08/11/2011

ALLGEIER HOLDING AG / Key word(s): Half Year Results11.08.2011 12:36Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP – a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.—————————————————————————Munich, 11 August 2011 – Allgeier Holding AG (ISIN DE000508630 / WKN508630) has been able to significantly increase both sales and earnings inthe first half of 2011 (1 January 2011 – 30 June 2011).The group increased sales by 28% to EUR 171 million in the first half of2011, compared to the figure from the previous year of EUR 133.7 million.This increase is partly the result of organic growth of 17% in the firsthalf of the year (taking account of the assets acquired in two insolventcompanies: BSH Systemhaus GmbH and the IPS Information- und Prozesssystemebusiness division of MCE Computer Peripherie GmbH). In addition, sales werefurther boosted by the full consolidation of the BSR & Partner und Ternagroup companies, which were acquired in 2010. In June 2011, 1eEuropeSwitzerland AG, which was acquired in May, was also consolidated into thegroup of companies. During the first half year, EBITDA (earnings beforeinterest, taxes, depreciation and amortisation) grew by 69% to EUR 8.8million, compared with last year’s figure of EUR 5.2 million. EBITA(earnings before interest, taxes and amortisation on purchase priceallocations) grew by 79% to EUR 7.5 million, compared with last year’sfigure of EUR 4.2 million, while the EBIT (earnings before interest andtaxes) grew by 93% to EUR 5.2 million, up from EUR 2.7 million last year.In the second quarter (1 April 2011 – 30 June 2011), sales increased by 22%to EUR 87.6 million, up from last year’s figure of EUR 71.7 million. EBITgrew by 28% to EUR 3.2 million, compared with EUR 2.5 million in 2010),while EBIT grew by 18% to EUR 2.0 million from last year’s figure of EUR1.7 million. In the second quarter results were affected by the lowernumber of working days. Furthermore, one-off reorganisation costs wereincurred in one of the companies in the group amounting to EUR 150,000 inthe first quarter and to EUR 650,000 in the second quarter.The report on the first half of the year can be viewed at www.allgeier.com. Contact: Allgeier Holding AGWehrlestr. 1281679 MunichPhone: +49 (0)89/998421-0Fax: +49 (0)89/998421-11E-mail: ir@allgeier-holding.de Web: www.allgeier.comAllgeier Holding AG, with its headquarters in Munich, is one of the leadingconsultancy and service companies in the German-speaking countries. Withtheir units IT Solutions, IT Services & Recruiting and Project Solutions,Allgeier offers a comprehensive range of services from the initial conceptthrough implementation to the operation of IT landscapes. Allgeier Grouphas 16 operational subsidiaries with over 2,200 employees as well as morethan 1,400 freelance experts serving some 3,000 customers in virtuallyevery area of the economy. In Germany, the Group runs 52 subsidiaries aswell as 25 offices in Austria, Belgium, France, the Netherlands, Romania,Sweden, Switzerland and the Czech Republic as well as in India, Mexico andUnited States. During the 2010 financial year, Allgeier achieved sales ofEUR 308.7 million. According to Lünendonk’s market segment survey in 2010,Allgeier ranks no. 2 among the medium-sized IT service companies and no. 2among IT recruitment companies in Germany. The company is listed at theFrankfurt Stock Exchange.11.08.2011 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 HOLDING AG 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 —————————————————————————