07/29/2014

ALLGEIER SE / Key word(s): Half Year Results29.07.2014 14:35Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP – a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.—————————————————————————Munich, 29 July 2014 – Allgeier SE (ISIN DE0005086300, WKN 508630) reportsa stable revenue trend during the first six months of the 2014 financialyear (1 January 2014 – 30 June 2014), according to preliminary figures.EBITDA as reported on a preliminary basis fell slightly due to the businesstrend in the Experts segment. The two other segments reported significantgrowth in part, by contrast. Preliminary consolidated revenue, includingdiscontinued operations, remained nearly unchanged at EUR 226.6 million inthe first half-year of 2014 compared with the first six months of 2013 (EUR227.3 million). Preliminary EBITDA, including discontinued operations, fellby 7 percent to EUR 11.5 million in a year-on-year comparison (previousyear: EUR 12.3 million). Accordingly, preliminary earnings before interestand tax (EBIT), including discontinued operations, dropped to EUR 5.0million (previous year: EUR 6.2 million). Preliminary earnings before tax(EBT), including discontinued operations, at EUR 3.3 million almost reachedthe result of the prior-year period (previous year: EUR 3.5 million). Afterdeduction of preliminary tax expenses of EUR 1.5 million (previous year:EUR 1.4 million), Allgeier generated a preliminary profit of EUR 1.8million in the first half-year of 2014 (previous year: EUR 2.1 million).Preliminary revenue generated by continuing operations (excludingdiscontinued operations) stood at EUR 202.4 million in the first half-yearof 2014 (previous year: EUR 202.9 million). Preliminary EBITDA fromcontinuing operations (excluding discontinued operations) posted EUR 10.7million during the period under review (previous year: EUR 11.8 million).This business area, which is reported as a discontinued operation in thehalf-year figures, is being deconsolidated in July 2014. The Allgeier Groupanticipates a disposal gain of around EUR 1 million from the sale of thisbusiness.Total assets decreased slightly in the first half year of 2014 to EUR 283.2million as of 30 June 2014 (31 December 2013: EUR 289.3 million), accordingto preliminary figures. The reduction in total assets is essentiallyattributable to seasonal and reporting-date-related working capitalfluctuations, outgoing payments as part of acquisition activities occurredduring the first half-year of 2014, as well as the payment to theshareholders of Allgeier SE of the dividend from the earnings for the 2013fiscal year. The Allgeier Group had cash and cash equivalents of EUR 35.0million as of the balance sheet date at its disposal (31 December 2013: EUR46.7 million). Current and non-current financial liabilities increased toEUR 77.9 million as of 30 June 2014 (31 December 2013: EUR 75.5 million).Consolidated equity reported a slight reduction to EUR 93.3 million as of30 June 2014 (31 December 2013: EUR 94.7 million).The 2014 half-yearly financial report of Allgeier SE will be published onAugust 14, 2014, and can then be viewed at www.allgeier.com.Contact:Allgeier SEDr. Christopher GroßeWehrlestraße 1281679 Munich, GermanyTel.: +49 (0)89/998421-0Fax: +49 (0)89/998421-11E-mail: ir@allgeier.comWeb: www.allgeier.comAllgeier SE is one of the leading IT companies for Business Performancetoday: Allgeier combines the advantages of an international provider withthe merits of medium-sized companies with a growth strategy orientedconsistently to innovations and future trends, and an integrative businessmodel. Operating divisions, each with their individual specialist orsector-related focal points, work together for more than 2,000 customersfrom almost all sectors. With more than 4,600 salaried employees and over1,300 freelance IT experts, Allgeier, as a one-stop shop, offers customersa comprehensive portfolio of solutions and services. Allgeier’s customersinclude globally operating groups as well as innovative medium-sizedoperations that wish to secure strategic advantages through high-performingIT solutions, intelligent software and flexible personnel services. Thishigh-growth company, which is based in Munich, Germany, operates at morethan 90 sites in the German-speaking region, and at further locations inthe rest of Europe, as well as in India, Mexico and the USA. Allgeiergenerated EUR 478 million of revenue in 2013. Allgeier SE was ranked firstin the Lünendonk(R) List 2014 of “Leading German medium-sized IT consultingand system integration companies”. The Allgeier Experts Division ranksamong the top three IT personnel service-providers in Germany according tothe Lünendonk(R) 2013 market segment study “The market for recruiting,mediating and managing IT freelancers in Germany”. The company is listed onthe regular market of the Frankfurt Stock Exchange in the General Standardsegment (WKN 508630/ISIN DE0005086300). Further information is available onthe company’s website at: www.allgeier.com.29.07.2014 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: EnglishCompany: ALLGEIER SE Wehrlestraße 12 81679 München GermanyPhone: +49 (0) 89 – 99 84 21 0Fax: +49 (0) 89 – 99 84 21 11E-mail: info@allgeier.comInternet: http://www.allgeier.comISIN: DE0005086300WKN: 508630Indices: CDAXListed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service —————————————————————————