11.11.2019 adesso AG  DE000A0Z23Q5

DGAP-News: Merger of smarthouse adesso financial solutions GmbH and adesso AG completes integration process in the Banking division


 

DGAP-News: adesso AG / Key word(s): Contract/Strategic Company Decision
Merger of smarthouse adesso financial solutions GmbH and adesso AG completes integration process in the Banking division

11.11.2019 / 11:44
The issuer is solely responsible for the content of this announcement.


Merger of smarthouse adesso financial solutions GmbH into adesso AG completes integration process in the Banking division

The subsidiary, which was fully acquired in 2016 as Smarthouse Media GmbH and subsequently renamed smarthouse adesso financial solutions, is set to form part of the Banking division within the adesso Group. The merger agreement was signed today.

smarthouse is a specialist provider of digitalisation solutions in the banking and finance industry and has worked closely with the Banking division at adesso AG since its acquisition. The activities and services centred on website and marketing solutions have been brought in line with the adesso portfolio, and employees have also been consolidated at the company's locations. Merging the business activities is the final step in the company's integration into the adesso Group and will facilitate the pooling of competencies.

smarthouse has successfully designed, developed and operated websites and applications with product and market data over the past few years. In doing so, it has contributed to the digitalisation of banks and stock markets. The merger will link adesso's technological and specialist expertise in the area of financial service provision even more closely with the IT project, product and service business of smarthouse, which focuses on international investment banking. This will allow adesso to strengthen its own portfolio and intensify its sales activities. The Executive Board of adesso AG only anticipates minimal integration efforts thanks to the close relationship with smarthouse adesso financial solutions GmbH and the already advanced integration of the company into the adesso solution portfolio.

The merger is set to take effect as at 1 January 2020. As the sole shareholder of smarthouse adesso financial solutions GmbH, no merger resolution is required by the acquiring company, adesso AG, pursuant to Section 62 (2) German Transformation Act (UmwG), provided the shareholders of adesso AG do not demand that an Annual Shareholders' Meeting be convened to adopt a resolution consenting to the merger. Shareholder information will be published in the German Federal Gazette once the certified merger agreement has been submitted.

 

adesso Group
With over 3,700 employees and annual sales of EUR 375.6 million in 2018, adesso Group is one of the largest German IT service providers and has outstanding opportunities for growth. At its own locations in Germany, other locations in Europe, Turkey and the USA as well as at numerous customer sites, adesso offers consulting and software development services for optimising core business processes. adesso also offers ready-to-use software products for standard applications. The development of an own, industry-specific product-portfolio opens up additional growth and earnings opportunities and is another key element of the adesso strategy. 2016 and 2018, adesso was awarded as the best employer in the german IT-sector.



Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: [email protected]


11.11.2019 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: adesso AG
Adessoplatz 1
44269 Dortmund
Germany
Phone: +49 231 7000-7000
Fax: +49 231 7000-1000
E-mail: [email protected]
Internet: www.adesso-group.de
ISIN: DE000A0Z23Q5
WKN: A0Z23Q
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; London
EQS News ID: 908841

 
End of News DGAP News Service

908841  11.11.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 196,45 260,41 321,59 375,47 449,70 523,38 607,00
EBITDA1,2 14,28 23,06 25,38 31,08 48,13 60,41 90,50
EBITDA-Marge3 7,27 8,86 7,89 8,28 10,70 11,54 14,91
EBIT1,4 9,41 16,71 17,19 21,98 25,54 34,23 60,00
EBIT-Marge5 4,79 6,42 5,35 5,85 5,68 6,54 9,89
Jahresüberschuss1 5,31 12,70 11,33 13,34 17,49 20,95 37,00
Netto-Marge6 2,70 4,88 3,52 3,55 3,89 4,00 6,10
Cashflow1,7 16,88 17,00 20,27 16,59 22,34 64,96 55,00
Ergebnis je Aktie8 0,82 2,14 1,79 2,30 2,82 3,39 6,20
Dividende8 0,30 0,36 0,40 0,45 0,47 0,52 0,57
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Adesso
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0Z23Q 155,000 Kaufen 960,01
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
31,00 24,37 1,27 80,94
KBV KCV KUV EV/EBITDA
9,63 14,78 1,83 16,19
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,47 0,52 0,34 27.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 30.08.2021 15.11.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
13,58% 38,02% 59,79% 172,89%
    
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IT-Services , A0Z23Q , ADN1 , XETR:ADN1