Francotyp-Postalia Holding AG
Francotyp-Postalia Holding AG: Francotyp-Postalia grows in Q1 2016
DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Quarterly / Interim Statement/Quarterly / Interim Statement Corporate news – Increase in revenues by 3.7% to EUR51.3 million – EBITDA at previous year’s level: EUR8.2 million – Positive free cash flow of EUR1.6 million – Company confirms forecast for the year as a whole Berlin, 25 May 2016. Francotyp-Postalia Holding AG, a Digital Mailroom provider, has started the fiscal year 2016 as expected. In the traditionally strong first quarter, the company increased its revenues by 3.7% to EUR51.3 million. Despite a growing headwind from the stronger euro, the company asserted itself in the traditional business with franking machines. Here, revenues amounted to EUR32.2 million compared to EUR32.3 million in the same period of the previous year. This stable performance was primarily the result of the ongoing strong demand for the PostBase franking system. Following the successful introduction of the PostBase One and PostBase 100 franking systems in Germany, their introduction in key countries – the US and the UK – is also planned for the current year. In the new business areas, the FP Group increased its revenues by 11.6% to EUR19.1 million in the first quarter of 2016. The Mail Services segment relating to the collection, franking, sorting and delivery of postage discounted business mail was a key contributor to this success. Revenues increased here by 15.0% to EUR15.3 million, also as a result of the increase in postal charges as of 1 January 2016. Revenues in the Software segment remained at the previous year’s level of EUR3.9 million. Operating result at the previous year’s level The other financial result fell to EUR0.1 million compared to EUR1.8 million in the same period of 2015. In the previous year, the FP Group particularly benefited from positive exchange rate effects on the revaluation of consolidated balance sheet items at the end of the reporting period. The FP Group thus generated consolidated net income of EUR2.5 million in the first quarter 2016 after EUR3.5 million in the previous year’s first quarter. Earnings per share (undiluted) reached 15 cents after 21 cents in the first quarter of 2015. Positive free cash flow in the first quarter FP Group confirms forecast FP Group CEO, RĂ¼diger Andreas GĂ¼nther, explains: “Our company started 2016 as expected – but we could be even better. This is why we are sharpening our growth strategy this year and will initiate measures in line with operational excellence. Our company is characterised by a unique mix of longstanding expertise in mail processing and digital know-how. We therefore see opportunities to both grow against the market trend in our traditional business and significantly advance on the markets of the future. This is what we want and this is what we will become.” Overview of key figures:
Contact Francotyp-Postalia Holding AG About Francotyp-Postalia Holding AG The FP Group, which has its headquarters in Berlin, is a Digital Mailroom provider. This global company offers all products and solutions for communication and document processes and thus focuses on business and private customers. In addition to traditional machinery to frank and insert mail, the company’s range comprises services such as the collection of business mail and innovative software solutions such as De-Mail. The FP Group is now present in many developed countries with its own branches and has a global market share of more than 10% in the area of franking machines. Having existed for over 90 years, the FP Group now benefits – on all markets – from the willingness of companies to digitise business processes and outsource their business mail to a professional service provider. In the 2015 fiscal year, the company generated EUR191.1 million in revenue. The FP Group employees over 1,000 people worldwide. Contact: Francotyp-Postalia Holding AG Media Relations Telephone: +49 (0)30 220 660 410 Telefax: +49 (0)30 220 660 425 E-Mail: pr@francotyp.com
2016-05-25 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | Francotyp-Postalia Holding AG | |
Prenzlauer Promenade 28 | ||
13089 Berlin | ||
Germany | ||
Phone: | +49 (0)30 220 660 410 | |
Fax: | +49 (0)30 220 660 425 | |
E-mail: | ir@francotyp.com | |
Internet: | www.fp-francotyp.com | |
ISIN: | DE000FPH9000 | |
WKN: | FPH900 | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart | |
End of News | DGAP News Service |