DGAP-Adhoc: Allgeier reports continuous growth in FY 2013

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News Desk 2018

Mar 18, 2014 at 9:45 AM

ALLGEIER SE / Key word(s): Preliminary Results 18.03.2014 14:40 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, March 18, 2014 - Allgeier SE (ISIN DE0005086300/WKN 508630) once again reports growth in its 2013 financial year (January 1, 2013 to December 31, 2013), according to preliminary results. Due to the Group's decision to divest a part of the business this part of the Group will be indicated as discontinued operation according IFRS in the Annual Financial Report. Preliminary IFRS consolidated revenue resulting from continued and discontinued operations was up to EUR 477.6 million (previous year: EUR 422.8 million), representing 13 percent growth. Preliminary consolidated EBITDA resulting from continued and discontinued operations grew 27 percent to EUR 30.0 million (previous year: EUR 23.5 million). Preliminary consolidated EBIT (earnings before interest and tax) resulting from continued and discontinued operations increased by 60 percent to EUR 15.5 million in comparison to the preceding year (previous year: EUR 9.7 million). The Group generated EUR 11.1 million of earnings before tax resulting from continued and discontinued operations (previous year: EUR 11.9 million). After deducting all taxes on income, the Group achieved EUR 3.6 million of preliminary net income resulting from continued and discontinued operations before deduction of minority interest (previous year: EUR 9.2 million). The continued operations of the Group achieved a consolidated revenue of EUR 421.3 million (previous year: EUR 374.8 million) and an EBITDA of EUR 27.9 million (previous year: EUR 23.3 million). Preliminary earnings per share (EPS) resulting from continued and discontinued operations are EUR 0.42 in the reporting year (previous year: 1.05 EUR). Preliminary earnings per share after adjusting for amortization related to acquisition activity and other extraordinary items resulting from continued and discontinued operations are EUR 1.62 (previous year: EUR 1.90). Equity increased to EUR 94.7 million as of December 31, 2013 (previous year: EUR 93.4 million). The Allgeier Group excluding the discontinued operation reported EUR 46.4 million of liquid assets at its disposal as of December 31, 2013 (previous year: EUR 38.9 million). Current and non-current finance debt increased to EUR 75.3 million as of the balance sheet date (previous year: EUR 73.8). Total assets amount to EUR 289.5 million (previous year: EUR 289.6 million). The results for the previous year have been restated due to amendments of IFRS. All of the IFRS figures referred to are preliminary, and have not yet been finally audited. Publication of the Allgeier Annual Report 2013 is planned for April 30, 2014. Contact: Allgeier SE Corporate Communications & Investor Relations Dr. Christopher GroÃ?e WehrlestraÃ?e 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 2,000 customers from almost all sectors. With more than 4,600 salaried employees and over 1,300 freelance 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 at more than 100 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Mexico and the USA. Allgeier generated EUR 423 million of revenue in 2012. Allgeier SE was ranked first in the LÃ¼nendonk(R) List 2013 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 LÃ¼nendonk(R) 2013 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. 18.03.2014 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: ALLGEIER SE WehrlestraÃ?e 12 81679 MÃ¼nchen 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: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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