CHG-MERIDIAN AG
CHG-MERIDIAN AG: funding for more technology investments than ever before
DGAP-News: CHG-MERIDIAN AG / Key word(s): Final Results/Development of Sales 2016-02-12 / 13:35 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- CHG-MERIDIAN looks back on a successful year - Growth: funding for more technology investments than ever before - All-time high: a record amount of equipment certified data-erased and remarketed - Acquisition: IT and healthcare portfolio acquired from GE Capital in northern Europe Weingarten, February 12, 2016 - Finance and technology manager CHG-MERIDIAN,which is headquartered in the southern German town of Weingarten and has 40 branch offices in 23 countries worldwide, can look back on an encouraging financial year. Of particular note was the record level of gross profit, which can be attributed to buoyant growth in highly promising areas of business such as certified data erasure, income from other services, and improvements in the remarketing of equipment. Moreover, CHG-MERIDIAN acquired an IT and healthcare portfolio in Northern Europe. Worldwide, the volume of leases originated was up by 5.2 percent to almost EUR1.057 billion (2014: EUR1.004 billion). The reduced volume in North America and Eastern Europe was offset by stable growth in Central and Southern Europe and above-average growth in western Europe. 490,000 items of remarketed IT-equipment A substantial proportion of total returns can be attributed to the highly encouraging results from the remarketing of IT equipment. Selling used equipment at the end of its useful life not only generates additional income but also reflects the Company's philosophy of conserving resources and operating sustainably. In 2015, CHG-MERIDIAN remarketed over 490,000 items of IT-equipment, 7.5 percent more than in the previous year (2014: 456,000 items). Focus on data Focus on data protection: certified data erasure with at record level The eraSURE one-stop solution for the certified erasure of data from used equipment is one of the competitive and end-to-end services in the CHG-MERIDIAN solutions portfolio. Sales of the service gained additional momentum last year due to companies' growing awareness of data protection and data security issues. Data erasure was performed on 106,071 items of equipment, using either a TÜV-certified or a DEKRA-certified method and tailored to the individual security requirements. In 2014, 102,000 items had undergone a certified data erasure process, equating to a year-on-year increase of 3.5 percent. Substantial IT and healthcare portfolio acquired from GE Capital in Northern Europe On February 1, 2016, CHG-MERIDIAN successfully acquired an IT and healthcare portfolio in northern Europe. The original acquisition cost of the assets in the portfolio totaled EUR22.5 million. The customer portfolio was obtained from GE Capital in Norway, Sweden, Denmark, and Finland. In Norway, the transaction was completed together with DNB, the largest financial services group in Norway. The portfolio significantly strengthens CHG-MERIDIAN's market presence in Northern Europe and represents a logical continuation of its growth strategy. Contact: Matthias Steybe Head of Communications und Marketing CHG-MERIDIAN AG Franz-Beer-Straße 111 D-88250 Weingarten Tel. +49 751 503-248 Fax. +49 751 503-7248 Email. matthias.steybe@chg-meridian.de --------------------------------------------------------------------------- 2016-02-12 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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