08/14/2013

ALLGEIER SE / Key word(s): Half Year Results14.08.2013 14:54Dissemination 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, August 14, 2013 – Allgeier SE (ISIN DE0005086300, WKN 508630)reports further revenue and earnings growth in the first half of 2013(January 1, 2013 – June 30, 2013). Consequently, Allgeier continued toreport growth during the first half of 2013 and further bolstered itscompetitive position.Revenue in the first half of 2013 grew to EUR 227.3 million, up 20 percentcompared with the first six months of 2012 (previous year: EUR 190.1million). Both operating growth and the corporate acquisitions that havebeen realized in the past years drove this earnings growth. All threeAllgeier operating segments reported operating growth in this context.EBITDA grew by 24 percent year-on-year to reach EUR 12.3 million (previousyear: EUR 9.9 million). EBIT (earnings before interest and taxes) increasedby 88 percent to EUR 6.2 million in the period under review (previous year:EUR 3.3 million). The EBIT growth reflects a drop in amortization chargesarising from the purchase price allocation. Despite this decline inamortization charges, the EBIT earnings figure continued to be impacted inby the amortization charges applied to IFRS purchase price allocationspursuant (amortization of order book positions, customer bases andproducts), which comprise most of the amortization and depreciation of EUR6.1 million (previous year: EUR 6.6 million). Interest expenses of EUR 2.7million remained at the level in the comparable prior-year period. Afterinterest, Allgeier reported a 441 percent increase in EBT (earnings beforetax) to EUR 3.5 million in the first six months of 2013 (previous year: EUR0.6 million). After deducting EUR 1.4 million of tax expenses (previousyear: EUR -0.6 million), Allgeier consequently achieved EUR 2.1 million ofnet income in the first half of 2013 (previous year: EUR 0.0 million).Basic earnings per share, calculated on the basis of the half-yearlyearnings reduced to reflect the share of earnings attributable tonon-controlling shareholders, rose to EUR 0.24 in the first half of 2013(previous year: EUR -0.03).The total assets of the Allgeier Group were down slightly from EUR 289.6million on December 31, 2012 to EUR 283.3 million on June 30, 2013. Thedividend payout and outgoing payments as part of acquisition activitiescomprise the main reasons for this reduction in total assets. Equityreduced accordingly to EUR 88.0 million as of the balance sheet date(December 31, 2012: EUR 93.4 million). The Allgeier Group reports liquidassets of EUR 30.8 million as of June 30, 2013 (December 31, 2012: EUR 38.9million). Cash flow from operating activities grew to EUR 4.3 million inthe period under review (previous year: EUR 3.4 million).The 2013 half-yearly report of Allgeier SE will be published today, August14, 2013, and can be viewed at www.allgeier.com.Contact:Allgeier SECorporate Communications & Investor RelationsDr. Christopher GrosseWehrlestrasse 1281679 MunichTel.: +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. Six 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 4,300 salaried employees and around1,400 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 423 million of revenue in 2012. Allgeier SE was ranked firstin the Lünendonk(R) List 2013 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 availableon the company’s website at: www.allgeier.com.14.08.2013 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 —————————————————————————