DGAP-News: Francotyp-Postalia Holding AG: Francotyp-Postalia proposes dividend payment

| Source: EQS Group AG
DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Final
Results/Final Results
Francotyp-Postalia Holding AG: Francotyp-Postalia proposes dividend

30.04.2014 / 06:30


Corporate News

Francotyp-Postalia proposes dividend payment 
  - Successful 2013 financial year: company confirmed preliminary results

  - Profitable growth makes dividend payment possible

  - Confirmation of forecast for 2014: FP plans revenue of at least EUR 173
    million and EBITDA of at least EUR 25 million

Birkenwerder, 30 April 2014. Presenting its 2013 annual report,
Francotyp-Postalia Holding AG, a multi-channel provider for mail
communication, confirmed the preliminary results announced at end-February
2014. In view of the company's profitable growth in the past financial
year, the Management Board and Supervisory Board will propose payment of a
dividend of EUR 0.08 a share to the Annual Shareholder Meeting on 19 June

"Our dividend proposal is a beginning, in the knowledge that we will still
have to invest heavily in 2014 to ensure successful further development. In
future we want to let our shareholders participate regularly in the
company's success," says FP CEO and CFO Hans Szymanski.

Increase in revenue and profit in 2013
In the past financial year Francotyp-Postalia raised total revenue by 2.0%
EUR 168.9 million, compared with EUR 165.6 million in the previous year.
The anticipated improvement in results came from increased revenue and
efficiency gains from production commissioned in Wittenberge in 2012.
EBITDA (earnings before interest, taxes, depreciation and amortisation)
rose 16.8% in 2013 to EUR 22.2 million, and EBIT grew 14.3% to EUR 10.4
million. All in all the company grew consolidated net income 22.5% to EUR
4.9 million, from EUR 4.0 million in 2012.

The increase in profitability was associated with a rise of EUR 11.2
million in operating cash flows to EUR 18.5 million. With cash outflows for
investment almost unchanged at EUR 14.9 million, compared with EUR 14.3
million in the previous year, this led to an improvement in free cash flow
to EUR 3.6 million, compared with EUR -7.0 million in the previous year.

FP plans to continue profitable growth
Key success factors in the past financial year were the growth in revenue
in Mail Services and the Software business as well as strong demand for the
PostBase franking system. The company is set to benefit further from its
continued development into a full-service mail communication provider in
2014, and is planning to continue profitable growth. As announced at
end-February, the company anticipates revenue of at least EUR 173 million,
EBITDA of at least EUR 25 million and EBIT of at least EUR 12 million. In
view of the higher investment in future growth, however, free cash flow is
likely to show a one-time decrease to EUR -2 million.

FP CEO and CFO Szymanski, explains: "We are deliberately increasing
investment in 2014. We will be investing particularly in the US as a major
rental market, and take advantage of decertification to renew our installed
base and to bind the customers. We will also continue to invest in the
development of new franking machines and certification of other country
variants of PostBase. At the same time we see increasing interest in our
De-Mail solutions. In combination with the Mail Service and Outsourcing
business this will lay the foundation for a successful future for
Francotyp-Postalia in the years to come."

Key figures at a glance:


EUR million                       2013            2012            Change
Revenue                           168.9           165.6            +2.0 %
Cost of materials                  77.9            72.6            +7.3 %
Staff expenses                     54.0            53.3            +1.3 %
EBITDA                             22.2            19.0           +16.8 %
EBIT                               10.4             9.1           +14.3 %
Free cash flow                      3.6            -7.0               n/a
Consolidated net income             4.9             4.0           +22.5 %
EPS (EUR)                          0.31            0.27           +14.8 %
Employees (number)                1,047           1,093            -4.2 %


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 90 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 201 financial year, the company generated revenue
of EUR 168.9 million. The FP Group employs around 1,100 people worldwide.

End of Corporate News


30.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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                                     
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  
265538 30.04.2014