DGAP-News

KPS generates sustained dynamic growth in the 1st quarter of 2016/2017

DGAP-News: KPS AG / Key word(s): Quarterly / Interim Statement KPS generates sustained dynamic growth in the 1st quarter of 2016/2017 13.02.2017 / 07:30 The issuer is solely responsible for the content of this announcement.

KPS generates sustained dynamic growth in the 1st quarter of 2016/2017

Unterföhring/Munich, 13 February 2017 - KPS successfully continued its strong performance during the 1st quarter of 2016/2017. Group sales increased by 17.2 percent to 40.3 million euros (Q1 2015/2016: 34.4 million euros). Group EBIT was increased by 10.3 percent to 6.4 million euros (Q1 2015/2016: 5.8 million euros). The Executive Board confirms the forecast for the current business year 2016/2017.

KPS AG (WIN: A1A6V4 / ISIN: DE000A1A6V48), Germany's leading management consulting firm for business transformation and process implementation in the retail sector, posted an increase in the volume of orders booked for the first quarter of 2016/2017 (1 October 2016 to 31 December 2016) in line with expectations. Growth stimuli were generated in particular by new projects outside Germany and these initiatives confirm the internationalization strategy of the management.

In the 1st quarter of 2016/2017, sales and earnings underwent a significant increase. KPS AG therefore continued the strong performance of the previous business year. Provisional unaudited IFRS Group figures indicate that sales went up by 17.2 percent to 40.3 million euros (Q1 2015/2016: 34.4 million euros). The operating result (EBIT) went up by 10.3 percent from 5.8 million euros to 6.4 million euros. The EBIT margin amounted to 15.9 percent (Q1 2015/2016: 16.9 percent) and was therefore in line with expectations. During the reporting period, earnings after taxes increased by 6.0 percent to 5.3 million euros (Q1 2015/2016: 5.0 million euros).