DGAP-News: Teleplan International N.V. with preliminary key figures of FY 2008

Teleplan International N.V. / Preliminary Results/Final Results

27.02.2009 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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* Revenue growth of 8% to EUR 304 million (2007: EUR 282 million)
* EBITDA stabilized at EUR 22 million (2007: EUR 22 million)
* Operating cash flow doubled to EUR 25 million
* Net Debt decreased by EUR 9 million
* Substantial increase of net profit


Zoetermeer, The Netherlands, February 27th, 2009.
Today, the Management Board of Teleplan International N.V. (ISIN:
NL0000229458, Prime Standard) is pleased to present the preliminary and
unaudited key figures of FY 2008.

'Teleplan shows record high revenues for 2008 despite these challenging
economic times and benefitted from strong customer contracts. Despite a
difficult economic environment our operating profitability is approximately
on last year's level.', Mark Twaalfhoven, CEO of Teleplan International
N.V., commented the positive business development of fiscal year 2008.

Revenues for the financial year 2008 amounted to EUR 304.4 million (USD 450
million)compared to EUR 281.7 million (USD 388 million) in 2007,
representing an 8% growth according to the preliminary and unaudited
figures of FY 2008. On a like for like USD/EUR exchange rate basis revenue
growth would have been 12%. All three business segments, Computer,
Communication and Consumer Electronics contributed to the growth.

Communication in particular contributed to the top line growth, while
Computer and Consumer Electronics increased revenues slightly compared to
the prior year. Therefore Communication became a main pillar of bottom line
performance. Consumer Electronics stabilized its earnings
contribution whereas the Computer segment showed declining earnings
quality. Thus, the two segments compensated the somewhat weaker result in
the Computer segment and stabilized Group EBITDA at last year's level.

Headcount reduction year-on-year in high cost countries has continued.
Approximately 4,300 FTE represented 74% of the workforce at the end of 2008
in low cost countries such as Mexico, Poland, the Czech Republic and the
operations in Asia. More cost reductions are anticipated in the years to
come from further streamlining our site portfolio.

A customer bankruptcy, the closure of plants in North America and other
measures have burdened earnings before interest, taxes, depreciation, and
amortization (EBITDA) in the fourth quarter but will, in addition to the
smaller headcount, result in an improved operating efficiency from which
the Company will benefit going forward. Despite these increased one-off
costs, the Company was able to generate a EUR 21.8 million 
(USD 32 million) EBITDA. Net profit increased substantially compared 
with 2007, mainly due to reduced financial charges.

Cash generated from operations, especially in Q4, was excellent, amounting
to EUR 24.7 million (USD 36 million) in FY 2008 compared with EUR 12.4
million (USD 17 million) in 2007.

Teleplan had refinanced its bank debt in October 2007 with a long-term
facility. Given the current crisis in the banking sector this strategy is
paying off for Teleplan. The Company's financing agreements are fixed, thus
giving it committed facilities for the next five to seven years, including
a revolving facility on top of the current loans, which is actually unused.
Finally, the Company lowered its net debt to EUR 43.1 million (USD 61
million) by amortizing an extra EUR 10 million in loans beyond the
scheduled repayment of its debt.

Total equity increased from EUR 25.3 million (USD 37 million) in 2007 to
EUR 32.0 million (USD 45 million) in 2008. Equity ratio therefore improved
to 22% in 2008 versus 17% in 2007.

In general the outsourcing trend within the after-sales service industry is
showing a healthy development, and the Company continues to claim its place
in this market. While the first half of 2009 is expected to show positive
developments, the visibility has been reduced significantly in light of the
uncertainty over how trends will shape up. Therefore we are working hard to
control what we can in the course of our own business. Productivity
improvements and cost reductions will continue to have management's focus
in 2009, but the financial turmoil experienced around the world is leading
us to move cautiously into the future.


The complete and audited 2008 Group annual accounts of Teleplan
International N.V.
will be explained in detail at the annual accounts conference call for
analysts and investors on April 2nd, 2009 at 10:00 a.m. CET.


For additional information please contact:
Teleplan International N.V.
Gotthard Haug               Phone:  + 31 -79 -330 44 55
Chief Financial Officer     Fax:    + 31 -79 -330 44 66
                            E-Mail: investor_relations@teleplan.com
NL-2712 PN Zoetermeer       URL:    www.teleplan.com
DGAP 27.02.2009 
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Language:     English
Issuer:       Teleplan International N.V.
              Werner von Siemensstraat 17
              2712 PN Zoetermeer
              Niederlande
Phone:        +31 79 330 44 55
Fax:          +31 79 330 44 66
E-mail:       investor_relations@teleplan.com
Internet:     www.teleplan.com
ISIN:         NL0000229458
WKN:          916980
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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