Corporate News


With the presentation of its 2017 consolidated financial statements, adesso outperforms the adjusted forecast / Increase in sales to EUR 321.6 million and in EBITDA to EUR 25.4 million sets new records / Increase in dividend to EUR 0.40 per share proposed / Positive outlook for 2018

After a good fourth quarter with new records in sales (EUR 88.1 million) and EBITDA (EUR 9.0 million), adesso AG ended 2017 on a positive note after a weak performance during the first half of the year. In the 20th anniversary year of adesso, organic growth was 19 % and underlines the strengths in innovation and growth. For the fifth year in a row, the Executive Board and the Supervisory Board proposed to increase the dividend to EUR 0.40 per share (+ 11 %) at the Annual Shareholders’ Meeting. With the continuation of the ambitious growth strategy and higher investments in the development of new products, 2018 is set to see both sales and EBITDA increase by at least 9 % respectively.



adesso recognised as Germany’s best employer among major companies in the ITC industry

IT service provider adesso AG has once again been recognised as the best employer in Germany’s ITC industry in the “Great Place to Work©” competition (Category: “Over 1,000 employees”). The awards in the sector-specific competition were presented last night in Munich. adesso also took fourth place in the 501 to 2,000 employee category of the cross-industry, Germany-wide company ranking, in which around 740 companies of all sizes and across all industries participated.



adesso increases its investment in com2m GmbH, expanding its activities in the internet of things as a future field of business

adesso AG has increased its investment in Dortmund-based com2m GmbH from a shareholding of 24.9 % to roughly 60 %. This investment of under EUR 1 million has taken place against the backdrop of dynamically developing demand for consulting and solutions within the context of the internet of things or “IoT” for short. In this way, adesso and com2m have already been able to gain their first major projects. com2m’s IoT platform plays a significant role in this respect, fulfilling new customer requirements with practical solutions and a results-based approach. For example, the application provides a basis to efficiently digitally connect machines and devices, and has been able to achieve a pleasingly high degree of maturity since the start of com2m’s collaboration with adesso at the beginning of 2016. As an alternative or basis for individual solutions, the platform can be used to set up applications quickly and easily. This makes it a much more affordable way to implement IoT solutions. It significantly reduces the initial hurdles in the way of digitalising services and processes.



adesso AG: Successful third quarter of 2017 with continuation of growth momentum and earnings rise

adesso AG further increased its sales revenues in the third quarter of 2017 compared to the prior quarter and the previous year. Operating earnings, EBITDA, were up on the figures recorded in the first two quarters of the year, as forecast. This was due to a significantly higher share of customer-billable hours as well as further licensing and maintenance proceeds from the in|sure product family.



adesso expands its portfolio of e-health solutions through the takeover of start-up medgineering

adesso AG has acquired 100% of the shares in medgineering GmbH, which is based in Halle (Westphalia). The company has developed a first-aider communication system for dispatch centres that notifies professional or voluntary first aiders in the immediate vicinity of an emergency as soon as an emergency doctor and ambulance are alerted. adesso will drive forward the country-wide expansion of the system to all dispatch centres in Germany on a revised technical basis. The purchase price was less than EUR 1 million. An earn-out agreement was also concluded with the former partner, who will continue to support the company in an advisory capacity. Potential revenue in Germany is less than EUR 10 million. The first positive contribution to earnings is expected in 2019.



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