Ad hoc Announcements

2013-05-13

adesso AG: Sales and earnings up year-on-year in the first quarter of 2013

On the basis of the preliminary figures for the first quarter of 2013, adesso AG increased sales revenues by 18 % year-on-year, from EUR 27.4 million to EUR 32.3 million. This was attributable to both Arithnea GmbH, which was only consolidated in the adesso Group from the second quarter 2012, as well as the rise in the volume of the consulting and software development business in Germany. The foundations for this trend were laid in the previous year by significantly increasing the employee headcount.

2013-03-08

adesso AG: Further growth in sales in the fourth quarter of 2012 / Preliminary operating earnings of EUR 2.4 million in Q4 and EUR 6.7 million for the full year exceed forecast / Dividend recommendation remains 0.18 € per share despite a yoy decrease in earnings

Based on the preliminary and unaudited figures for the fourth quarter of 2012, adesso closes this period with sales revenues rising further to EUR 32.7 million (Q3: EUR 31.6 million; previous year: EUR 26.9 million). Strong organic growth in the number of employees, especially in the first half of 2012, has laid the basis. Like in the previous quarter license sales for company-produced products remained on a high level. Together with a good capacity utilisation of consultants and developers this led to operating earnings (EBITDA) of EUR 2.4 m (Q3: EUR 2.9 million; previous year: EUR 1.4 million). With sales revenues of EUR 120.5 million for the full year 2012 adesso achieves EUR 6.7 million in EBITDA. Hence the forecast, revised with the preliminary figures for the first half of 2012, is being exceeded significantly. Regarding these figures and pending approval from the supervisory board the executive board recommends a dividend per share of EUR 0.18 as in the previous year.

2012-10-31

adesso AG / jump in profitability for the third quarter of 2012 due to high license sales and higher earnings contributed by the IT services segment

Based on current figures, adesso AG expects increased sales and a significantly higher operating result in the third quarter of 2012. With sales revenues in the range of EUR 30 million, EBITDA in excess of EUR 2.5 million is expected (Q2/2012: EUR 0.1 million, prior year: EUR 1.8 million). Even though the adjusted 2012 forecast already calls for a significant improvement in earnings for the second half of the year, the magnitude that is now apparent exceeds the budget for the third quarter. The EBITDA forecast for the second half of the year is highly likely to be exceeded on this basis.

2012-08-14

adesso AG: Earnings decrease despite rising sales in the second quarter, annual forecast is being reduced

Based on the preliminary figures for the second quarter of 2012, adesso closes the period with sales revenues rising further to EUR 28.9 million (Q1: EUR 27.4 million; previous year: EUR 26.0 million) and operating earnings (EBITDA) dropping to EUR 0.1 million (Q1: EUR 1.3 million; previous year: EUR 2.6 million). In the first half of the year, sales came to EUR 56.3 million (previous year: EUR 52.9 million) and EBITDA to EUR 1.4 million (previous year: EUR 5.3 million). The full year guidance is being reduced despite the expected earnings increase in the second half of the year.

2012-05-29

adesso will not continue developing the dynamic.suite product family

adesso AG will not continue developing the dynamic.suite product family for energy and water management in its present form and will cease financing dynamicutilities GmbH, the Group company commissioned to develop this product family. Further delays in module completion, in combination with a later market entry as well as the structural challenges recently determined by external experts, led to a revaluation of the opportunities and risks associated with continued investment in this product family.