Corporate News

2015-05-13

adesso AG significantly increases sales revenues organically by 11 % in the first quarter of 2015 / Earnings impacted by investments and the license business

Interim announcement of adesso AG in accordance with Section 37 of the Securities Trade Act (WpHG)

adesso AG again increased sales revenues in the first quarter of 2015 compared to the previous quarter and year on year. Growth was mainly driven by the core business of consulting and tailor-made software development in Germany and Switzerland. The operating result (EBITDA) amounted to EUR 1.5 million after EUR 2.7 million in the first quarter of the previous year as a result of investments made by various business areas in the establishment of additional locations, among other things, as well as reduced license income. As in the previous year, the guidance for the full year expects significantly higher contributions to earnings in the second half of 2015.

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2015-03-30

adesso ends financial year 2014 with record sales and earnings

Growth strategy to continue

With today’s publication of the consolidated financial statements, adesso AG confirmed the increase in its profit guidance announced on 27 January 2015. With pure organic sales growth of 16 % to EUR 157 million and a 26 % increase in the operating result (EBITDA) of EUR 9.8 million, adesso set new records and clearly beat its targets. The Executive Board and Supervisory Board will propose a 19 % higher dividend of EUR 0.25 per share to the General Meeting. Against the backdrop of adesso’s growth initiatives, further increases in sales and earnings are targeted in 2015.

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2015-01-29

Andreas Prenneis joins adesso’s Executive Board

The IT service provider adesso extends its Executive Board to include Andreas Prenneis (49). The addition to the company’s top executive body reflects adesso’s rapid growth.

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2014-11-13

adesso AG: Successful first quarter of 2014 with sales, earnings and margin growth

Interim announcement of adesso AG in accordance with Section 37 of the Securities Trade Act (WpHG)

adesso AG considerably increased sales, earnings and margin in the first quarter of 2014 compared to the previous quarter and year on year. Sales revenues were increased by 18 % to EUR 37.8 million in the first three months of the year, in particular as a result of the continued dynamic and organic growth of core business activities in Germany. Improved earnings contributions from the project business as well as higher license sales revenues with own products led to a disproportionately high rise in the operating result of 86 % to EUR 2.7 million.

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2014-08-28

adesso AG increases sales and earnings year on year in the first half of 2014

With its Half-year Report adesso affirms the previously published preliminary figures. adesso Group increased sales in the first half of 2014 by 15 % year on year to a new high of EUR 74.6 million. All of this growth related to the organic expansion of existing business activities as well as new solutions and services. adesso once again had a higher growth-rate than the market. Consulting and tailor-made software development in Germany were chiefly responsible for this growth as well as services in the area of enterprise mobility. In a market environment that remains mainly positive, adesso won a great many significant orders in core markets as well as in new ventures. A second insurance customer for the highly innovative management solution for claims handling was obtained, doubling the amount of claims handled by 100,000 per year. In the first half year a new milestone in developing the adesso insurance solutions was reached by starting to develop a new contract management system for health insurance companies on a contractual basis. In the USA additional license deals were closed with new customers for the high-end content management system FirstSpirit. Sales in Austria and in Switzerland stayed only level though.

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