04/28/2014

ALLGEIER SE / Key word(s): Quarter Results28.04.2014 18:17Dissemination 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, 28 April 2014 – According to preliminary figures, Allgeier SE (ISINDE0005086300, WKN 508630) reports a stable development in the first threemonths of the financial year 2014 (1 January 2014 – 31 March 2014). TheGroup intends to divest part of its business, a decision reflected in thequarterly figures drawn up in accordance with IFRS as discontinuedoperations.Preliminary consolidated revenue, including discontinued operations, roseslightly by 1 percent to EUR 111.0 million in the first quarter of 2014compared with the first three months of 2013 (EUR 110.2 million).Preliminary EBITDA, including discontinued operations, climbed by 6 percentto EUR 5.1 million in a year-on-year comparison (previous year: EUR 4.8million). Preliminary earnings before interest and tax (EBIT), includingdiscontinued operations, advanced to EUR 2.0 million (previous year: EUR1.8 million). Earnings before tax (EBT) increased to EUR 1.3 million(previous year: EUR 1.0 million). After deduction of tax expenses of EUR0.6 million (previous year: EUR 0.5 million), Allgeier generated apreliminary profit of EUR 0.7 million in the first quarter of 2014(previous year: EUR 0.4 million). Revenue generated by continuingoperations (excluding discontinued operations) stood at EUR 100.4 millionin the first quarter of 2014 (previous year: EUR 98.6 million). EBITDA fromcontinuing operations (excluding discontinued operations) posted EUR 4.7million during the period under review (previous year: EUR 4.8 million).Equity had climbed to EUR 96.0 million by the reporting date of 31 March2014 (31 December 2013: EUR 94.7 million). The Allgeier Group had cash andcash equivalents of EUR 39.6 million as of 31 March 2014 (excludingdiscontinued operations) at its disposal (31 December 2013: EUR 46.7million). The lower level is largely attributable to a reduction in the useof the factoring of trade receivables and other changes in working capital.Current and non-current financial liabilities declined marginally to EUR75.2 million as of 31 March 2014 (31 December 2013: EUR 75.5 million). Thepreliminary balance sheet total stood at EUR 292.6 million as of 31 March2014 (31 December 2013: EUR 289.3 million).All the aforementioned IFRS figures are preliminary. The Interim Statementof Allgeier SE as of 31 March 2014 will be released on 15 May 2014 and canbe viewed at the company’s website under 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 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 available onthe company’s website at: www.allgeier.com.28.04.2014 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 —————————————————————————