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Dortmund, 09.05.2014

Successful first quarter of 2014 for adesso AG




Based on the preliminary figures for the first quarter of 2014, adesso
generated sales of EUR 37.8 million and EBITDA of EUR 2.7 million. The
operating result rose by EUR 1.2 million year on year. Hence, within the
first quarter adesso has already achieved 30% of the operating result
forecast for the full year.

The Executive Board


Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 930-9330
E-Mail: ir@adesso.de


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Information and Explaination of the Issuer to this News:

Further information

Sales reached a new high and rose organically by 17% year on year. The main
growth factors were the dynamic development of the core business with
consulting, customised software development and enterprise mobility in
Germany, as well as major licence sales revenues with the
in-house-developed, high-end content management system FirstSpirit. With
capacity utilisation remaining average, this caused the operating EBITDA
margin to rise to 7.2% (previously: 4.6%, full-year 2013: 5.7%) despite
subsequent negative effects in Austria. Consolidated earnings came to EUR
1.3 million, up from EUR 0.7 million the previous year. Earnings per share
amounted to EUR 0.20 (previously: EUR 0.13). As of the end of the quarter,
adesso had liquid assets of EUR 18.5 million and net liquidity of EUR 13.7
million (previously: EUR 13.4 million).

The full interim announcement containing further disclosures on the basis
of the final figures will be published on 15 May 2014 and will be available
on the company website at www.adesso-group.de.

09.05.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      adesso AG
              Stockholmer Allee 24
              44269 Dortmund
              Germany
Phone:        +49 (0) 231 930-9330
Fax:          +49 (0) 231 930-9331
E-mail:       ir@adesso.de
Internet:     www.adesso-group.de
ISIN:         DE000A0Z23Q5
WKN:          A0Z23Q
Listed:       Regulierter Markt in Berlin, Düsseldorf, Frankfurt (General
              Standard), Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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