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ER - TELES AG Informationstechnologien: Powerful Q2 Growth Delivers Revenue Increase in First Half of 2014

Company: TELES AG Informationstechnologien Date: 2014-07-16 Language: English Register to download

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 News Details

Ad-hoc | 16 July 2014 12:47

#   

TELES AG Informationstechnologien: Powerful Q2 Growth Delivers Revenue Increase in First Half of 2014

**TELES AG Informationstechnologien  / Key word(s): Half Year Results**

16.07.2014 12:47

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The key data for TELES for the first half-year of 2014 at a glance

TELES Group      1/1/2013 - 30/6/2013     1/1/2014 - 30/6/2014     Change
(in kEUR)

Revenue          5,701                    5,894                    3 %

Gross Profit     3,371                    3,119                    -7 %

EBIT             -549                     -737                     -34 %

Berlin, 16 July, 2014. TELES AG Informationstechnologien, a technology
company, increased its revenues by eleven percent in the second quarter of
2014, resulting in an overall increase of 3 % compared to the previous
first half-year. The sales drop reported in Q1 has now been regained with
this improvement. Likewise, a 25 percent increase of the operating result
was reached in comparison to the second quarter of 2013.

The company continues to remain focused on its targets for the complete
year, with further growth expected as it aims for its operating result to
break even by yearend.

The complete HY1 2014 Financial Report will be available as of July 21,
2014 on http://www.teles.com/en/investor-relations/reports.

The Management Board
TELES AG Informationstechnologien


16.07.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      TELES AG Informationstechnologien
              Ernst-Reuter-Platz 8
              10587 Berlin
              Germany
Phone:        030-39928-00
Fax:          030-39928-01
E-mail:       IRInfo@teles.de
Internet:     http://www.teles.de
ISIN:         DE0007454902
WKN:          745490
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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