EANS-Adhoc: adesso AG jump in profitability for the third quarter of 2012 due
to high license sales and higher earnings contributed by the IT services segment
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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Quarterly results
31.10.2012
Based on current figures, adesso AG expects increased sales and a significantly
higher operating result in the third quarter of 2012. With sales revenues in the
range of EUR 30 million, EBITDA in excess of EUR 2.5 million is expected
(Q2/2012: EUR 0.1 million, prior year: EUR 1.8 million). Even though the
adjusted 2012 forecast already calls for a significant improvement in earnings
for the second half of the year, the magnitude that is now apparent exceeds the
budget for the third quarter. The EBITDA forecast for the second half of the
year is highly likely to be exceeded on this basis.
This positive development is mainly driven by high license sales for the
in-house developed content management system FirstSpirit to new customers,
realised at the end of the quarter, and success in restructuring the energy and
water management business. The margin in the IT services segment is also
improving due to a combination of a higher number of working days, profitable
fixed price projects and improved cost ratios.
The final figures for the third quarter of 2012 will be published via the
interim announcement on 13 November 2012.
The Executive Board
Further inquiry note:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 930-9330
E-Mail: ir@adesso.de
end of announcement euro adhoc
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issuer: adesso AG
Stockholmer Allee 24
D-44269 Dortmund
phone: +49 231 930-9330
FAX: +49 231 930-9331
mail: ir@adesso.de
WWW: http://www.adesso-group.de
sector: Computing & Information Technology
ISIN: DE000A0Z23Q5
indexes: CDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/general standard: Frankfurt
language: English