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QSC announces preliminary numbers for 2011 and plans to pay a dividend of EUR 0.08 per share - Seite 2
28.0 million. QSC financed both the acquisitions of IT providers INFO AG
and IP Partner as well as needed capital expenditures predominantly from
within. The unbroken financial strength of the QSC Group was underscored by
a further rise in free cash flow to EUR 41.0 million.
Outlook for 2012: QSC anticipates revenues of EUR 480 - EUR 510 million
In fiscal 2012, QSC will largely conclude its transformation process from a
TC provider into an ICT provider, and will be driving the integration of
INFO AG and IP Partner. The merger of these two subsidiaries that was
announced in January 2012, and the resulting acquisition of the remaining
INFO AG shares, will facilitate Group-wide collaboration and serve as a key
prerequisite for sustained profitable growth in 2013 and beyond. The
uncertain economic situation in early 2012 makes it extremely difficult to
properly assess the resulting dynamic. Regardless of the economy, though,
QSC expects to see a further decline in conventional TC lines of business,
such as call by call and ADSL2+, on the order of some EUR 25 million in
2012. On the other hand, the Company plans to grow faster than the market
in such ICT lines of business as Outsourcing and Consulting.
Overall, the QSC Group anticipates revenues of between EUR 480 and EUR 510
million in fiscal 2012. Given that this will be the first full-year
consolidation of these two subsidiaries, the Company is striving for an
EBITDA margin of at least 16 percent. In addition, the Company expects to
see a free cash flow of between EUR 22 and EUR 32 million. This guidance
takes into account planned capital investments in growth, especially in
Direct Sales, and for the first time does not include any payments from
TELE2, the former co-owner of network operating company Plusnet.
QSC reiterates long-term goals for fiscal 2016
QSC Chief Executive Officer Dr. Bernd Schlobohm is convinced that 2012 will
be ´a year of preparation´ for achieving the full strength and power of the
QSC Group. Growing success with ICT and increasingly with Cloud services,
as well, coupled with the declining importance of conventional TC business
is likely to mean that the Company will achieve stronger revenue growth
beginning in 2013, while steadily improving its profitability and financial
strength. Schlobohm: ´We know our long-term goals: In 2016, the QSC Group
will be an organization with revenues of between EUR 800 million and EUR 1
billion, an EBITDA margin of 25 percent and a free cash flow of between EUR
120 and EUR 150 million. These are highly ambitious goals. However the
TC provider into an ICT provider, and will be driving the integration of
INFO AG and IP Partner. The merger of these two subsidiaries that was
announced in January 2012, and the resulting acquisition of the remaining
INFO AG shares, will facilitate Group-wide collaboration and serve as a key
prerequisite for sustained profitable growth in 2013 and beyond. The
uncertain economic situation in early 2012 makes it extremely difficult to
properly assess the resulting dynamic. Regardless of the economy, though,
QSC expects to see a further decline in conventional TC lines of business,
such as call by call and ADSL2+, on the order of some EUR 25 million in
2012. On the other hand, the Company plans to grow faster than the market
in such ICT lines of business as Outsourcing and Consulting.
Overall, the QSC Group anticipates revenues of between EUR 480 and EUR 510
million in fiscal 2012. Given that this will be the first full-year
consolidation of these two subsidiaries, the Company is striving for an
EBITDA margin of at least 16 percent. In addition, the Company expects to
see a free cash flow of between EUR 22 and EUR 32 million. This guidance
takes into account planned capital investments in growth, especially in
Direct Sales, and for the first time does not include any payments from
TELE2, the former co-owner of network operating company Plusnet.
QSC reiterates long-term goals for fiscal 2016
QSC Chief Executive Officer Dr. Bernd Schlobohm is convinced that 2012 will
be ´a year of preparation´ for achieving the full strength and power of the
QSC Group. Growing success with ICT and increasingly with Cloud services,
as well, coupled with the declining importance of conventional TC business
is likely to mean that the Company will achieve stronger revenue growth
beginning in 2013, while steadily improving its profitability and financial
strength. Schlobohm: ´We know our long-term goals: In 2016, the QSC Group
will be an organization with revenues of between EUR 800 million and EUR 1
billion, an EBITDA margin of 25 percent and a free cash flow of between EUR
120 and EUR 150 million. These are highly ambitious goals. However the
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