DGAP-Adhoc: TELES AG Informationstechnologien: Substantial improvement in the operating results in the first half-year: Restructuring is clearly making progress

TELES AG Informationstechnologien  / Key word(s): Half Year Results

22.07.2013 16:03

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Substantial improvement in the operating results in the first half-year: 
Restructuring is clearly making progress

Ad-Hoc notification according to § 15 WpHG [German Securities Trading Act]

An overview of the key corporate values of TELES AG for HY 1 2013 
(according to IFRS, not certified)*

<pre>

TELES Group      1/1/2013 - 30/6/2013     1/1/2012 - 30/6/2012     Change

(in mn EUR)
Revenue          5.70                     6.05                     -6 %
Gross Profit     3.37                     3.04                     11 %
EBIT             -0.55                    -1.55                    65 %
EBT              0.77                     -1.54                    n/a


</pre>

Berlin, 22 July, 2013. Berlin-based Technology Company TELES substantially
improved its operative results in the first half-year and thus consistently
follows on from the positive trend in the previous quarters. The operative
loss (EBIT) fell by 65 per cent to minus KEUR 549. By the proceeds from the
sale of all shares in Gravis Beteiligungs AG in April of this year the
earnings before tax (EBT) grew to KEUR 771.

The revenue fell slightly in the period under review to Euro 5.7 million
and was thus just under that of the previous year. It was not possible to
fully compensate for delays in projects in the first quarter. Therefore, it
was not yet possible to compensate for the fall in the revenue, which was
indicated in the first three months of the year already.

The Management Board 
TELES AG Information technologies


22.07.2013 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      TELES AG Informationstechnologien
              Ernst-Reuter-Platz 8
              10587 Berlin
              Germany
Phone:        030-39928-00
Fax:          030-39928-01
E-mail:       IRInfo@teles.de
Internet:     http://www.teles.de
ISIN:         DE0007454902
WKN:          745490
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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