DGAP-Adhoc: Allgeier SE: Supervisory Board approves annual

ALLGEIER SE / Key word(s): Final Results/Dividend 29.04.2014 12:39 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 28 April 2014 - In its meeting on 28 April 2014, the Supervisory Board of Allgeier SE (ISIN DE0005086300, WKN 508630) ratified the audited financial statements of Allgeier SE at company and at Group level for the financial year 2013. The annual financial statements are thereby adopted. The final consolidated figures largely correspond to the preliminary figures announced in the ad-hoc release dated 18 March 2014. Development of revenue and profit pursuant to IFRS Allgeier SE reported further growth in the financial year 2013 (1 January 2013 to 31 December 2013). The Group intends to divest part of its business, a decision reflected as discontinued operations in the annual financial statements prepared in accordance with IFRS. Consolidated revenues in 2013 from continuing and discontinued operations under IFRS rose to EUR 477.6 million (previous year: EUR 422.8 million), which corresponds to growth of 13 percent. Group EBITDA from continuing and discontinued operations climbed by 28 percent to EUR 30.1 million (previous year: EUR 23.5 million). Group EBIT (earnings before interest and tax) from continuing and discontinued operations soared by 61 percent to EUR 15.6 million (previous year: EUR 9.7 million). Net of interest, the Group achieved earnings before tax from continuing and discontinued business of EUR 11.4 million (previous year: EUR 6.7 million). Including the result of EUR -0.3 million from operations already divested (previous year: EUR 5.1 million), the Group reported an after-tax profit of EUR 3.7 million for the period under review (previous year: EUR 9.2 million). Revenue from continuing operations stood at EUR 421.3 million in the financial year ended (previous year: EUR 374.8 million). EBITDA from continuing operations posted EUR 27.9 million during the period under review (previous year: EUR 23.3 million). Earnings per share from continuing and discontinued operations therefore stood at EUR 0.42 in the reporting year (previous year: EUR 1.05). Earnings per share from continuing and discontinued operations adjusted for depreciation and amortisation from acquisition activities and other extraordinary effects came in at EUR 1.63 (previous year: EUR 1.91). Key balance sheet figures Equity had risen to EUR 94.7 million by 31 December 2013 (previous year: EUR 93.4 million). As of 31 December 2013, the Allgeier Group had cash and cash equivalents of EUR 46.7 million (excluding discontinued operations) at its disposal (previous year: EUR 38.9 million). Current and non-current financial liabilities rose marginally to EUR 75.5 million as of the reporting date (previous year: EUR 73.8 million). The balance sheet total amounted to EUR 289.3 million (previous year: EUR 289.6 million). Application of unappropriated retained earnings The Management and Supervisory boards have passed a resolution today, April 28, 2014, to put forward a proposal to the Annual General Meeting concerning the distribution of dividend of EUR 0.50 per share from the unappropriated retained earnings of EUR 27,381,862.33 as reported in the financial statements of Allgeier SE as at 31 December 2013. The remaining retained earnings are to be carried forward to new account. The figures for 2012 have been adjusted accordingly to take account of IFRS amendments. The Annual Report 2013 will be issued on 30 April 2014 and can be viewed on the company's website at www.allgeier.com. Contact: Allgeier SE Allgeier SE Dr. Christopher Große Wehrlestraße 12 81679 Munich, Germany 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 IT 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 90 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 revenue of EUR 478 million in 2013. Allgeier SE was ranked first in the Lünendonk(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 Lünendonk(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. 29.04.2014 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 Wehrlestraße 12 81679 München 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, Düsseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------