DGAP-Adhoc: TELES AG Informationstechnologien: Restructuring making clear progress: TELES achieves pre-tax breakeven

 | Source: EQS Group AG EQS Group AG 

TELES AG Informationstechnologien  / Key word(s): Quarter Results

21.10.2013 16:57

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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Restructuring making clear progress:
TELES achieves pre-tax breakeven

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

Overview of the corporate key figures of TELES for Q1-3 of 2013
(according to IFRS, unaudited)

<pre>

TELES Group      1/1/2012 - 30/9/2012     1/1/2013 - 30/9/2013     Change

(in mn EUR)
Turnover                         9.22                     7.90      -14 %
Gross Profit                     4.68                     4.55       -3 %
EBIT                            -2.47                    -1.18       52 %
EBT                             -2.45                     0.14      n. a.


</pre>

Berlin, October 21, 2013. The Berlin-based technology company TELES (ISIN:
DE0007454902) has achieved pre-tax breakeven in the first three quarters of
the current financial year. Pre-tax earnings (EBT) amount to EUR 0.14 mn
after a loss of EUR 2.45 mn in the corresponding period in the previous
year. Earnings Before Interest and Tax (EBIT) stand at minus EUR 1.18 mn.
Operating losses for the year have therefore halved.

Turnover went down to EUR 7.90 mn in the reporting period and therefore
fell by 14 percent by comparison with the same period in the previous year.
The modest turnover results are caused by delays to projects which have so
far not been fully compensated for.

The Management Board
TELES AG Informationstechnologien


21.10.2013 DGAP's Distribution Services include Regulatory Announcements,
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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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