TELES Aktiengesellschaft
TELES AG Informationstechnologien: TELES cuts losses by half and slightly increases growth
TELES AG Informationstechnologien / Key word(s): Final Results 09.04.2013 19:58 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. --------------------------------------------------------------------------- Adhoc Notification by TELES AG Informationstechnologien pursuant to Sect. 15 of the German Securities Trading Act (WpHG) TELES cuts losses by half and slightly increases Growth - Successful Re-Structuring - Strong Growth in Gross Earnings - Turnover target achieved for fiscal year 2012TELES Group 1.1.2012 - 31.12.2012 1.1.2011 - 31.12.2011 Change in % (in million EUR) Turnover 12.37 12.04 3 Gross earnings 6.38 5.62 14 EBIT -3.30 -6.38 48Berlin, April 9, 2013. In the first year following significant organizational and personnel changes, the balance sheet shows that stabilization has been achieved and business activities have developed positively in line with market requirements. Operating results (EBIT), at minus 3.30 million Euro, were much improved on the previous year (minus 6.38 million Euro). Earnings before interest, taxes, depreciation and amortization (EBITDA) was also cut by half to minus 3.08 million Euro (previous year: 6.02 million Euro). Gross Earnings increased in 2012 by 14 per cent. Turnover in the fiscal year 2012 amounted to 12.37 million Euro. This was a 3 per cent increase in business for the year. The complete Annual Report 2012 will be published on April 10, 2013 following auditor's certificate and approval by supervisory board on http://www.teles.com/en/investor-relations/reports. TELES AG Informationstechnologien Board of Directors 09.04.2013 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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