checkAd

    DGAP-News  337  0 Kommentare EQS Group AG: 3rd quarter characterized by the international expansion - outlook confirmed


    EQS Group AG / Key word(s): 9-month figures/Quarter Results

    27.11.2015 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: 3rd quarter characterized by the international expansion -
    outlook confirmed

    Munich - 27 November 2015

    EQS Group AG (ISIN: DE0005494165) successfully continued its geographic
    expansion into growth markets in the third quarter. As expected,
    investments related to the market entry in Mainland China and the Middle
    East, as well as a lagging domestic market lead to decreasing earning
    figures.

    In the months July to September, the group generated revenues on the level
    of the same period of the previous year, amounting to EUR4.159 million.
    EBIT before scheduled amortisation of the customer assets and before
    acquisition costs (Non-IFRS) decreased by 62% to EUR.317 million. Adjusted
    net income totalled EUR.100. Adjusted earnings per share amounted to
    EUR.09.

    The first nine months of 2015 showed the following results: revenues
    amounted to EUR13.154 million while the adjusted EBIT (Non-IFRS) totalled
    EUR1.568. The overall adjusted net income (Non-IFRS) amounted to EUR.857
    and year-on-year adjusted earnings per share were at EUR.73.

    It was possible to strengthen the leading market position in the
    German-speaking countries. However, the slow IPO market in Germany, by
    international comparison, did not contribute. The number of de- and
    downlistings again exceeded the number of IPOs significantly. The media
    business with issuers of SME bonds was not able to positively contribute,
    in contrast to the strong quarter it recorded in the previous year.

    The geographic expansion was continued consistently. In the strong growth
    market Asia, EQS Group has achieved an excellent position in the main
    capital markets Hong Kong, Singapore and Taiwan and thus created the ideal
    starting position for the started market entry in Shanghai. Also very
    promising was the start in Dubai. From here, further Middle East markets
    will be developed.

    Achim Weick, CEO of EQS Group AG: As planned, our expansion has led to
    expenses relating to development and integration which will have an impact
    on our profitability over the short term. We view this as being a major
    opportunity for developing EQS Group into a global and highly profitable
    technology provider for investor relations.

    Outlook confirmed

    The outlook for 2015 and 2016 remains unchanged. The EQS Group Management
    Seite 1 von 2


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News EQS Group AG: 3rd quarter characterized by the international expansion - outlook confirmed EQS Group AG / Key word(s): 9-month figures/Quarter Results 27.11.2015 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. …