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Francotyp-Postalia Holding AG — Earnings Release 2012
Apr 25, 2013
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Earnings Release
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Corporate | 25 April 2013 07:35
Francotyp-Postalia Holding AG: FP Group achieves consolidated net result of EUR 4.0 million in 2012
Francotyp-Postalia Holding AG / Key word(s): Final Results/Final Results
25.04.2013 / 07:35
Corporate News
FP Group achieves consolidated net profit of EUR 4.0 million in 2012
– 2012 Annual Report confirms preliminary results
– FP Group reaffirms forecast for 2013 after a good start to the current financial year
– High demand for new PostBase franking system
Birkenwerder, 25 April 2013. Francotyp-Postalia Holding AG, the first multi-channel provider for mail communication, today published its 2012 Annual Report. In it, the Company confirms the preliminary results that it published at the end of February 2013, with the consolidated net profit of EUR 4.0 million turning out better than presented in the preliminary figures. In light of the positive start to the current financial year, the FP Group is also reaffirming its revenue and earnings forecasts for 2013 as a whole.
In 2012, the Company increased revenue by 3.9% to EUR 165.6 million compared with EUR 159.4 million in the previous year. Thanks to restructuring production and the set-up of a new production site in Wittenberge, EBITDA (earnings before interest, taxes, depreciation and amortisation) rose by 45.0% to EUR 19.0 million compared with EUR 13.1 million in the previous year. Consolidated net profit improved from EUR -4.6 million in 2011 to EUR 4.0 million, while earnings per share for 2012 moved up from EUR -0.27 in the previous year to EUR 0.27. The consolidated net result surpassed the value given in the preliminary figures by EUR 0.5 million. This is mainly attributable to a better tax result as deferred tax assets were lower than initially expected when the preliminary results were presented.
More than 10,000 PostBase franking systems already brought to the market
In addition to the new production site in Wittenberge, the Company also benefitted in 2012 from the successful market launch of the new PostBase franking system. The system was first introduced in the German home market and in the USA, the Company’s largest foreign market. Since the launch in March 2012, the FP Group has already sold or leased more than 10,000 PostBase machines on the market. PostBase is now also available in Austria, the UK and Canada, and launches are also being planned in other countries.
The high demand for PostBase played an important part in the FP Group’s good start to the current financial year. This was supported by a growing interest in the multi-channel services for modern mail communication. The services offered range from franking and inserting physical letters to mail consolidation and even hybrid and fully electronic mail via De-Mail. ‘Our strategy is paying off. This is reflected in how the product concept of the new franking system is taking off. 90 years of experience in mail communication has gone into this product,’ explains Hans Szymanski CEO & CFO of Francotyp-Postalia Holding AG. PostBase is distinguished by how easy it is to use and its ability to live up to the fast-paced demands of everyday office life. At the same time, it is extremely quiet to run and has an award-winning design. ‘Our customers appreciate the benefits of working with a partner such as FP. With our multi-channel products, we help our customers to optimise their mail communication.’
The Management Board is focusing its attention on sales this year. ‘We will increase our sales activities in Germany and put an emphasis on industry solutions,’ adds Andreas Drechsler, CSO of Francotyp-Postalia Holding AG. ‘On an international level, we want to expand our sales network further and thus boost the sales of PostBase and other FP solutions. I take the extremely positive reactions of our customers to our new products and solutions as a promising sign in this regard that we are on the right track.’
In light of the positive start to the current financial year, the FP Group is reaffirming the forecasts it published in February 2013 for the year as a whole. The Company anticipates revenue of at least EUR 168 million and EBITDA of at least EUR 22 million.
The quarterly report is due to be published on 23 May 2013.
Overview of the key figures:
| In EUR million | 2012 | 2011 | Change |
| Revenue | 165.6 | 159.4 | 3.9% |
| EBITDA | 19.0 | 13.1 | 45.0% |
| EBIT | 9.1 | -1.3 | n/a |
| Consolidated net profit | 4.0 | -4.6 | n/a |
| Earnings per share (in EUR) | 0.27 | -0.27 | n/a |
| Employees (as at 31 December) | 1,093 | 1,136 | -3.8% |
Contact
Francotyp-Postalia Holding AG
Corporate Communications
Sabina Prüser
Tel: +49 (0)3303 525 410
Fax: +49 (0)3303 53707 410
E-mail: [email protected]
About Francotyp-Postalia Holding AG
The FP Group is the first multi-channel provider for mail communication. The globally active company offers the entire range of products and solutions for business and private customers. In addition to standard machines for franking and inserting mail, its offering includes services such as the collection of business mail and innovative software solutions such as the fully electronic letter. The FP Group, based in Birkenwerder near Berlin, can therefore provide tailored multi-channel solutions. The Group currently operates its own branches in a number of industrialised countries and holds a global market share in franking machines of around 10%. With a history dating back over 85 years, the FP Group today benefits across all markets from the increasing liberalisation of postal markets and the readiness of companies to outsource their business mail to professional service providers. In the 2012 financial year, the company generated revenue of EUR 165.6 million. The FP Group employs around 1,100 people worldwide.
End of Corporate News
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| Language: | English |
| Company: | Francotyp-Postalia Holding AG |
| Triftweg 21-26 | |
| 16547 Birkenwerder | |
| Germany | |
| Phone: | +49 (0)3303 525 777 |
| Fax: | +49 (0)3303 53 70 77 77 |
| E-mail: | [email protected] |
| Internet: | www.francotyp.com |
| ISIN: | DE000FPH9000 |
| WKN: | FPH900 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
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| 208464 25.04.2013 |