TELES Aktiengesellschaft
TELES AG Informationstechnologien: Mixed Start to 2013. Reduced costs and reorganization to foster results
TELES AG Informationstechnologien / Key word(s): Quarter Results 22.04.2013 20:12 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Mixed Start to 2013. Reduced costs and reorganization to foster results Adhoc Notification by TELES AG Informationstechnologien pursuant to Sect. 15 of the German Securities Trading Act (WpHG) Overview of the corporate key figures of TELES for Q1 of 2013 (according to IFRS, unaudited) TELES Group Q1 2013 Q1 2012 Change (in mn EUR) Revenue 2.75 2.99 -8 % Gross Profit 1.66 1.47 13 % EBIT -0.31 -0.50 38 % Berlin, April 22, 2013. Albeit a slight decrease in sales, TELES succeeded in amending q1 results. At EUR 2.75 million, revenue for the first quarter is slightly below the previous year. Gross Profit amounted to 1.66 mn EUR. The operating profit (EBIT) shows strong growth of 38 per cent to a loss of 0.31 mn EUR. The mixed start to the year is mainly due to delays in some promising tenders which should have been ready for a decision in the first quarter, according to the original planning. Due to massive cost reductions and positive effects from the reorganization in recent months, TELES accomplished to significantly improving operating results. The complete Report Q1/2013 will be published on April 22, 2013 at www.teles.com/en/investor-relations/reports. The Board of Directors TELES AG Informationstechnologien 22.04.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: TELES AG Informationstechnologien Ernst-Reuter-Platz 8 10587 Berlin Germany Phone: 030-39928-00 Fax: 030-39928-01 E-mail: IRInfo@teles.de Internet: http://www.teles.de ISIN: DE0007454902 WKN: 745490 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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