17.10.2019 QSC AG  DE0005137004

DGAP-News: QSC AG: CFO Stefan Baustert to stand down at end of year following completion of transformation


DGAP-News: QSC AG / Key word(s): Personnel
QSC AG: CFO Stefan Baustert to stand down at end of year following completion of transformation

17.10.2019 / 07:30
The issuer is solely responsible for the content of this announcement.

QSC AG: CFO Stefan Baustert to stand down at end of year following completion of transformation

Cologne, 17 october 2019 - Now that the transformation of QSC AG is complete, based on mutual agreement Stefan Baustert (63) will be leaving the Company as of 31 December 2019.

As a member of QSC's Management Board, Baustert has been responsible for finance, personnel, central procurement and investor relations since January 2015. Upon arrival, he immediately launched a companywide restructuring and efficiency programme, one that has returned QSC to profitability and laid a key foundation for the Company's future profitable growth. With the successful sale of Plusnet GmbH in June 2019, all prerequisites have now been met for QSC to operate exclusively in growth markets with its Cloud, SAP and IoT competencies.

"Stefan Baustert acted with great consistency and vision to make QSC fit for a new era of growth. The Company is more leanly structured, free of debt and able to invest in high-potential markets and technologies. For that, we are extremely grateful to him", commented Dr. Bernd Schlobohm, Supervisory Board Chairman.

Baustert will be succeeded as of 1 January 2020 by Christoph Reif (39), who will act as plenipotentiary. Reif has headed the overall finance department since 2013 and is already a member of the management team. In particular, it was under his management that the spinoff of the telecommunications business and successful sale of Plusnet GmbH were smoothly implemented.

Consistent with QSC's efforts to streamline its management team, Christoph Reif will take on this new role in addition to his existing responsibilities.

"Christoph Reif has in recent years proven to be an excellent finance expert and is highly familiar with QSC's organisational structures. As a member of the management team, he also plays a crucial role in shaping the operating business. Precisely this combination of skills will be extremely valuable when it comes to QSC's proactive development looking forward", commented the Supervisory and Management Board with regard to the decision. "I very much look forward to working even more closely with Christoph Reif in future, and that on the customary basis of trust", remarked Jürgen Hermann, CEO of QSC AG, whose responsibilities on the Management Board will in future also include the finance department.

About QSC AG
QSC AG is digitalising the German SME sector and enabling its customers to enhance their business processes and business models with the utmost flexibility and efficiency. QSC has longstanding technological and application expertise in the fields of Cloud and Colocation, SAP and the Internet of Things. Its extensive service portfolio provides exactly what SME players need as they move into the digital age: from standardised pay-as-you-use services through to individualised full-range solutions for the retail, manufacturing and energy sectors. All services offer end-to-end quality and high security. QSC bases its relationships with customers on an entrepreneurial approach, a service-driven mindset and a desire to forge mutually beneficial partnerships. QSC AG is based in Cologne and has around 900 employees at locations throughout Germany.

Contact for enquiries:
Claudia Isringhaus
Head of Corporate Communications
T +49 221 669-8235


17.10.2019 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.

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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Cologne
Phone: +49-221-669-8724
Fax: +49-221-669-8009
E-mail: invest@qsc.de
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 891373

End of News DGAP News Service

891373  17.10.2019 


Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 455,70 431,44 402,44 385,98 357,87 366,84 238,05 145,00
EBITDA1,2 77,80 35,00 42,20 37,10 38,20 35,06 140,30 -4,65
EBITDA-Marge3 17,07 8,11 10,49 9,61 10,67 9,56 58,94 -3,21
EBIT1,4 26,50 -33,95 -11,14 -13,10 7,11 8,48 87,94 -11,85
EBIT-Marge5 5,82 -7,87 -2,77 -3,39 1,99 2,31 36,94 -8,17
Jahresüberschuss1 23,60 -33,92 -13,24 -25,05 5,12 3,28 73,54 -12,90
Netto-Marge6 5,18 -7,86 -3,29 -6,49 1,43 0,89 30,89 -8,90
Cashflow1,7 64,20 1,92 39,64 40,29 39,30 34,13 -17,71 -5,80
Ergebnis je Aktie8 0,19 -0,27 -0,11 -0,20 0,04 0,03 0,59 -0,10
Dividende8 0,10 0,10 0,03 0,03 0,03 0,03 0,03 0,03
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - 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: KPMG

WKN Kurs in € Einschätzung Börsenwert in Mio. €
513700 1,250 Kaufen 155,50
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
31,25 21,64 1,439 24,51
1,09 - 0,65 0,718
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
0,03 0,03 2,40 20.05.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2020 10.08.2020 09.11.2020 30.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-3,70% -0,08% 18,82% 0,00%
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