11 88 0 Solutions AG — Earnings Release 2014

Nov 6, 2014

News Details

Corporate | 6 November 2014 08:20

telegate AG announces nine-month figures: Digital business goes from strength to strength

DGAP-News: telegate AG / Key word(s): 9-month figures

06.11.2014 / 08:20

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Munich/Planegg, 6 November 2014 - telegate AG today announced consolidated
revenues of EUR 47.5 million for the first nine months of the 2014
financial year (9 months 2013: EUR 55.2 million). At EUR 26.1 million (9
months 2013: EUR 26.4 million) the digital business generated 55% of total
revenue in the reporting period (9 months 2013: 43%). "We are very
satisfied with our performance. Both profitability and customer
satisfaction improved significantly. Our focus in the next quarters will be
on further expanding our digital business," said Franz Peter Weber,
Spokesman of the telegate Management Board.

At Group level, EBITDA before non-recurring effects after the first nine
months of the current financial year came to EUR 6.8 million (9 months
2013: EUR 8.1 million). At the start of the year, telegate had forecast
EBITDA of EUR 7 to 9 million for 2014. The digital business generated
EBITDA before non-recurring effects of EUR 0.6 million from January to
September (9 months 2013: EUR -0.6 million); EBITDA before non-recurring
effects in the directory assistance service totalled EUR 6.2 million (9
months 2013: EUR 8.1 million).

In the first half year of 2014, telegate AG reviewed and optimised internal
processes. In the digital business, processes were simplified and made more
customer-friendly, and in the directory assistance business capacities were
adjusted to demand. In the upcoming 2015 financial year, the new Management
Board of telegate AG will increase its focus on generating additional
growth in the digital business. Attractive extra services will add even
more value for small and medium-sized enterprises.

The full 2014 nine-month report of telegate AG is available at:
http://www.telegate.com/investor-relations/english/reports.html

Contact:
Anja Meyer
telegate AG
Tel.: 089/ 8954-1188
Fax: 089/ 8954-1189
E-Mail: anja.meyer@telegate.com

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Language: English
Company: telegate AG
Fraunhofer Str. 12a
82152 Planegg-Martinsried
Germany
Phone: +49 089 - 89 54 0
Fax: +49 089 - 89 54 10 10
E-mail: info@telegate.de
Internet: www.telegate.com
ISIN: DE0005118806
WKN: 511880
Indices: Prime All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart

End of News DGAP News-Service

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