DGAP-Adhoc: Allgeier SE: Allgeier reports double-digit

ALLGEIER SE / Key word(s): 9-month figures 04.11.2015 12:05 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 03 November2015 - Provisional figures show that Allgeier SE (ISIN DE0005086300, WKN 508630) recorded double-digit growth in aggregate output from continued operations in the first nine months of financial year 2015 (01 January - 30 September 2015). Having achieved clear double-digit growth in earnings in the third quarter of 2015, Allgeier also posted an increase of similar magnitude in operating profits before taking exceptional items and other-period effects in the first nine months into account. Business developments in Q3 2015 In the third quarter of 2015 (01 July 2015 - 30 September 2015) the Group again recorded substantial growth in sales and earnings. Aggregate output provisionally climbed 17.3 percent relative to the same period last year to stand at EUR 130.6 million (output from operations continued from last year: EUR 111.3 million). Operating EBITDA, again provisionally, (before exceptional items and other-period effects) for the third quarter came in at EUR 10.6 million, up by 32.5 percent over the previous year's result (operations continued from last year: EUR 8.0 million). Consolidated EBITDA for the third quarter provisionally amounted to 10.1 million euro, representing an increase of 24.7 percent over the same period last year (operations continued from last year: EUR 8.1 million).Provisional consolidated earnings before interest and taxes (EBIT) at EUR 6.1 million was 24.5 percent higher than last year (operations continued from last year: EUR 4.9 million). Development in business in the first nine months of 2015 Aggregate output for the Group in the first nine months of 2015 provisionally climbed 16.4 percent relative to the same period in 2014 to stand at EUR 369.2 million (operations continued from last year: EUR 317.2 million). Consolidated operating EBITDA, again provisionally, (before exceptional items and other-period effects) was recorded as standing 17.0 percent higher than in the same period last year at EUR 22.7 million (operations continued from last year: EUR 19.4 million). Provisional consolidated EBITDA including exceptional items and other-period effects amounted to EUR 20.2 million (operations continued form last year: EUR 19.3 million). As a result of increased amortisations following the first-time consolidation of the companies acquired in the first half of 2015, as well as higher investments, provisional consolidated earnings before taxes (EBIT) for the period came in somewhat below the previous year's figure at EUR 9.3 million (operations continued form last year EUR 10.2 million). Key balance sheet figures to 30 September 2015 Equity as of the qualifying date of 30 September 2015 provisionally stood at EUR 104.8 million (31 December 2014: EUR 100.7 million). Again on the qualifying date, preliminary figures show that the Allgeier Group had liquidity at its disposal in the amount of EUR 51.5 million (31 December 2014: EUR 98.0 million). Besides the cash flow from operations, the change is essentially due to payments made in connections with acquisitions, the repayment of debt, earn-out payments and the dividend distribution. The provisional balance sheet total on 30 September 2015 amounted to EUR 326.5 million (31 December 2014: EUR 329.8 million). All IFRS figures quoted are provisional. This interim business report by Allgeier SE as at 30 September 2015 is published on 16 November 2015 and will thereafter be available for inspection at www.allgeier.com. Contact: Allgeier SE Corporate Communications & Investor Relations Dr. Christopher Große Wehrlestraße 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 3,000 customers from almost all sectors. With a highly flexible delivery model, Allgeier covers the full range of IT services, from on-site and nearshore through to offshore: A strong presence in India ensures flexibility and maximum scalability of the services, supplemented by highly qualified expertise in high-end software development. With more than 6,000 salaried employees and around 1,400 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 100 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Singapore, Mexico and the USA. In 2014 Allgeier generated EUR 428 million of revenue (continued operations), according to preliminary figures. Allgeier SE was ranked first in the Lünendonk(R) List 2015 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) 2015 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. 04.11.2015 The DGAP 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: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------