REALTECH AG / Key word(s): Quarter Results 25.10.2013 12:00 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. --------------------------------------------------------------------------- *Group revenue down 3 % year-on-year *Consulting revenues down 2 % *Software business down 5 % *Operating profit (EBIT) at minus EUR 3.5 million Walldorf, October 25, 2013. According to provisional figures for the first nine months of 2013, REALTECH AG recorded a 3 % decrease in Group revenue at EUR 28.3 million year-on-year (first nine months of 2012: EUR 29.1 million). Revenue in the Consulting business area decreased by 2 % to EUR 19.9 million (EUR 20.2 million). Software revenues decreased by 5 % to EUR 8.4 million (EUR 8.9 million). Operating profit (EBIT) fell to minus EUR 3.5 million (EUR 0.0 million). This can essentially be attributed to lower than expected revenue, expenditure for the Timplify project as well as the economic situation of the individual subsidiaries. Furthermore, restructuring has also affected income. In addition to the targeted personnel and cost-cutting measures, restructuring particularly affect the termination of non-profitable business areas. Net income for the year decreased from minus EUR 0.7 million to minus EUR 4.1 million, corresponding to earnings per share of minus EUR 0.76 compared to minus EUR 0.13 in the previous year. 3rd quarter 2013: Group revenue decreased by 8 % compared to the same quarter in 2012 to EUR 9.4 million (third quarter of 2012: EUR 10.2 million). Consulting revenue decreased by 11 % to EUR 6.6 million (EUR 7.4 million). Software remained on a par with the previous year at EUR 2.8 million (EUR 2.8 million). Due to the effects and measures stated above, operating profit in this quarter fell year-on-year to minus EUR 0.8 million (minus EUR 0.9 million). Net income fell to EUR minus 1.1 million (EUR 0.8 million), resulting in earnings per share of minus EUR 0.20 (EUR 0.15). The Executive Board is currently implementing the necessary steps to steadily lead the company back to profitability. REALTECH is undergoing a transformation process shaped by the intensified horizontal integration of the Consulting and Software segments. REALTECH positions itself as a technology optimizer in the SAP field and focuses on its core business areas as well as on its traditional expertise - technology transfer in practice and the benefits to the customer. The Executive Board confirms the forecast of negative operating profit for 2013 in the low single-digit million range. REALTECH will be publishing its quarterly report for Q3/2013 on November 7, 2013. Contact: Volker Hensel REALTECH AG Industriestraße 39c D 69190 Walldorf Tel.: +49.6227.837.500 Fax: +49.6227.837.9134 25.10.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: REALTECH AG Industriestraße 39c 69190 Walldorf Germany Phone: +49 (0)6227 837-500 Fax: +49 (0)6227 837 9134 E-mail: [email protected] Internet: www.realtech.com ISIN: DE0007008906 WKN: 700890 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------