DGAP-News

EQS Group AG growth continues / Geographic expansion and an upswing on the IPO market driving business

EQS Group AG / Key word(s): Half Year Results/Quarter Results

28.08.2015 08:30

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

---------------------------------------------------------------------------

EQS Group AG growth continues / Geographic expansion and an upswing on the
IPO market driving business

Munich - 28 August 2015

EQS Group AG (ISIN: DE0005494165) continued to grow both domestically and
internationally in the second quarter, building on the strong start to the
year. Investments in geographic expansion are bearing fruit, even if there
are, as expected, short-term effects on profitability. In the first six
months of 2015, the company generated revenue of EUR8.995 million. This
represents a growth of 23% from the same period of the previous year.
Adjusted for revenues in the first four months for the Asian subsidiary
acquired at the end of April, growth was 13%. EBIT before scheduled
amortisation of the customer assets and before acquisition costs (Non-IFRS)
rose in the first six months of the year despite high expenditure for the
Asian expansion; it was up 9% to EUR1.251 million. The scalable business
model led to a 28% increase in EBIT to EUR1.078 million compared to last
year. Adjusted net income totalled EUR.757 million. Year-on-year adjusted
earnings per share were up from EUR0.47 to EUR.65.

In the second quarter, revenues totalled EUR4.788 million (+20%), adjusted
EBIT was down -11% to EUR.770 million and net income was down -20% to
EUR.387 million. Adjusted earnings per share for the period from April to
June were EUR.33 (previous year: EUR.40).

According to Achim Weick, CEO of EQS Group AG, "The first six months of the
year saw extremely positive developments for EQS Group AG. We were able
further to consolidate our leading position in the German-speaking
countries and significantly expand our international business. EQS Group
has emerged as a clear winner from the market consolidation that has been
ongoing since the financial crisis broke."

A very positive trend was the upswing on the IPO market in Germany. This
ensured that revenues in the Regulatory Information & News segment remained
steady despite an environment of delisting and downlisting on the domestic
market. Revenues in this segment amounted to EUR3.001 million (-1%) in the
first six months. EBIT rose by 20% to EUR.701 million, and non-IFRS EBIT by
4% to EUR.757 million.

New customers acquired in the IPOs also had a positive effect on the
Products & Services segment; another key performance driver was the new
Asian subsidiary EQS Asia Ltd. Revenues were up by 37% in the first six