DGAP-News: ARAGON AG: Aragon AG welcomes its millionth

DGAP-News: ARAGON AG / Key word(s): Miscellaneous
ARAGON AG: Aragon AG welcomes its millionth customer

15.08.2011 / 10:52

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  - Aragon AG welcomes its millionth customer

  - Further growth planned

Aragon AG, one of the leading financial services companies in
German-speaking countries, welcomed its one millionth customer at the
beginning of August, reaching a new milestone in the development of its
business.

Annual customer growth of around 20 percent since foundation in 2004 

Aragon AG began with around 300,000 customers in April 2004. Since then,
the number of customers advised by the Aragon Group's financial advisors
has grown by around 20 percent a year. Having increased its total number of
customers to one million, Aragon AG can point to the fastest growth in the
financial sales market in German-speaking countries. This unique success
story has been driven both by very high new customer acquisition volumes,
as well as by the companies and customers acquired within the buy-and-build
strategy.

Customer totals set to rise by 50 percent to more than 1.5 million by 2014 

The current customer total consists of around 800,000 customers in the
Broker Pools (B2B) segment, i.e. business with end customers via financial
intermediaries, and around 200,000 customers in the Financial Consulting
(B2C) segment, i.e. business directly with end customers. 'We are proud of
what we have achieved and aim to remain the fastest-growing group in the
German-speaking financial sales market,' commented Dr. Sebastian Grabmaier,
CEO and founder of Aragon AG, with regard to the company's ongoing growth.
'For 2014, the tenth anniversary of the foundation of Aragon AG, we aim to
exceed the 1.5 million mark in terms of the number of customers we advise.
The direct business with end customers should show especially
disproportionate growth, as a result of which we aim to achieve more or
less balanced numbers of B2B and B2C customers by 2014.'

About Aragon AG

Aragon AG is a broadly diversified financial services group with two
operating segments, Broker Pools and Financial Consulting, and a Holding
division. Alongside its investment in Aragon IT Service GmbH, the Holding
division also owns a minority stake in biw Bank fÃ¼r Investments und
Wertpapiere AG. In its operating segments, Aragon AG operates in the market
with several independently acting subsidiaries. The aim is to integrate
various sales models under one roof without infringing on the identity of
each individual sales operation. This leads to broad diversification across
numerous asset classes and distribution channels and, as a result, ensures
high earnings stability. Further information about the company and its
subsidiaries can be found at www.aragon.ag.

Contact:
Aragon Aktiengesellschaft

Ralf Funke
Investor Relations
Tel.: +49(0)611 890 575-0
Fax:  +49(0)611 890 575-99
E-Mail: ir@aragon.ag


End of Corporate News

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15.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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DGAP-News: ARAGON AG: Aragon AG welcomes its millionth customer
