11/06/2014

ALLGEIER SE / Key word(s): 9-month figures06.11.2014 11:52Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP – a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.—————————————————————————Munich, November 6, 2014 – Allgeier SE (ISIN DE0005086300, WKN 508630) isreporting a slight increase in its revenues during the first nine months ofthe 2014 financial year (January 1, 2014 – September 30, 2014) due to thesales trend during the third quarter of the year, following on from thestagnation during the first half of the year. These figures have beenprepared on a preliminary basis. Preliminary EBITDA was down year-on-year,however. The figures as of September 30, 2014 are affected by a furtherchange to the scope of consolidation: on October 30, 2014, Allgeierdivested a further part of its business – its Allgeier Benelux area(Allgeier N.V., Belgium, Allgeier Computer BV, Netherlands, Allgeier S.A.,Luxembourg, Allgeier Ltd., Cyprus, and ALLGEIER LİMİTED, Turkey) -reporting this division as part of discontinued operations in itsnine-month figures.Preliminary consolidated revenue from the continuing operations of EUR309.5 million during the first three quarters of 2014 represents slightgrowth compared with the first nine months of 2013 (continuing operationsprevious year: EUR 303.9 million). Preliminary EBITDA of EUR 19.3 millionfrom the continuing operations were below those in the equivalent period ofthe previous year (continuing operations previous year: EUR 21.3 million).Preliminary EBIT (earnings before interest and tax) amounted to EUR 10.2million from the continuing operations (continuing operations previousyear: EUR 13.1 million). The corresponding preliminary EBT (earnings beforetax) stood at EUR 8.1 million (continuing operations previous year: EUR 9.7million). After deducting EUR 3.1 million of tax expenses (continuingoperations prior-year: EUR 3.2 million), Allgeier generated EUR 5.1 millionof preliminary profit after tax from its continuing operations during thefirst nine months of 2014 (continuing operations previous year: EUR 6.5million). Due to the gain arising from the disposal that occurred beforethe September 30, 2014 reporting date, the overall Group reported apreliminary net profit of EUR 6.0 million, reflecting an increase comparedwith the previous year’s EUR 5.3 million.The complete deconsolidation of the business that is reported asdiscontinued operations in the nine-month figures will occur prospectivelyas of October 31, 2014.In the third quarter of 2014 (July 1, 2014 – September 30, 2014), the Groupcompanies of Allgeier SE grew their preliminary revenue in the continuingoperations to EUR 109.6 million (continuing operations prior year: EUR103.8 million). Preliminary EBITDA from continuing operations stood at EUR8.1 million (continuing operations previous year: EUR 8.8 million).Accordingly, preliminary EBIT from continuing operations amounted to EUR4.9 million (continuing operations prior year: EUR 6.2 million).On the basis of the preliminary nine-month figures, total assets of EUR282.3 million as of September 30, 2014, reflected a slight reductioncompared with the end of 2013 (December 31, 2013: EUR 289.3 million). Thisfall in total assets compared with December 31, 2013 is attributableprimarily to seasonal and reporting date-related fluctuations in workingcapital, the payment of the dividend on the profit for the 2013 financialyear to the shareholders of Allgeier SE in the second quarter, and the cashoutflows that occurred as part of acquisition activity during the firstthree quarters of 2014.The Allgeier Group held liquid assets of EUR 33.7 million (on the basis ofpreliminary figures) as of the balance sheet date (December 31, 2013: EUR50.3 million). Preliminary current and non-current financial liabilitieshave increased to EUR 81.6 million as of September 30, 2014 (December 31,2013: EUR 75.5 million). Preliminary consolidated equity rose to EUR 101.3million as of the end of the third quarter of 2014 (December 31, 2013: EUR94.7 million).All of the aforementioned IFRS figures are preliminary. The third-quarterinterim business report of Allgeier SE as of September 30, 2014 will bepublished on November 14, 2014, when it can be viewed at www.allgeier.com.Contact:Allgeier SECorporate Communications & Investor RelationsDr. 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 5,000 salaried employees and over1,200 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. In 2013Allgeier generated EUR 478 million of revenue. 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) 2014 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.06.11.2014 The DGAP 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 —————————————————————————