ALLGEIER SE / Key word(s): Quarter Results
05.05.2015 17:06
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Munich, May 4, 2015 - Allgeier SE (ISIN DE0005086300, WKN 508630) reports
both growth in its total operating revenue, and a fall in earnings as
expected as part of its planning, according to preliminary figures for the
first three months of its 2015 financial year (January 1, 2015 to March 31,
2015).
Preliminary total operating revenue generated across the entire Group
during the first quarter of 2015 grew by 10 percent compared with the first
three months of 2014 to reach EUR 114.1 million (prior-year continuing
operations: EUR 103.3 million). By contrast, preliminary operating EBITDA
(before extraordinary items and effects unrelated to the reporting period)
registered a year-on-year fall of 19 percent to EUR 4.4 million (prior-year
continuing operations: EUR 5.4 million). Investments in the business areas
in the IT Solutions division that were acquired in the second half of 2014
burdened EBITDA to the tune of EUR -0.8 million in the first quarter, as
planned. Preliminary EBITDA including extraordinary items and effects
unrelated to the reporting period amounted to EUR 2.7 million (previous
year: EUR 5.5 million), chiefly reflecting significantly higher
extraordinary items of EUR -1.7 million (previous year: EUR 0.1 million),
which were especially due to the impact of currency fluctuations on balance
sheet items measured on the reporting date. Preliminary EBIT (earnings
before interest and tax) of EUR -0.5 million were negative accordingly
(previous year: EUR 2.6 million).
Group revenue growth in the first quarter was slightly higher below the
line than planned. Operating EBITDA (before extraordinary items and effects
unrelated to the reporting period) lay more than 20 percent above planning
for the first quarter despite the year-on-year decline. This level of
extraordinary items was not planned. Due to operating earnings exceeding
budget, reported EBITDA nevertheless reached the planning level.
Outlook for Q2 2015
On the basis of its planning, the Management Board expects double-digit
year-on-year revenue growth for the second quarter of 2015. In contrast to
the first quarter, where a fall in earnings formed part of planning,
operating EBITDA (before extraordinary items and effects unrelated to the
reporting period) should grow at a double-digit rate in the second quarter
of 2015, according to Group planning.
Key balance sheet financials
Preliminary equity rose to EUR 105.4 million as of March 31, 2015 (December
31, 2014: EUR 100.7 million), with this growth being mainly due to the
effects of currency translation on equity. The Allgeier Group had liquid
assets of EUR 85.2 million (on the basis of preliminary figures) available
as of the balance sheet date (December 31, 2014: EUR 98.0 million). This
fall is chiefly attributable to the scheduled repayment of financial
liabilities in an amount of EUR 11.5 million. Current and non-current
financial liabilities have reduced accordingly to EUR 115.5 million as of
March 31, 2015 (December 31, 2014: EUR 125.2 million). Preliminary total
assets stood at EUR 340.0 million as of March 31, 2015 (December 31, 2014:
EUR 329.8 million).
All of the aforementioned IFRS figures are preliminary. The interim report
of Allgeier SE as of March 31, 2015 will be published on Friday, May 15,
2015, when it can be viewed at www.allgeier.com.
Contact:
Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Grosse
Wehrlestrasse 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
Email: ir@allgeier.com
Web: www.allgeier.com
Allgeier SE ist eines der führenden IT-Unternehmen für Business
Performance: Mit einer auf Innovationen und Zukunftstrends ausgerichteten
Wachstumsstrategie sowie einem integrativen unternehmerischen Modell
verbindet Allgeier die Vorteile eines internationalen Anbieters mit den
Tugenden mittelständischer Unternehmer. Operative Geschäftsbereiche mit
individuellen fachlichen oder branchenbezogenen Schwerpunkten arbeiten
gemeinsam für über 3.000 Kunden aus nahezu allen Branchen. Mit über 5.300
angestellten Mitarbeitern und mehr als 1.200 freiberuflichen Experten
bietet Allgeier den Kunden als One-Stop-Shop ein umfassendes Lösungs- und
Leistungsportfolio. Allgeier bildet mit einem hochflexiblen Delivery-Modell
das komplette IT-Leistungsspektrum von Onsite über Nearshore bis hin zu
Offshore ab: Mit einem starken Standbein in Indien werden Flexibilität und
höchste Skalierbarkeit der Leistungen sowie hochqualifiziertes
Expertenwissen in der High-End-Softwareentwicklung sichergestellt. Zu den
Kunden von Allgeier zählen global arbeitende Konzerne genauso wie
innovative mittelständische Betriebe, die sich durch leistungsstarke
IT-Lösungen, intelligente Software und flexible Personaldienstleistungen
strategische Vorteile sichern wollen. Die stark wachsende Gruppe mit
Hauptsitz in München verfügt über 100 Niederlassungen im deutschsprachigen
Raum, im übrigen Europa sowie in Indien, Singapur, Mexiko und den USA. 2014
erzielte Allgeier einen Umsatz von 428 Mio. Euro (fortgeführtes Geschäft).
Allgeier SE belegt in der Lünendonk(R)-Liste 2014 "Führende deutsche
mittelständische IT-Beratungs- und Systemintegrations-Unternehmen" den
ersten Platz. Allgeier Experts ist nach Lünendonk(R)-Marktsegmentstudie
2014 "Der Markt für Rekrutierung, Vermittlung und Steuerung von
IT-Freelancern in Deutschland" unter den TOP 3 IT-Personaldienstleistern in
Deutschland. Die Gesellschaft ist am Regulierten Markt der Frankfurter
Wertpapierbörse im General Standard gelistet (WKN 508630, ISIN
DE0005086300). Weitere Informationen unter: www.allgeier.com.
05.05.2015 The DGAP 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: ALLGEIER SE
WehrlestraÃe 12
81679 München
Germany
Phone: +49 (0) 89 - 99 84 21 0
Fax: +49 (0) 89 - 99 84 21 11
E-mail: info@allgeier.com
Internet: http://www.allgeier.com
ISIN: DE0005086300
WKN: 508630
Indices: CDAX
Listed: Regulated Market in Frankfurt (General Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Allgeier SE: Allgeier achieves double-digit growth in total operating revenue in Q1 2015
| Source: EQS Group AG