22.03.2018 11880 Solutions AG  DE0005118806

DGAP-News: 11880 Solutions AG successfully continued restructuring in 2017 financial year: EBITDA improved, costs reduced further, 5,000 new customers acquired


 
DGAP-News: 11880 Solutions AG / Key word(s): Final Results 11880 Solutions AG successfully continued restructuring in 2017 financial year: EBITDA improved, costs reduced further, 5,000 new customers acquired 22.03.2018 / 08:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Essen, 22 March 2018 - 11880 Solutions AG successfully continued its essential restructuring process during the 2017 financial year and remains on course for growth, after improving EBITDA and reducing costs once again. In the Digital business, the Company acquired approximately 5,000 net new customers for the first time in its history. 11880 Solutions AG generated EBITDA of EUR -2.3 million in 2017 (2016: EUR -2.7 million), with revenue totaling EUR 41.3 million (2016: EUR 44.7 million). Of this figure, EUR 26.9 million (2016: EUR 28.5 million) was attributable to the Digital business and EUR 14.4 million (2016: EUR 16.2 million) to Directory Assistance. Although deferred revenue means that the high number of new customers acquired is not yet reflected in the revenue figure for 2017, this will have a noticeable effect in 2018. Earnings were primarily impacted by non-recurring restructuring costs arising from events such as the site closure in Munich and personnel measures at all sites. Selling and distribution costs were reduced by 16 percent to EUR 14.9 million in the 2017 financial year (2016: EUR 17.8 million), while administrative expenses were down 13 percent on the previous year to EUR 9.8 million (2016: EUR 11.3 million). "The restructuring of our company is largely complete and will only impact our cash flow in the first few months of the current year," said CEO Christian Maar. "We are now turning our attention back to growth. The new product portfolio has been very well received by small and medium-sized companies and will be expanded further to include several promising features this year. Our aim is to end the current financial year with EBITDA at break-even or higher." 11880 Solutions AG expects revenue of between EUR 39.8 and 43.2 million and EBITDA between EUR 0.4 and 2.4 million for the 2018 financial year. With more than 1,500 new customers already added in the Digital business since the beginning of the year, the Company has a good chance of achieving its ambitious target. The 2017 annual report of 11880 Solutions AG is available at: https://ir.11880.com/english/reports Contact: Anja Meyer 11880 Solutions AG Tel.: 089/ 8954-1188 Fax: 089/ 8954-1189 E-Mail: [email protected] --------------------------------------------------------------------------- 22.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: 11880 Solutions AG Kruppstraße 74 45145 Essen Germany Phone: 0395 - 560 99 - 0 E-mail: [email protected] Internet: www.11880.com ISIN: DE0005118806 WKN: 511880 Indices: Prime All Share Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 667231 22.03.2018


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 41,27 42,92 47,67 50,80 56,53 56,02 61,00
EBITDA1,2 -2,30 0,98 2,76 2,97 5,84 2,38 3,30
EBITDA-Marge3 -5,57 2,28 5,79 5,85 10,33 4,25
EBIT1,4 -10,09 -3,05 -2,11 -2,66 -0,33 -3,37 -2,40
EBIT-Marge5 -24,45 -7,11 -4,43 -5,24 -0,58 -6,02 -3,93
Jahresüberschuss1 -9,63 -3,11 -3,18 -2,31 1,04 -3,49 -2,80
Netto-Marge6 -23,33 -7,25 -6,67 -4,55 1,84 -6,23 -4,59
Cashflow1,7 -2,51 1,26 4,40 2,47 4,24 -0,30 0,00
Ergebnis je Aktie8 -0,50 -0,16 -0,16 -0,10 0,04 -0,14 -0,13
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
11880 Solutions
WKN Kurs in € Einschätzung Börsenwert in Mio. €
511880 0,705 Halten 18,49
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
35,25 39,25 0,90 -2,60
KBV KCV KUV EV/EBITDA
3,87 - 0,33 7,25
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 19.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2024 09.11.2023 10.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,98% -13,60% -6,62% -32,21%
    
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