DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Half Year Results/Half Year Results Francotyp-Postalia Holding AG: FP Group presents half-yearly report 30.08.2012 / 07:30 --------------------------------------------------------------------- Corporate News FP Group presents half-yearly report - Company confirms preliminary figures: revenue of EUR 82.7 million and EBITDA of EUR 8.6 million - Temporary challenges lead to lower than expected earnings growth and revision of forecasts - Production in steady state since summer 2012 - Sales in Germany with higher unit figures since July Birkenwerder, 30 August 2012. Francotyp-Postalia Holding AG, the first multi-channel provider for mail communication, today published its half-yearly report for 2012 in which it confirms the preliminary figures it published on 23 August 2012. The revenue of the FP Group increased from EUR 80.9 million in the previous year to EUR 82.7 million in the first six months of the current year. Recurring revenue from the Mail Services and Software business and from service agreements, leasing, teleporto and the sale of consumables for approximately 250,000 franking machines worldwide increased significantly to EUR 65.8 million compared to a figure of EUR 62.5 million for the prior-year period. Mainly consolidation revenue improved by EUR 2.6 million to EUR 19.5 million. The cost of materials amounted to EUR 35.4 million in the first half of 2012 after EUR 31.9 million in the prior-year period. In particular, the cost of purchased services increased due to the higher level of consolidated revenue. On a half-yearly basis, staff costs declined to EUR 28.4 million after EUR 34.4 million in the same period of the previous year, in which provisions were still recognised for the restructuring of production. Depreciation, amortisation and impairment losses also fell from EUR 7.4 million in the previous year to EUR 4.6 million in the first half of 2012. EBITDA (earnings before interest, tax, depreciation and amortisation) increased to EUR 8.6 million as against EUR 3.9 million in the previous year. Before taxes, the FP Group generated a profit of EUR 1.7 million compared to a loss of EUR -4.2 million in the same period of the previous year, meaning that it increased all key revenue and earnings figures in the first half of 2012. However, two time-limited challenges meant that the company was unable to meet its targets in full: the temporary delays in the process and supply chain in production and the temporary difficulties affecting the German sales organisation, which resulted in weaker franking machine business. As a result of these developments, the company adjusted its guidance for the year as a whole on 23 August 2012. The FP Group is now forecasting revenue of at least EUR 161 million, EBITDA of EUR 19-21 million and EBIT of 8-10 million. Hans Szymanski, CEO & CFO of Francotyp-Postalia Holding AG: 'The FP Group has now overcome the temporary challenges facing it; production is in a steady state and the German sales organisation has reported rising sales figures for franking machines since July. The new, innovative PostBase franking system is enjoying a good response on the market. The same applies for our De-Mail solution, where we have already succeeded in attracting the first customers. In light of these developments and our return to profitability in the first half of 2012, I am confident that the FP Group can further increase its earnings strength in the medium term.' More information http://www.francotyp.com Contact Francotyp-Postalia Holding AG Corporate Communications Sabina Prüser Tel: +49 (0)3303 525 410 Fax: +49 (0)3303 53707 410 E-mail: s.prueser@francotyp.com About Francotyp-Postalia Holding AG The FP Group is the first multi-channel provider for mail communication. The globally active company offers the entire range of products and solutions for business and private customers. In addition to standard machines for franking and inserting mail, its offering includes services such as the collection of business mail and innovative software solutions such as the fully electronic letter. The FP Group, based in Birkenwerder near Berlin, can therefore provide tailored multi-channel solutions. The Group currently operates its own branches in a number of industrialised countries and holds a global market share in franking machines of around 10%. With a history dating back over 85 years, the FP Group today benefits across all markets from the increasing liberalisation of postal markets and the readiness of companies to outsource their business mail to professional service providers. In the 2011 financial year, the company generated revenue of EUR 159.4 million. The FP Group employs more than 1,000 people worldwide. End of Corporate News --------------------------------------------------------------------- 30.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory 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: Francotyp-Postalia Holding AG Triftweg 21-26 16547 Birkenwerder Germany Phone: +49 (0)3303 525 777 Fax: +49 (0)3303 53 70 77 77 E-mail: ir@francotyp.com Internet: www.francotyp.com ISIN: DE000FPH9000 WKN: FPH900 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 183442 30.08.2012
DGAP-News: Francotyp-Postalia Holding AG: FP Group presents half-yearly report
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