13.03.2014
telegate AG DE0005118806
DGAP-News: telegate announces figures for 2013
DGAP-News: telegate AG / Key word(s): Final Results
telegate announces figures for 2013
13.03.2014 / 08:00
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*Digital business reaches profit zone in second half year and delivers
positive outlook for 2014
*Dividend payment proposal of EUR 0.40 per share
Munich / Planegg, 13 March 2014 - telegate today announced that in its
digital business it reached the profit zone in the second half year of the
2013 financial year and expects to further increase profit in the current
year.
At the Annual General Meeting on 25th of June 2014, both the Management
Board and the Supervisory Board will propose to pay a dividend of EUR 0.40
per share equivalent of EUR 7.6 million.
At the Group level, telegate met its EBITDA guidance of EUR 10 to 12
million for the 2013 financial year: EBITDA adjusted for non-recurring
effects decreased to EUR 10.5 million in 2013 from EUR 13.6 million the
previous year. The company generated revenues of EUR 72.3 million in 2013
(2012: EUR 86.6 million), its digital business already accounting for
nearly half of that figure (49 percent). The decrease is primarily due to
the continuous reduction in call volume in the telephone directory
assistance market. At EUR 37.0 million, revenues in this segment were 24
percent below the previous year (2012: EUR 48.8 million).
The digital business generated revenues of EUR 35.3 million in 2013 (2012:
EUR 37.8 million). Revenues in this segment slightly dropped down whereas
profitability increased by 79 per cent, because telegate very consciously
focussed on sales efficiency and customer loyalty. Therefore the company
could for the first time realise a profit of EUR 0.2 million on
EBITDA-basis adjusted for non-recurring effects. In its digital business,
the company expects this year a better continued improvement for both,
revenues and profitability compared to 2013.
For the 2014 financial year, telegate AG forecasts at group level an EBITDA
adjusted for non-recurring effects of EUR 7 to 9 million.
The 2013 annual report of telegate AG is available at:
http://www.telegate.com/htm/de/Investor_Relations/Geschaeftsberichte.htm
Contact:
Anja Meyer
telegate AG
Tel.: 089/ 8954-1188
Fax: 089/ 8954-1189
E-Mail: [email protected]
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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: [email protected]
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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