QSC AG / Key word(s): Preliminary Results 11.03.2015 14:39 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- QSC foregoes separate statement of factoring in free cash flow Cologne, 11 March 2015. Upon publication of its preliminary results for the 2014 financial year on 23 February 2015, QSC reported a figure of EUR -13.9 million for its free cash flow (internal definition). This included a positive amount of EUR 11.0 million resulting from the separate statement of a factoring transaction in connection with the INFO AG takeover. In the course of finalising the annual financial statements, it has been decided to forego the separate statement of this item. Accordingly, the free cash flow amounted to EUR -24.9 million. This amendment has no implications for the Company's financial position, financial performance or cash flows or for its net debt as reported. For the current financial year, QSC continues to budget for a positive free cash flow figure, although implementation of the extensive cost-cutting and focusing programme will lead to inflows of liquidity, particularly in the second half of the year. QSC will be publishing its complete 2014 Annual Report on 31 March 2015. Enquiries to: QSC AG Arne Thull Head of Investor Relations Phone: +49 221 669-8724 E-mail: [email protected] 11.03.2015 The DGAP 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: QSC AG Mathias-Brüggen-Straße 55 50829 Köln Germany Phone: +49-221-6698-724 Fax: +49-221-6698-009 E-mail: [email protected] Internet: www.qsc.de ISIN: DE0005137004 WKN: 513700 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------