{"id":6469,"date":"2016-10-28T16:17:42","date_gmt":"2016-10-28T16:17:42","guid":{"rendered":"https:\/\/allgeier-se.seowerk.net\/?p=6469"},"modified":"2025-09-03T20:14:25","modified_gmt":"2025-09-03T18:14:25","slug":"allgeier-se-supervisory-board-approves-the-2015-financial-statements-and-proposes-dividend-q1-2016-revenue-and-earnings-growth","status":"publish","type":"post","link":"https:\/\/allgeier-se.seowerk.net\/en\/adhoc-announcements\/allgeier-se-supervisory-board-approves-the-2015-financial-statements-and-proposes-dividend-q1-2016-revenue-and-earnings-growth\/","title":{"rendered":"Allgeier SE: Supervisory Board approves the 2015 financial statements and proposes dividend; Q1 2016 revenue and earnings growth"},"content":{"rendered":"<pre>\n<b>ALLGEIER SE  \/ Key word(s): 9-month figures\/Quarter Results<\/b>\n\n28.10.2016 18:17\n\nDisclosure of an inside information according to Article 17 MAR,\ntransmitted by DGAP - a service of EQS Group AG.\nThe issuer is solely responsible for the content of this announcement.\n\n---------------------------------------------------------------------------\n\nMunich, 29 April 2016 - At its meeting today, the Supervisory Board of\nAllgeier SE (ISIN DE0005086300, WKN 508630) approved the audited separate\nand consolidated financial statements for Allgeier SE for the 2015\nfinancial year. The annual financial statements are thereby adopted. The\nfinalized consolidated figures essentially correspond to the preliminary\nfigures that were announced in an ad hoc release on 18 March 2016. The\nbusiness units that have been sold during the past financial year, b+m\nInformatik AG, Melsdorf, the Innsbruck-based terna Group, Austria, and the\nStorage division of Allgeier (Schweiz) AG, which is based in Thalwil,\nSwitzerland, are reported as discontinued operations. Munich-based Talentry\nGmbH is also reported under discontinued operations due to ongoing\nnegotiations about a modification to its shareholder base with a view to\nits strategic further development.\n\nRevenue and earnings trends (IFRS)\n\nThe sum of a total consolidated revenue from continuing and discontinued\noperations in the 2015 financial year elapsed (1 January 2015 to 31\nDecember 2015) rose by 9 per cent to EUR 498.9 million (previous year: EUR\n456.5 million). Adjusted consolidated EBITDA (EBITDA before effects that\nqualify operationally as extraordinary or as relating to other accounting\nperiods) from continuing and discontinued operations reported\ndisproportionately rapid year-on-year growth of 16 per cent to reach EUR\n29.3 million (previous year: EUR 25.3 million). Consolidated EBITDA\nincreased by 13 per cent to EUR 27.1 million during the period under review\n(previous year: EUR 24.0 million). Consolidated EBIT for the period stood\nat EUR 12.7 million, 20 per cent above the previous year's result (previous\nyear: EUR 10.5 million). Excluding disposal gains, the Group generated EUR\n8.8 million of earnings before tax (previous year: EUR 5.5 million). The\nAllgeier Group achieved EUR 10.0 million of income before tax from the\ndisposal of the divested business units. The expense for income taxes\n(excluding income taxes on the disposal gain) amounted to EUR 5.6 million\nin the reporting period (previous year: EUR 5.4 million). Consequently, the\nGroup generated earnings for the period (including the disposal gain) of\nEUR 12.8 million (previous year: EUR 2.6 million). Earnings per share for\nthe entire Allgeier Group amounts to EUR 1.39 for the 2015 reporting year\n(previous year: EUR 0.23).\n\nBusiness trends in continuing operations\n\nIn the Allgeier Group's continuing operations, IFRS consolidated revenue\nincreased to EUR 452.2 million during the 2015 financial year (previous\nyear continuing operations: EUR 384.2 million), reflecting 18 per cent\ngrowth. Adjusted consolidated EBITDA for continuing operations were up by\n11 per cent to EUR 25.3 million (previous year continuing operations: EUR\n22.8 million). Consolidated EBITDA in the continuing operations increased\nby 10 per cent to EUR 23.2 million in the reporting period (previous year\ncontinuing operations: EUR 21.0 million). Consolidated EBIT from continuing\noperations stood at EUR 10.3 million for the period under review (previous\nyear continuing operations: EUR 10.3 million). The Group generated EUR 6.3\nmillion of earnings before tax from its continuing operations (previous\nyear continuing operations: EUR 5.4 million). The results include EUR 0.3\nmillion of income from claims asserted against third parties abusing the\ncompany's software rights. Further cases of this type are being legally\nexamined and pursued, and can result in further income in the future in the\nsix or seven digit range. Earnings per share from the continuing operations\n(adjusted for amortization relating to acquisition activity, and with\nnormalized taxes) amounted to EUR 1.09 during the reporting year (previous\nyear: EUR 1.00).\n\n\u2003\nKey balance sheet financials as of 31 December 2015\n\nEquity stood at EUR 115.7 million as of the 31 December 2015 reporting date\n(previous year: EUR 100.7 million). The Allgeier Group had liquid assets\navailable of EUR 83.7 million as of the end of the 2015 financial year\n(previous year: EUR 98.0 million). Current and non-current financial\nliabilities have reduced to EUR 110.7 million as of the reporting date\n(previous year: EUR 125.2 million). Total assets amounted to EUR 328.0\nmillion as of the reporting date (previous year: EUR 329.8 million).\n\nApplication of profits\n\nThe Supervisory Board has today, 29 April 2016, passed a resolution to\npropose to the Annual General Meeting to distribute a dividend of EUR 0.70\nper share to the shareholders from the unappropriated net profit of EUR\n34,452,551.90 as of 31 December 2015, as reported in the annual financial\nstatements of Allgeier SE. The remaining unappropriated profit is to be\ncarried forward to a new account.\n\nQ1 2016 revenue and earnings trends\n\nIn the first quarter of 2016 (1 January 2016 to 31 March 2016), preliminary\ntotal operating revenue from continuing operations amounted to EUR 116.1\nmillion, up 14 per cent on the previous year's level (previous year\ncontinuing operations: EUR 101.7 million). This growth derives from organic\ngrowth and from the consolidation of companies that were not yet acquired,\nand consolidated, in the previous year's first quarter. Adjusted\nconsolidated EBITDA (EBITDA before effects that qualify operationally as\nextraordinary or relating to other accounting periods) from continuing and\ndiscontinued operations reported disproportionately rapid year-on-year\ngrowth of 22 per cent to EUR 4.7 million (previous year: EUR 3.8 million).\nAs no negative extraordinary effects, especially from currency\nfluctuations, were incurred as of the end of the first quarter 2016 - by\ncontrast with the previous year's first quarter - preliminary EBITDA for\nthe period stands at EUR 5.4 million (previous year continuing operations:\nEUR 2.2 million). Accordingly, preliminary EBIT from continuing operations\namounted to EUR 2.6 million (previous year continuing operations: EUR -0.5\nmillion).\n\nKey balance sheet financials as of March 31, 2016\n\nPreliminary equity amounted to EUR 114 million as of 31 March 2016\n(December 31, 2015: EUR 115.7 million). The Allgeier Group had liquid\nassets available of EUR 60.5 million (on the basis of preliminary figures)\nas of the balance sheet date (31 December 2015: EUR 83.7 million).\nPreliminary current and non-current financial liabilities amounted to EUR\n110.3 million as of 31 March 2016 (31 December 2015: EUR 110.7 million).\nPreliminary total assets stood at EUR 320 million as of 31 March 2016 (31\nDecember 2015: EUR 328.0 million).\n\nNote\n\nThe aforementioned previous year's results from continuing operations are\nnot comparable with the Allgeier 2014 Annual Report due to the restatement\nof the previous year to reflect the divested units. The IFRS figures for\nthe first quarter of 2016 are preliminary. The 2015 annual report will be\nissued today, 29 April 2016, and can be viewed at www.allgeier.com. An\ninterim report of Allgeier SE as of 31 March 2016 will be published on 17\nMay 2016, and can be viewed at www.allgeier.com.\n\nContact:\n\nAllgeier SE\nCorporate Communications &amp; Investor Relations\nDr. Christopher Grosse\nWehrlestrasse 12\n81679 Munich\nTel.: +49 (0)89\/998421-0\nFax: +49 (0)89\/998421-11\nEmail: ir@allgeier.com\nWeb: www.allgeier.com\n\nAllgeier SE is one of the leading IT companies for Business Performance:\nwith a growth strategy oriented to innovations and future trends, as well\nas an integrative business model, Allgeier combines the benefits of an\ninternational provider with the benefits and strengths of a medium-size\nbusiness operation. Operative business divisions with individual specialist\nor sector-related focuses work together for more than 3,000 customers from\nalmost all business sectors. With around 6,000 salaried employees and more\nthan 1,200 freelance experts, Allgeier offers its customers an extensive\none-stop-shop range of solutions and services. Drawing on a highly flexible\ndelivery model, Allgeier covers the entire IT service range from on-site\nthrough to nearshore and offshore: with a strong business pillar in India,\nthe company secures flexibility and maximum scalability of services, as\nwell as highly qualified high-end software development expertise. Allgeier\ncustomers include globally operating groups as well as innovative\nmedium-size business operations that aim to secure strategic advantages\nthrough high-performance IT solutions, intelligent software and flexible\npersonnel services. The rapidly-growing, Munich-based Group maintains more\nthan 90 branches in German-speaking countries, the rest of Europe, as well\nas in India, Singapore, Vietnam, Mexico and the USA. Allgeier generated EUR\n452 million of revenue in 2015 (continuing operations). Allgeier SE ranks\nfirst in the 2015 L\u00fcnendonk(R) list of \"Leading German Medium-Sized IT\nConsultants and System Integrators\". According to the L\u00fcnendonk(R) 2015\nmarket segment study \"The Market for Recruiting, Mediating and Managing IT\nFreelancers in Germany\", Allgeier Experts ranks among Germany's top three\nIT personnel service providers. Allgeier SE is listed on the Regulated\nMarket of the Frankfurt Stock Exchange (WKN 508630, ISIN DE0005086300). For\nmore information, visit: www.allgeier.com.\n\n\n28.10.2016 The DGAP Distribution Services include Regulatory Announcements,\nFinancial\/Corporate News and Press Releases.\nArchive at www.dgap.de\n\n---------------------------------------------------------------------------\n \nLanguage:     English\nCompany:      ALLGEIER SE\n              Wehrlestra\u00dfe 12\n              81679 M\u00fcnchen\n              Germany\nPhone:        +49 (0) 89 - 99 84 21 0\nFax:          +49 (0) 89 - 99 84 21 11\nE-mail:       info@allgeier.com\nInternet:     http:\/\/www.allgeier.com\nISIN:         DE0005086300\nWKN:          508630\nIndices:      CDAX\nListed:       Regulated Market in Frankfurt; Regulated Unofficial Market in\n              Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate\n              Exchange\n \nEnd of Announcement                             DGAP News-Service\n \n---------------------------------------------------------------------------\n\n<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Munich, 29 April 2016 &#8211; At its meeting today, the Supervisory Board of Allgeier SE (ISIN DE0005086300, WKN 508630) approved the audited separate and consolidated financial statements for Allgeier SE for the 2015 financial year. The annual financ<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[56],"class_list":["post-6469","post","type-post","status-publish","format-standard","hentry","category-adhoc-announcements","tag-adhoc-announcements"],"_links":{"self":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts\/6469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/comments?post=6469"}],"version-history":[{"count":4,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts\/6469\/revisions"}],"predecessor-version":[{"id":11117,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts\/6469\/revisions\/11117"}],"wp:attachment":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/media?parent=6469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/categories?post=6469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/tags?post=6469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}