03/27/2013

ALLGEIER SE / Key word(s): Preliminary Results27.03.2013 16:05Dissemination 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, March 26, 2013 – Allgeier SE (ISIN DE0005086300, WKN 508630) onceagain reports significant growth in its 2012 financial year (January 1,2012 to December 31, 2012), according to preliminary results. IFRSconsolidated revenue was up by EUR 44 million to EUR 423 million (previousyear: EUR 379 million), representing 12 percent growth.Consolidated EBITDA grew 3 percent to EUR 22.9 million (previous year: EUR22.3 million). EBITDA generated by its operating divisions (before holdingcompany costs) increased by 16 percent to EUR 31.3 million (previous year:EUR 26.9 million). Consolidated EBIT (earnings before interest and tax) ofEUR 9.1 million was weaker than in the previous year (previous year: EUR12.0 million). EBIT generated by the operating divisions (before holdingcompany costs) increased by 5 percent to EUR 17.5 million (previous year:EUR 16.6 million). Earnings in the 2012 financial year included EUR 9.5million of extraordinary items (previous year: EUR 7.0 million). IFRSamortization applied to purchase price allocations (in other words,amortization applied to order book positions, customer bases and products)resulting from the acquisition activity comprised the largest effect. Suchcharges were up by EUR 2.3 million to EUR 9.5 million (previous year: EUR7.2 million).Outside the scope of continuing operations, the Allgeier Group alsorealized EUR 5.1 million of earnings before tax from the valuation ofongoing claims and risks arising from the Personnel Services division,which was sold in 2008. Together with the EUR 6.1 million of earningsbefore tax from the continuing operations, the Group consequently generatedEUR 11.3 million of earnings before tax (previous year: EUR 9.5 million).After deducting all taxes on income, the Group achieved EUR 8.8 million ofnet income from both its discontinued and continuing operations, up by EUR3.5 million compared with the previous year’s EUR 5.3 million.Including the business that was sold, earnings per share rose by 91 percentfrom EUR 0.52 in 2011 to EUR 1.00 in the reporting year. Earnings per shareafter adjusting for amortization related to acquisition activity and otherextraordinary items were up by 47 percent to EUR 1.85 (previous year: EUR1.27).Equity increased by EUR 5.2 million to EUR 93.4 million as of December 31,2012 (previous year: EUR 88.2 million). The Allgeier Group reported EUR38.9 million of liquid assets at its disposal as of December 31, 2012(previous year: EUR 31.9 million). Current and non-current finance debtincreased to EUR 73.8 million as of December 31, 2012 (previous year: EUR41.4 million including liabilities arising from participation rights).Total assets rose to EUR 289.6 million (previous year: EUR 242.1 million).The main factors for the changes in the consolidated balance sheet includedthe acquisitions of tecops personal GmbH and five further companies in thefinancial year under review, the borrower’s note loan in a net amount ofEUR 69.0 million that was placed on the capital market in February 2012,the repayment of an existing short-term bank loan in an amount of EUR 19.0million, and the redemption of the on-balance sheet ABS program of EUR 10.6million through off-balance sheet factoring of customer receivables in thesame amount.All of the IFRS figures referred to are preliminary, and have not yet beenfinally audited. Contact:Allgeier SEDr. Christopher GrosseWehrlestrasse 1281679 MunichTel.: +49 (0)89/998421-0Fax: +49 (0)89/998421-11E-mail: ir@allgeier.comWeb: www.allgeier.comAllgeier SE, which is based in Munich, Germany, is one of the leading ITcompanies in the German-speaking region. With more than 4,200 salariedemployees and more than 1,500 freelance IT experts, Allgeier offerscustomers a complete service approach and a comprehensive portfolio ofsolutions and services. Operating divisions, each with their individualspecialist or sector-related focal points, work together for more than2,000 customers from almost all sectors. Allgeier combines the advantagesof an international IT company, such as product breadth, and strength interms of performance and processes, with the flexibility, expertise andcustomer-proximity of a powerful medium-sized-company provider. Thishigh-growth company currently operates at more than 90 sites in theGerman-speaking region, and at further locations in the rest of Europe, aswell as in India, Mexico and the USA. Allgeier generated EUR 423 million ofrevenue in 2012, according to preliminary figures. The company is listed onthe Regulated Market of the Frankfurt Stock Exchange in the GeneralStandard segment (WKN 508630 / ISIN DE0005086300). Further information isavailable on the company’s website at: www.allgeier.com.27.03.2013 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 —————————————————————————