DGAP-News: Catalis SE: Good start to 2014 fiscal year

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News Desk 2018

May 19, 2014 at 9:45 AM

DGAP-News: Catalis SE / Key word(s): Quarter Results Catalis SE: Good start to 2014 fiscal year 19.05.2014 / 15:32 --------------------------------------------------------------------- Corporate News: Good start to 2014 fiscal year La Waalre, May 19, 2014 - Catalis SE, the worldwide service provider for the digital media and entertainment industry, is pleased to announce its financial results for the first three months of 2014. Catalis Group had a good start to the new fiscal year. The unaudited results for the first three months of fiscal year 2014 are as follows: - Q1 revenues at EUR 6.7m (2013: EUR 7.0m) - Q1 EBIT at EUR 0.34m (2013: EUR 0.55m) - Net income at EUR 0.21m (2013: EUR 0.30m) - Operating cash flow of EUR 0.5m (2013: EUR 0.6m) These figures are representative of the season - the first quarter is typically the softest period of trading for the group - yet our ability to maintain a good profit margin is testament to the hard work and determination of the senior management team. Testronic, our quality assurance business, delivered a respectable set of results for the first quarter. On revenues of EUR 4.7 m (Q1 2013: EUR 4.7 m), we made an operating profit (EBIT) of EUR 0.5 m (Q1 2013: EUR 0.5 m). Kuju delivered a good first quarter, recording revenues of EUR 1.9 m (Q1 2013: EUR 2.2 m) and EBIT of EUR 0.13 m (Q1 2013: EUR0.3 m). Whilst in comparison to 2013 this appears to be a soft start to the year, the results are in line with management expectations. Operationally, a number of projects reached their conclusion during the quarter, and revenues for the next wave of projects have not yet been recognised. "In the longer term, I remain very positive about the potential of the Catalis Group. Over the last two years, I have resolved numerous inefficiencies in the business, with the help of my strong and dedicated management team. We have built two strong brands, we have returned two businesses to profitability, and we continue to focus on growth opportunities in an ever-expanding market place. It is our strong belief that we are ideally placed to deliver sustainable growth, and excellent earnings performance." commented Dominic Wheatley, CEO of Catalis Group. The interim report for the period to March 31, 2014 is today available on our website www.catalisgroup.com. For further information on Catalis SE and its wholly owned subsidiaries, Testronic Labs and Kuju, please refer to www.catalisgroup.com, www.testroniclabs.com and www.kuju.com. For further questions please contact our Investor Relations team directly: Catalis SE Investor Relations Team t: +49 89 24 41 18 - 223 f: +49 89 24 41 18 - 228 info@catalisgroup.com About Catalis SE: Catalis is a worldwide leading outsourcing provider focusing on high-end technical services relating to the creation of digital content for the film, video games and software industries. Catalis offers both testing and development services. It operates through its wholly-owned subsidiaries Testronic Labs and Kuju from eight locations throughout the US, the UK, Poland, Belgium and the Netherlands. End of Corporate News --------------------------------------------------------------------- 19.05.2014 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: Catalis SE Laan van Diepenvoorde 3 5582 LA Waalre Netherlands Phone: +31 (0)40 2135930 Fax: +31 (0)40 2135604 E-mail: info@catalisgroup.com Internet: www.catalisgroup.com ISIN: NL0010447306 WKN: A1T98Z Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, DÃ¼sseldorf, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 269335 19.05.2014

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