Gigaset AG

Earnings Release • Jan 31, 2011

News Details

Ad-hoc | 31 January 2011 09:12

ARQUES Industries AG: Gigaset on the move

ARQUES Industries AG / Key word(s): Final Results

31.01.2011 09:12

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At the end of the financial year it now appears that Gigaset Communication
GmbH will clearly exceed its published 2010 targets. With revenues of
approx. EUR 504 million, a booked EBITDA of just on EUR 51 million could be
shown in ongoing operations, due to outstanding year-end business. At the
ARQUES Industries AG general meeting in December 2010 the executive board
still expected an EBITDA of EUR 45 million. (+ 13%).

In comparison to the numbers of the previous year, 2009, the positive
development is even clearer. On the basis of revenues of EUR 491 million in
2009 and an EBITDA to the value of EUR 7.2 million in 2009, an improvement
in results of more than EUR 43 million could be achieved. (+ 608 %)

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Language: English
Company: ARQUES Industries AG
Arnulf Office Park - Arnulfstraße 37-39
80636 München
Deutschland
Phone: +49 89/255500-0
Fax: +49 89/255500-200
E-mail: klaus.franke@arques.de
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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