Francotyp-Postalia Holding AG
Francotyp-Postalia Holding AG: Francotyp-Postalia demonstrates strength in first six months of 2016 with further revenue and EBITDA growth
DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Half Year Results/Half Year Results Corporate News – Revenue up 5.4% to EUR 100.3 million – EBITDA rises by 2.5% to EUR 14.6 million – Free cash flow improves significantly to EUR 6.3 million – First operational excellence measures implemented – Management Board confirms forecast for year as a whole Berlin, 25 August 2016 The digital mailroom provider Francotyp-Postalia Holding AG remains on a profitable growth path. Revenue increased to EUR 100.3 million in the first half of 2016 compared with EUR 95.2 million in the previous year. On a quarterly basis, revenue rose from EUR 45.7 million in the second quarter of 2015 to EUR 49.0 million. The company recorded growth in its traditional franking machine business as well as in its new Mail Services and Software business areas. Against the market trend, franking machine revenue increased to EUR 63.1 million in the first half of 2016 compared with EUR 62.2 million in the same period of the previous year despite the growing headwind resulting from the strong euro. The company’s growth was due to the success of the multiple award-winning PostBase family. In 2016, the FP Group introduced two new PostBase systems for larger mail volumes on the first markets. In the new business areas, the FP Group increased its revenues by 12.6% to EUR 37.2 million in the first half of 2016. The Mail Services segment relating to the collection, franking, sorting and delivery of business mail with postage discounts were main contributors to this success. Revenue in this area increased by 15.3% to EUR 30.1 million. EBITDA and EBIT growth Free cash flow improves to EUR 6.3 million In light of the positive development in the first half of 2016, the Management Board is confirming its forecast for 2016 as a whole: Assuming that exchange rates remain unchanged, the company expects to see a slight year-on-year increase in revenue and EBITDA as well as a positive free cash flow. Increased growth potential in the medium term Key figures at a glance:
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
2016-08-25 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, Tradegate Exchange | |
End of News | DGAP News Service |