January 2014 – 30 June 2014), according to preliminary figures. EBITDA as reported on a preliminary basi<\/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-10835","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n