Francotyp-Postalia Holding AG
Francotyp-Postalia Holding AG: Francotyp-Postalia confirms growth in revenue and EBITDA
DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Final Results/Final Results Corporate news Francotyp-Postalia confirms growth in revenue and EBITDA – Final figures for 2015: revenue grows to EUR191.1 million and EBITDA increases to EUR26.8 million – Positive exchange rate effect drives up revenue and earnings – Management Board and Supervisory Board propose tax-free dividend of 12 cents per share – Francotyp-Postalia plans further growth in revenue and EBITDA in 2016 – Focus on strengthening operating earnings power in 2016 Berlin, 13 April 2016. Francotyp-Postalia Holding AG, a Digital Mailroom Provider, presented its consolidated financial statements today. Revenue rose by 12% to EUR191.1 million in the past fiscal year. Growth had resulted particularly from successful business in the Mail Services segment with the collection, franking and delivery of business mail at discounted postage rates. With further progress in the introduction of PostBase franking systems, the company increased its revenue from franking machines, contrary to the market trend. The company also benefited from positive exchange rate effects of EUR9.1 million in revenue, as announced when the preliminary figures were published at the end of February 2016. EBITDA also improved by 16% to EUR26.8 million following positive exchange rate effects of EUR3.9 million. The deviation from the published preliminary figures in EBITDA mainly relates to additional provisions, particularly for expenses due to the change within the Management Board. In 2015, EBIT amounted to EUR9.0 million as against EUR9.8 million in the previous year. Due to a higher tax burden, consolidated net income amounted to EUR3.7 million after EUR5.2 million in the previous year. In contrast, free cash flow significantly improved to -EUR1.4 million in the past fiscal year, compared with -EUR5.6 million in 2014. Based on the consolidated financial statements, the Management Board and Supervisory Board propose a tax-free dividend of 12 cents per share from the tax contribution account for the 2015 fiscal year to the Annual General Meeting. This corresponds despite a reduced consolidated net income to the dividend of 16 cents (gross) paid for 2014 or a pay-out ratio of 54%. As a result, the FP Group exceeded this year its dividend policy communicated last year, which provides for a pay-out ratio between 35% and 50% of adjusted consolidated net income. Increase efficiency in all areas FP CEO Günther explains: “We want to improve the earnings power of the FP Group in 2016. After nearly 100 days in office, I see already many starting points to achieve this. Together with my colleagues on the Management Board I want to set free growth forces within the FP Group even more than before. Our company has a modern product portfolio and a high level of expertise in the area of secure digital communication. We will build upon this and increase the company’s value systematically and sustainably in the years to come.” * The forecast is based on constant exchange rates. Overview of key figures:
The annual report 2015 will be published on April 29, 2016. Contact Francotyp-Postalia Holding AG About Francotyp-Postalia Holding AG 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
2016-04-13 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 |