Dortmund, 13.08.2015
adesso AG: Significant increases in sales and operating results in the second quarter of 2015 / Guidance for full year 2015 raised
adesso AG: Significant increases in sales and operating results in the second quarter of 2015 / Guidance for full year 2015 raised On the basis of preliminary figures, adesso AG boosted sales to a new quarterly record of EUR 44.9 million in the second quarter of 2015, thereby significantly increasing the quarterly operating result (EBITDA), at EUR 2.6 million, compared to both the previous year and the first quarter of the year. With sales revenues of EUR 87.0 million (+17 %) for the first half of the year, EBITDA amounted to EUR 4.2 million, up 26 % on the previous year's figure of EUR 3.3 million. Earnings per share rose by 75 % year on year in the first half of the year to EUR 0.20. This positive development of earnings was driven by higher and at times very high capacity utilisation in Germany, a gratifyingly high level of licence sales from both adesso insurance solutions and Content Solutions (FirstSpirit) as well as the full consolidation of PSLife GmbH (software for life insurance companies) after the shares in the company were increased to 100 % in the second quarter. The figures for the first half of the year pursuant to IFRS do not include effects from the acquisition of Born Informatik AG in Switzerland. The projected forecast for the year is raised based on the positive development in the second quarter, the currently high capacity utilisation together with the first time consolidation of Born Informatik AG from 01.07.2015. Now sales are expected between EUR 192 and 198 million (previously: EUR 166 to 171 million) and EBITDA between EUR 11.0 and 12.0 million (previously: EUR 9.8 to 10.5 million). Positive effects on the earnings per share from the acquisition of Born Informatik AG are only expected in subsequent years, due to write-offs of the order backlog and amortisation of customer bases together with financing costs pursuant to IFRS. According to the financial calendar, the complete consolidated half-year report, including final figures, will be published on 28.08.2015 and be available at www.adesso-group.de. Contact: Martin Möllmann Manager Investor Relations Tel.: +49 231 7000-7000 E-Mail: ir@adesso.de 13.08.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: adesso AG Stockholmer Allee 20 44269 Dortmund Germany Phone: +49 231 7000-7000 Fax: +49 231 7000-1000 E-mail: ir@adesso.de Internet: www.adesso-group.de ISIN: DE000A0Z23Q5 WKN: A0Z23Q Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Head of Investor Relations Martin Möllmann +49 231 7000-7000