DGAP-Adhoc: TELES AG Informationstechnologien: TELES manages a turnaround despite lower sales

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| Source: EQS Group AG
TELES AG Informationstechnologien  / Key word(s): Final Results

31.03.2014 19:10

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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TELES manages a turnaround despite lower sales

Adhoc Notification by TELES AG Informationstechnologien pursuant to Sect.
15 of the German Securities Trading Act (WpHG)

  - Positive earnings before income tax (EBT)

  - Improved operating results (EBIT)

  - Previous years sales missed

The key data for TELES for the fiscal year 2013 at a glance 

<pre>

TELES Group    1/1/2012 - 31/12/2012   1/1/2013 - 31/12/2013   Change in %
(in kEUR)
Revenue                       12,366                  10,701           -13
Gross Profit                   6,375                   6,194            -4
EBIT                          -3,303                  -1,136           -66
EBT                           -2,921                      69             -


</pre>

Berlin, 31st March 2014. TELES AG Informationstechnologien has completed
the fiscal year 2013 with a profit before tax (EBT) of EUR69 k (previous
year: minus EUR2,921 k). By further reducing operating expenses and special
items from the release of accruals, the operating result (EBIT) improved
from minus EUR3,303 k to minus EUR 1,136 k. In addition, a consolidated net
income was generated of EUR1,453 k in the reporting period - following a
loss in the previous year to the amount of EUR2,932 k. Due in particular to
weak U.S. sales, there was a decline in sales of 13%.

The complete financial statement for the fiscal year 2013 will be published
on the 4th of April 2014 on
http://www.teles.com/investor-relations/berichte.html.


31.03.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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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