DGAP-News: IT Competence Group SE: IT Competence Group announces 2013 first quarter results - We have started the year 2013 well!


IT Competence Group SE  / Key word(s): Quarter Results

06.05.2013 11:13

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Corporate News: IT Competence Group announces 2013 first quarter results -
We have started the year 2013 well!

Ludwigsburg, 6 May 2013. IT Competence Group SE, which is listed on the
Regulated Unofficial Market of the Frankfurt Stock Exchange in Segment
Entry Standard, announces its
figures for the 1st quarter of 2013. We got off excellent into 2013 and it
is very pleasing to announce another successful result.

Financial figures of IT Competence Group for the first quarter 2013

-  Sales: +17%   EUR 4.8 million (2012: EUR 4.1 million)

- EBITDA: +70%   EUR 252 thousand (2012: EUR 148 thousand)

The substantial increase in sales was accompanied by an increase in IT
consultants in Q1 2013. The personnel strategy is paying off and leads to
more sales. For IT Competence Group's customers, this staff increase
represents an extension of existing qualifications. Despite high
investments in recruiting, EBITDA increased significantly. The EBIT margin
is now approximately 5%.

We expect sales for the whole of 2013 to increase by a considerable
double-digit percentage figure. Based on the Q1 results and the promising
start to the year as a whole the 2013 full year guidance is predicted with
revenues between EUR 18.0m and EUR 20.0m and an EBITDA higher than EUR
0.6m.

IT Competence Group SE
Investor Relations

t.: +49 89-244118-223
f.: +49 89-244118-228
info@it-competencegroup.com


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