Corporate News


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.



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.



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.



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.



adesso hosting services receives large order from COGNOS AG

Individual order leads to sharp increase in sales for the company

The adesso subsidiary, adesso hosting services GmbH, established at the end of 2012 continues to perform well. The new order received by the private education group COGNOS AG will provide a considerable boost to monthly sales. adesso hosting services will assume the operation of COGNOS AG’s core business applications and provide them as services. The transition to the new infrastructure will be carried out in several stages and will be completed by the end of the summer. The companies of the education provider, which include the renowned Fresenius University of Applied Sciences, will then have a scalable solution in a private cloud infrastructure.



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