ALLGEIER SE \/ Key word(s): Half Year Results<\/b><\/p>\n
14.08.2013 14:54<\/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, August 14, 2013 – Allgeier SE (ISIN DE0005086300, WKN 508630)
\nreports further revenue and earnings growth in the first half of 2013
\n(January 1, 2013 – June 30, 2013). Consequently, Allgeier continued to
\nreport growth during the first half of 2013 and further bolstered its
\ncompetitive position.<\/p>\n
Revenue in the first half of 2013 grew to EUR 227.3 million, up 20 percent
\ncompared with the first six months of 2012 (previous year: EUR 190.1
\nmillion). Both operating growth and the corporate acquisitions that have
\nbeen realized in the past years drove this earnings growth. All three
\nAllgeier operating segments reported operating growth in this context.
\nEBITDA grew by 24 percent year-on-year to reach EUR 12.3 million (previous
\nyear: EUR 9.9 million). EBIT (earnings before interest and taxes) increased
\nby 88 percent to EUR 6.2 million in the period under review (previous year:
\nEUR 3.3 million). The EBIT growth reflects a drop in amortization charges
\narising from the purchase price allocation. Despite this decline in
\namortization charges, the EBIT earnings figure continued to be impacted in
\nby the amortization charges applied to IFRS purchase price allocations
\npursuant (amortization of order book positions, customer bases and
\nproducts), which comprise most of the amortization and depreciation of EUR
\n6.1 million (previous year: EUR 6.6 million). Interest expenses of EUR 2.7
\nmillion remained at the level in the comparable prior-year period. After
\ninterest, Allgeier reported a 441 percent increase in EBT (earnings before
\ntax) to EUR 3.5 million in the first six months of 2013 (previous year: EUR
\n0.6 million). After deducting EUR 1.4 million of tax expenses (previous
\nyear: EUR -0.6 million), Allgeier consequently achieved EUR 2.1 million of
\nnet income in the first half of 2013 (previous year: EUR 0.0 million).
\nBasic earnings per share, calculated on the basis of the half-yearly
\nearnings reduced to reflect the share of earnings attributable to
\nnon-controlling shareholders, rose to EUR 0.24 in the first half of 2013
\n(previous year: EUR -0.03).<\/p>\n
The total assets of the Allgeier Group were down slightly from EUR 289.6
\nmillion on December 31, 2012 to EUR 283.3 million on June 30, 2013. The
\ndividend payout and outgoing payments as part of acquisition activities
\ncomprise the main reasons for this reduction in total assets. Equity
\nreduced accordingly to EUR 88.0 million as of the balance sheet date
\n(December 31, 2012: EUR 93.4 million). The Allgeier Group reports liquid
\nassets of EUR 30.8 million as of June 30, 2013 (December 31, 2012: EUR 38.9
\nmillion). Cash flow from operating activities grew to EUR 4.3 million in
\nthe period under review (previous year: EUR 3.4 million).<\/p>\n
The 2013 half-yearly report of Allgeier SE will be published today, August
\n14, 2013, and can be viewed at www.allgeier.com.<\/p>\n
Contact:
\nAllgeier SE
\nCorporate Communications & Investor Relations
\nDr. Christopher Grosse
\nWehrlestrasse 12
\n81679 Munich
\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. Six 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 4,300 salaried employees and around
\n1,400 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 423 million of revenue in 2012. 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
\non the company’s website at: www.allgeier.com.<\/p>\n
14.08.2013 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
—————————————————————————<\/p>\n","protected":false},"excerpt":{"rendered":"
Munich, August 14, 2013 – Allgeier SE (ISIN DE0005086300, WKN 508630) reports further revenue and earnings growth in the first half of 2013 (January 1, 2013 – June 30, 2013). Consequently, Allgeier continued to report growth during the first half of 2013 and f<\/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-10861","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n