DGAP-News

Alphaform: Restructuring dominates 9-month report - Seite 2

11-point plan will help overcome the challenges at the Feldkirchen location

In view of the additional challenges at the Feldkirchen location, the
Management Board reacted directly and issued an 11-point plan. This focuses
on further optimising the use of machinery at the Feldkirchen location
including improvements in the use of material, optimising the workflow and
deployment of staff. The 11-point plan is associated with additional
non-recurring operating costs, which include external consulting services.
However, it will guarantee that the full effects of the Alphaform
Excellence programme will now also be felt in Feldkirchen. Following a
consolidated loss and revenue of approximately EUR 30 million in the
current year, the company aims to break even on this basis in 2015.

Alphaform has laid the basis for the return to profitability in the current
year with the Alphaform Excellence programme and the extended 11-point plan
for the Feldkirchen location, which is now to be implemented rapidly. The
programme will help improve processes and structures in the three business
segments and will also focus on strengthening sales and the corporate
culture. Alphaform recruited additional sales staff in the current year and
optimised the line-up of sales staff working in-house. On this basis, the
company has already been able to increase incoming orders by 88% to EUR 4.9
million in the first nine months of the current financial year. In October,
the company acquired the largest order in its history as a logical
conclusion of its sales efforts. It will run for three years and is worth
EUR 10 million in total.

Key figures of the Alphaform Group

T EUR, exept employees and               3. Quarter           9 Months

earnings per share                      2014      2013      2014      2013

Revenue                                7,273     6,935    21,758    19,543

EBITDA                                -0,448     0,250    -0,631    -0,038

Operating result                      -0,749    -0,073    -1,552    -0,965

Result after tax                      -0,840    -0,177    -1,824    -1,244

Earning per share EUR                  -0,16     -0,03     -0,34     -0,23

Equtiy*                                                    6,646     6,626

Total assets*                                             17,048    15,765

Equity ratio (percent)                                    39,0 %     42,0%

Cash and cash equivalents and                              1,257     1,152

securities*

Group employees*                                             253       231