DGAP-News

As planned, QSC increases earnings and financial strength in 2015 - Seite 2

In the current financial year, the Company will be focusing on expanding
its Cloud business, marketing its Pure Enterprise Cloud and, linked to
this, implementing a broad-based sales offensive. QSC also expects to see a
further rise in revenue and earnings contributions in its Consulting
business. In its TC business with resellers, the Company has budgeted a
further decline in revenues. The same applies to Outsourcing, particularly
as customers there will gradually be migrated to the Pure Enterprise Cloud.

The expansion in the Cloud business will require additional specialists to
be hired in the current financial year. Consistent with its plans, the
Company will nevertheless be scaling down its workforce by 350 employees by
the end of 2016 compared with the end of 2014, thus largely completing its
reorganisation programme. These measures are expected to result in one-off
costs in a medium single-digit million euro range.

QSC plans revenues of EUR 380 million to EUR 390 million

Against this backdrop, QSC expects to generate revenues of between EUR 380
million and EUR 390 million and a positive free cash flow in the current
financial year. Given the one-off costs incurred to expand the Pure
Enterprise Cloud and for staff reorganisation measures, the Company expects
EBITDA in a range of EUR 34 million to EUR 38 million.

Comments QSC's CEO Jürgen Hermann: "Our strategy is still absolutely right
and is now taking effect. We have made great progress, particularly in our
Cloud business. On this basis, QSC will return to its growth course from
2017 onwards and successfully establish itself as the digitiser for the
German SME sector."

Notes:
The 2015 Annual Report of QSC AG will be available from 30 March 2016 at
www.qsc.de/en/investor-relations. This Corporate News includes
forward-looking statements. These are based on current expectations and
forecasts as to future events made by the management of QSC AG. Due to
risks or erroneous assumptions, actual results may deviate substantially
from these forward-looking statements.

Further information is available from:
QSC AG
Arne Thull
Head of Investor Relations
Tel: [phone]
E-mail: [e-mail]
Internet: www.qsc.de


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29.02.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Köln
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Terminbörse EUREX


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440813 29.02.2016