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    DGAP-News  396  0 Kommentare ​EQS Group AG develops high growth dynamics in third quarter

    DGAP-News: EQS Group AG / Key word(s): 9-month figures
    ​EQS Group AG develops high growth dynamics in third quarter

    15.11.2016 / 08:00
    The issuer is solely responsible for the content of this announcement.

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    - Significant increases at home and abroad

    - First-time consolidation of ARIVA.DE AG

    EQS Group AG (ISIN: DE0005494165) recorded significant growth in domestic
    and foreign markets in the third quarter of 2016, thereby underpinning its
    continuing growth trend. The Group generated revenues of EUR7.681 million
    from July to September, representing an increase of 85% over the previous
    year. EBIT before depreciation on the acquired customer bases, purchase
    price allocation and before acquisition costs (non-IFRS) rose to EUR1.028
    million (previous year EUR317,000) and adjusted Group profit amounted to
    EUR160,000 (+60%). Adjusted earnings per share amounted to EUR0.13.

    The first nine months produced revenues of EUR18.018 million (+37%), EBIT
    (non-IFRS) rose by 26% to EUR1.970 million, Group net profit (non-IFRS) was
    EUR514,000 (-40%). Earnings per share (non-IFRS) is EUR0.43 (previous year
    EUR0.73).

    Following EQS Group AG's majority takeover of ARIVA.DE AG, the subsidiary
    contributed high earnings and EBIT after being consolidated into the Group
    financial statements in the third quarter for the first time. For its part,
    ARIVA.DE AG is developing a high level of sales dynamics in the area of
    regulatory services, due in large part to the introduction of Europe-wide
    key information documents for financial products in accordance with the
    PRIIP regulation.

    The European Market Abuse Ordinance's taking effect insured further
    significant sales momentum in EQS Group AG's domestic business. The new
    regulation expands Ad-hoc-obligations to a considerably larger group of
    issuers as well as imposing comprehensive insider regulations. EQS Group
    also established its INSIDER MANAGER as a standard workflow solution for
    investor relations departments in Germany and is experiencing increasing
    demand in other European countries, as well.

    EQS Group AG's foreign business continued to grow in the third quarter,
    rising revenues by 57% to EUR4.365 million in the first nine months over
    the previous year. All EQS subsidiaries contributed to the Group's growth
    in foreign markets. As expected, the Swiss company achieved the highest
    growth rates following the takeover of Tensid AG, with double-digit revenue
    growth in Asia, as well. Profitability also rose. While losses in Asia fell
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    DGAP-News ​EQS Group AG develops high growth dynamics in third quarter DGAP-News: EQS Group AG / Key word(s): 9-month figures ​EQS Group AG develops high growth dynamics in third quarter 15.11.2016 / 08:00 The issuer is solely responsible for the content of this announcement. …