DGAP-Adhoc: Allgeier SE: Allgeier achieves double-digit growth in total operating revenue in Q1 2015

5/5/2015 ALLGEIER SE / Key word(s): Quarter Results 05.05.2015 17:06 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. --------------------------------------------------------------------------- Munich, May 4, 2015 - Allgeier SE (ISIN DE0005086300, WKN 508630) reports both growth in its total operating revenue, and a fall in earnings as expected as part of its planning, according to preliminary figures for the first three months of its 2015 financial year (January 1, 2015 to March 31, 2015). Preliminary total operating revenue generated across the entire Group during the first quarter of 2015 grew by 10 percent compared with the first three months of 2014 to reach EUR 114.1 million (prior-year continuing operations: EUR 103.3 million). By contrast, preliminary operating EBITDA (before extraordinary items and effects unrelated to the reporting period) registered a year-on-year fall of 19 percent to EUR 4.4 million (prior-year continuing operations: EUR 5.4 million). Investments in the business areas in the IT Solutions division that were acquired in the second half of 2014 burdened EBITDA to the tune of EUR -0.8 million in the first quarter, as planned. Preliminary EBITDA including extraordinary items and effects unrelated to the reporting period amounted to EUR 2.7 million (previous year: EUR 5.5 million), chiefly reflecting significantly higher extraordinary items of EUR -1.7 million (previous year: EUR 0.1 million), which were especially due to the impact of currency fluctuations on balance sheet items measured on the reporting date. Preliminary EBIT (earnings before interest and tax) of EUR -0.5 million were negative accordingly (previous year: EUR 2.6 million). Group revenue growth in the first quarter was slightly higher below the line than planned. Operating EBITDA (before extraordinary items and effects unrelated to the reporting period) lay more than 20 percent above planning for the first quarter despite the year-on-year decline. This level of extraordinary items was not planned. Due to operating earnings exceeding budget, reported EBITDA nevertheless reached the planning level. Outlook for Q2 2015 On the basis of its planning, the Management Board expects double-digit year-on-year revenue growth for the second quarter of 2015. In contrast to the first quarter, where a fall in earnings formed part of planning, operating EBITDA (before extraordinary items and effects unrelated to the reporting period) should grow at a double-digit rate in the second quarter of 2015, according to Group planning. Key balance sheet financials Preliminary equity rose to EUR 105.4 million as of March 31, 2015 (December 31, 2014: EUR 100.7 million), with this growth being mainly due to the effects of currency translation on equity. The Allgeier Group had liquid assets of EUR 85.2 million (on the basis of preliminary figures) available as of the balance sheet date (December 31, 2014: EUR 98.0 million). This fall is chiefly attributable to the scheduled repayment of financial liabilities in an amount of EUR 11.5 million. Current and non-current financial liabilities have reduced accordingly to EUR 115.5 million as of March 31, 2015 (December 31, 2014: EUR 125.2 million). Preliminary total assets stood at EUR 340.0 million as of March 31, 2015 (December 31, 2014: EUR 329.8 million). All of the aforementioned IFRS figures are preliminary. The interim report of Allgeier SE as of March 31, 2015 will be published on Friday, May 15, 2015, when it can be viewed at www.allgeier.com. Contact: Allgeier SE Corporate Communications & Investor Relations Dr. Christopher Grosse Wehrlestrasse 12 81679 Munich Tel.: +49 (0)89/998421-0 Fax: +49 (0)89/998421-11 Email: ir@allgeier.com Web: www.allgeier.com Allgeier SE ist eines der führenden IT-Unternehmen für Business Performance: Mit einer auf Innovationen und Zukunftstrends ausgerichteten Wachstumsstrategie sowie einem integrativen unternehmerischen Modell verbindet Allgeier die Vorteile eines internationalen Anbieters mit den Tugenden mittelständischer Unternehmer. Operative Geschäftsbereiche mit individuellen fachlichen oder branchenbezogenen Schwerpunkten arbeiten gemeinsam für über 3.000 Kunden aus nahezu allen Branchen. Mit über 5.300 angestellten Mitarbeitern und mehr als 1.200 freiberuflichen Experten bietet Allgeier den Kunden als One-Stop-Shop ein umfassendes Lösungs- und Leistungsportfolio. Allgeier bildet mit einem hochflexiblen Delivery-Modell das komplette IT-Leistungsspektrum von Onsite über Nearshore bis hin zu Offshore ab: Mit einem starken Standbein in Indien werden Flexibilität und höchste Skalierbarkeit der Leistungen sowie hochqualifiziertes Expertenwissen in der High-End-Softwareentwicklung sichergestellt. Zu den Kunden von Allgeier zählen global arbeitende Konzerne genauso wie innovative mittelständische Betriebe, die sich durch leistungsstarke IT-Lösungen, intelligente Software und flexible Personaldienstleistungen strategische Vorteile sichern wollen. Die stark wachsende Gruppe mit Hauptsitz in München verfügt über 100 Niederlassungen im deutschsprachigen Raum, im übrigen Europa sowie in Indien, Singapur, Mexiko und den USA. 2014 erzielte Allgeier einen Umsatz von 428 Mio. Euro (fortgeführtes Geschäft). Allgeier SE belegt in der Lünendonk(R)-Liste 2014 "Führende deutsche mittelständische IT-Beratungs- und Systemintegrations-Unternehmen" den ersten Platz. Allgeier Experts ist nach Lünendonk(R)-Marktsegmentstudie 2014 "Der Markt für Rekrutierung, Vermittlung und Steuerung von IT-Freelancern in Deutschland" unter den TOP 3 IT-Personaldienstleistern in Deutschland. Die Gesellschaft ist am Regulierten Markt der Frankfurter Wertpapierbörse im General Standard gelistet (WKN 508630, ISIN DE0005086300). Weitere Informationen unter: www.allgeier.com. 05.05.2015 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: ALLGEIER SE Wehrlestraße 12 81679 München Germany Phone: +49 (0) 89 - 99 84 21 0 Fax: +49 (0) 89 - 99 84 21 11 E-mail: info@allgeier.com Internet: http://www.allgeier.com ISIN: DE0005086300 WKN: 508630 Indices: CDAX Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

distributed by