DGAP-News: Navigator Equity Solutions SE: Navigator Equity Solutions SE announces 2014 first half year results - Earnings after taxes: 1.1m euros - Forecast for 2014 confirmed

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| Source: EQS Group AG
DGAP-News: Navigator Equity Solutions SE / Key word(s): Half Year
Results
Navigator Equity Solutions SE: Navigator Equity Solutions SE announces
2014 first half year results - Earnings after taxes: 1.1m euros -
Forecast for 2014 confirmed

26.08.2014 / 09:46

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Corporate News: Navigator Equity Solutions SE announces 2014 first half
year results - Earnings after taxes: 1.1m euros - Forecast for 2014
confirmed

Waalre, August 26, 2014- Navigator Equity Solutions SE is pleased to
announce its financial results for the  first half year of 2014.

In the first half year of 2014, Navigator Equity Solutions SE generated
total (net) revenues of 10.1m euros (1st HY 2013: 9.6m euros). The gross
margin was unchanged year-on-year and amounted to 6.5m euros (1st HY 2013:
6.5m euros). The Group's operating result (EBIT) amounted to 0.1m euros
(1st HY 2013:  0.1m euros). Earnings after taxes rose significantly  to
1.1m euros (1st HY 2013: 0.1m euros), a tenfold increase resulting from a
positive financial income. The good result of IT Competence Group SE
contributed to this positive effect and also the sale of our stake in
Catalis SE that took place in May 2014.

As of June 30, 2014, the Navigator Equity Solutions SE balance sheet total
amounted to 8.5m euros (End of 2013: 8.4m euros). The group's total fixed
assets was unchanged at 1.0m euros (2013: 1.0m euros). Current assets
increased from 7.4m euros at the end of December, 2013, to 7.5m euros.
Total equity was up to 5.3m euros (2013: 4.2m euros). This improves the
equity ratio of Navigator Equity Solutions SE from 50.0% as at 31 December
2013 to 62.2%.

Robert Käß, CEO of Navigator Equity Solutions SE, commented: "I am pleased
to inform you that we are well on track and that I am very happy with our
performance. In view of the extremely positive development we have
experienced over the past months, I am convinced that we will meet our
financial targets. However, there are still many areas that require an
improvement. We will continue to optimize costs and processes in the coming
months. I am confident in the future of Navigator Equity Solutions SE."

Based on the positive operating outlook (June 2014), Navigator Equity
Solutions SE is continuing to forecast consolidated turnover of between EUR
23m and EUR 25m and earnings before taxes of more than EUR 1.5m .

You can find the report for the first half year of 2014 at the beginning of
September and other information about Navigator Equity Solutions SE on the
Internet by going to www.navigator-equity.com.

For further questions please contact our Investor Relations team directly:

Navigator Equity Solutions SE

Investor Relations

t.: +49 89-244118-223

f.: +49 89-244118-228

info@navigator-equity.com



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26.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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Language:    English                                       
Company:     Navigator Equity Solutions SE                 
             Laan van Diepenvoorde 3                       
             5582 LA Waalre                                
             Netherlands                                   
Phone:       +49 89 244118-414                             
Fax:         +49 89 244118-499                             
E-mail:      info@navigator-equity.com                     
Internet:    www.navigator-equity.com                      
ISIN:        NL0009538008                                  
WKN:         A1CUJD                                        
Listed:      Freiverkehr in München (m:access), Stuttgart  
 
 
End of News    DGAP News-Service  
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