Corporate News

2015-08-28

adesso AG’s sales and earnings increased year on year in the first half of 2015

With its Half-year Report, adesso largely affirms the previously published preliminary figures. adesso Group increased sales in the first half of 2015 by 17 % year on year to a new half-year high of EUR 87.0 million. This almost exclusively organic growth related to the expansion of existing business activities, particularly in Germany and Switzerland. adesso once again had a higher growth-rate than the market. Business with insurance companies, banks and health insurers, which is particularly important to adesso, increased further. There was also a leap in sales to public sector clients.

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2015-08-17

adesso develops new software for TÜV Rheinland that will be used by almost 2,000 employees for mobile and fixed-location services

Project volume in the low single-digit millions

adesso AG was awarded a contract from TÜV Rheinland to develop a new software system for its vehicle inspection business. In the future, all TÜV Rheinland inspection locations and mobile service units will use the new software solution to be developed by adesso when they carry out the regular vehicle inspections required by German law. The system will use the latest technology in order to meet TÜV Rheinland’s technical requirements and provide the flexibility required for rapid adaptation. The existing system, which has developed over a number of years, is being replaced because the underlying technology is outdated. The new system will offer an optimised user experience, greater reliability and improved efficiency, along with clearly defined processes. The software will be rolled out at the inspection locations from 2016.

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2015-06-24

adesso AG: Change in Management Board

Dr. Rüdiger Striemer will retire from adesso’s Executive Board at his own request effective 30 June 2015, however, remaining active for the company. His focus will be on the foreign subsidiaries in Switzerland, Austria and Turkey as well as on the activities in the lottery industry. In addition, Dr. Striemer will continue to be responsible for the corporate communications of adesso AG.

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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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