DGAP-News: Francotyp-Postalia Holding AG: FP Group presents

DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Quarter Results/Quarter Results Francotyp-Postalia Holding AG: FP Group presents interim financial report and confirms forecasts 28.11.2013 / 07:00 --------------------------------------------------------------------- Corporate News FP Group presents interim financial report and confirms forecasts Birkenwerder, November 28, 2013. Francotyp-Postalia Holding AG, the first multi-channel provider for mail communications, presented the interim report for the third quarter of 2013 today. The report confirms the preliminary results published in early November 2013. In the third quarter of 2013, FP Group revenue rose slightly to EUR 126.9 million, up EUR 3 million year-on-year (EUR 123.9 million). EBITDA (earnings before interest, tax, depreciation and amortisation) improved, driven by the new flexible production site in Wittenberge and the successful market launch of the innovative PostBase franking system. EBITDA advanced 20.7% to EUR 16.9 million for the first nine months of 2013 (Q3 2012: EUR 14 million). EBIT rose from EUR 6.9 million to EUR 8.2 million year-on-year. Marked improvement in free cash flow Consolidated profit for the first nine months of 2013 came in at EUR 4 million, against EUR 3.5 million for the same period in 2012. Earnings per share advanced year-on-year, up from EUR 0.23 to EUR 0.26. The FP Group also posted a marked improvement in free cash flow over the nine-month period. The balance of cash inflows from operating activities and cash outflows from investment activities came to EUR 1.7 million, compared with EUR -5.7 million at the end of the third quarter 2012. As business performance was in line with expectations over the first three quarters of 2013, the FP Group confirmed its forecast for 2013: the company predicts baseline figures for revenue at EUR 168 million, EBITDA at EUR 22 million and EBIT at EUR 9 million. 'The FP Group is back on a profitable growth path,' according to Hans Szymanski, CEO and CFO of Francotyp-Postalia. The Aufbruch 2015 initiative is designed to develop the FP Group's full potential in all segments and markets over the next two years, with a view to achieving ambitious 2015 baseline growth targets: revenues at EUR 178 million and EBITDA at EUR 30 million. Szymanski is confident that: 'The FP Group will continue to post profitable growth in the coming years. The healthy operating performance this year is just the start.' Quarterly figures at a glance: <pre> in EUR million Q3 2013 Q3 2012 Change Revenue 41.4 41.2 + 0.5% EBITDA 5.4 5.4 + 0.0% EBIT 2.3 2.8 - 17.9% Free cash flow 1.7 0.3 + 578.6% Consolidated net income 0.8 1.8 -55.6% Earnings per share (EUR) 0.06 0.11 -45.5% </pre> Nine-month figures at a glance: <pre> in EUR million Q1-Q3 2013 Q1-Q3 2012 Change Revenue 126.9 123.9 +2.4% EBITDA 16.9 14.0 +20.7% EBIT 8.2 6.9 +18.8% Free cash flow 1.7 -5.7 n/a Consolidated net income 4.0 3.5 +14.3% Earnings per share (EUR) 0.26 0.23 +13.0% </pre> Contact Francotyp-Postalia Holding AG Corporate Communications Sabina Prüser Tel: +49 (0)3303 525 410 Fax: +49 (0)3303 53707 410 E-mail: s.prueser@francotyp.com About Francotyp-Postalia Holding AG The FP Group is the first multi-channel provider for mail communication. The globally active company offers the entire range of products and solutions for business and private customers. In addition to standard machines for franking and inserting mail, its offering includes services such as the collection of business mail and innovative software solutions such as the fully electronic letter. The FP Group, based in Birkenwerder near Berlin, can therefore provide tailored multi-channel solutions. The Group currently operates its own branches in a number of industrialised countries and holds a global market share in franking machines of around 10%. With a history dating back 90 years, the FP Group today benefits across all markets from the increasing liberalisation of postal markets and the readiness of companies to outsource their business mail to professional service providers. In the 2012 financial year, the company generated revenue of EUR 165.6 million. The FP Group employs around 1,100 people worldwide. End of Corporate News --------------------------------------------------------------------- 28.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Francotyp-Postalia Holding AG Triftweg 21-26 16547 Birkenwerder Germany Phone: +49 (0)3303 525 777 Fax: +49 (0)3303 53 70 77 77 E-mail: ir@francotyp.com Internet: www.francotyp.com ISIN: DE000FPH9000 WKN: FPH900 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 242034 28.11.2013