DGAP-News

EQS Group AG has excellent 2013 fiscal year

EQS Group AG / Key word(s): Final Results/Change of Personnel

11.04.2014 08:30

Dissemination of a Corporate News, transmitted by DGAP - a company of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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EQS Group AG has excellent 2013 fiscal year
Change in Management Board: Robert Wirth to leave EQS Group at year's end


Munich - April 11, 2014

EQS Group AG (ISIN: DE0005494165) achieved excellent annual results for the
2013 fiscal year. Group revenue was EUR 15.829 million, representing an 11%
increase over the previous year. According to IFRS, EBIT was down slightly
by 2% to EUR 3.278 million. The Group's net profit was EUR 2.182 million,
equalling EUR 1.83 earnings per share.

For the period of October-December 2013, Group revenue was EUR 4.339
million. EBIT, according to IFRS, was EUR 1.331 million. The Group's net
profit for the fourth quarter was EUR .960 million, equalling EUR 0.81
earnings per share.

The Guidance issued at the start of 2013 regarding revenue was achieved,
marking a new reporting high. The EBIT, however, fell slightly short of
the prognosis due entirely to rent accruals for terminated office space in
conjunction with the Group's planned move to a new company headquarter in
Munich. Robust investment in the Group's expansion into Asia also had a
negative effect on operating results.

The EQS Group AG's board of directors and the supervisory board will
propose a dividend payment of EUR 0.75 per share (as was paid in 2013, as
well) at the general meeting on May 28, 2014.

Operating cash flow in the 2013 fiscal year is EUR 2.476 million (EUR 2.025
million), with an equity ratio of 78% on December 31, 2013, and liquid
assets equalling EUR 2.980 million.

Achim Weick, EQS Group AG's CEO states: "The 2013 business year was very
successful for us. We further solidified out dominant domestic market
position and continued our international expansion. Despite sizeable
investment in international growth, EQS Group operatively earned as much as
it did the previous year."

The Regulatory Information & News segment benefited from an 8% increase in
distribution volume compared to the previous year. As expected, DGAP
continued to be the first-choice supplier for statutory compliance services
for publicly-listed companies in 2013. EQS Group's successful acquisition
of euro adhoc's customer base in Germany and Switzerland showed positive
effects, adding over 200 news customers and expanding its market position
while stemming the negative trend of listed companies leaving the regulated