DGAP-News: Catalis SE / Key word(s): Quarter Results
Catalis SE: Good start to 2014 fiscal year
19.05.2014 / 15:32
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Corporate News: Good start to 2014 fiscal year
La Waalre, May 19, 2014 - Catalis SE, the worldwide service provider for
the digital media and entertainment industry, is pleased to announce its
financial results for the first three months of 2014. Catalis Group had a
good start to the new fiscal year.
The unaudited results for the first three months of fiscal year 2014 are as
follows:
- Q1 revenues at EUR 6.7m (2013: EUR 7.0m)
- Q1 EBIT at EUR 0.34m (2013: EUR 0.55m)
- Net income at EUR 0.21m (2013: EUR 0.30m)
- Operating cash flow of EUR 0.5m (2013: EUR 0.6m)
These figures are representative of the season - the first quarter is
typically the softest period of trading for the group - yet our ability to
maintain a good profit margin is testament to the hard work and
determination of the senior management team.
Testronic, our quality assurance business, delivered a respectable set of
results for the first quarter. On revenues of EUR 4.7 m (Q1 2013: EUR 4.7
m), we made an operating profit (EBIT) of EUR 0.5 m (Q1 2013: EUR 0.5 m).
Kuju delivered a good first quarter, recording revenues of EUR 1.9 m (Q1
2013: EUR 2.2 m) and EBIT of EUR 0.13 m (Q1 2013: EUR0.3 m). Whilst in
comparison to 2013 this appears to be a soft start to the year, the results
are in line with management expectations. Operationally, a number of
projects reached their conclusion during the quarter, and revenues for the
next wave of projects have not yet been recognised.
"In the longer term, I remain very positive about the potential of the
Catalis Group. Over the last two years, I have resolved numerous
inefficiencies in the business, with the help of my strong and dedicated
management team. We have built two strong brands, we have returned two
businesses to profitability, and we continue to focus on growth
opportunities in an ever-expanding market place. It is our strong belief
that we are ideally placed to deliver sustainable growth, and excellent
earnings performance." commented Dominic Wheatley, CEO of Catalis Group.
The interim report for the period to March 31, 2014 is today available on
our website www.catalisgroup.com.
For further information on Catalis SE and its wholly owned subsidiaries,
Testronic Labs and Kuju, please refer to www.catalisgroup.com,
www.testroniclabs.com and www.kuju.com.
For further questions please contact our Investor Relations team directly:
Catalis SE
Investor Relations Team
t: +49 89 24 41 18 - 223
f: +49 89 24 41 18 - 228
info@catalisgroup.com
About Catalis SE:
Catalis is a worldwide leading outsourcing provider focusing on high-end
technical services relating to the creation of digital content for the
film, video games and software industries. Catalis offers both testing and
development services. It operates through its wholly-owned subsidiaries
Testronic Labs and Kuju from eight locations throughout the US, the UK,
Poland, Belgium and the Netherlands.
End of Corporate News
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19.05.2014 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.
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Language: English
Company: Catalis SE
Laan van Diepenvoorde 3
5582 LA Waalre
Netherlands
Phone: +31 (0)40 2135930
Fax: +31 (0)40 2135604
E-mail: info@catalisgroup.com
Internet: www.catalisgroup.com
ISIN: NL0010447306
WKN: A1T98Z
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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269335 19.05.2014
DGAP-News: Catalis SE: Good start to 2014 fiscal year
| Source: EQS Group AG