Francotyp-Postalia Holding AG
Francotyp-Postalia Holding AG: FP Group achieves double-digit growth and raises forecast
DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Quarter Results/Quarter Results Corporate news FP Group achieves double-digit growth and raises forecast – Revenue rises by 11.8% to EUR 141.3 million in the first nine months of 2015 – EBITDA improves by 17.4% to EUR 20.3 million – FP expects revenue of between EUR 184 million and EUR 188 million for full-year 2015, and EBITDA of EUR 27 million to EUR 28 million Berlin, 18 November 2015. Francotyp-Postalia Holding AG, the provider of Digital Mailroom, continues its growth trajectory. In the first nine months of 2015, revenue increased to EUR 141.3 million, from EUR 126.4 million in the year-earlier period. The double-digit growth resulted in particular from the further expansion of mail services, as well as the great success of the PostBase franking system. The company also benefited in the amount of EUR 7.2 million from a positive exchange rate effect due to the weaker euro. In the third quarter of 2015, the company was able to increase revenue by 10.2% year on year to EUR 46.1 million. EBITDA was also affected by the lower euro exchange rate, with the corresponding effect amounting to EUR 3.2 million over the year to date. Overall, the FP Group could increase earnings before interest, taxes, depreciation and amortisation for the first nine months of 2015 by 17.4% to EUR 20.3 million compared with the year-earlier period. In the third quarter of 2015, the company achieved EBITDA of EUR 6.0 million compared with EUR 5.5 million a year earlier, whereas provisions of EUR 0.6 million were made for optimisation of customer services in Germany. While EBIT for the quarter decreased by EUR 0.4 million year on year to EUR 1.8 million because of higher depreciation as planned, over the first nine months it remained stable year on year at EUR 7.9 million. Higher depreciation as a result of strong product demand, as well as a higher tax burden, were also reflected in consolidated net income in the third quarter of 2015. This came in at EUR 0.2 million compared with EUR 1.6 million a year earlier. For the first nine months, consolidated net income totalled EUR 4.2 million compared with EUR 4.5 million in the corresponding year-earlier period. FP raises revenue and EBITDA forecasts Investment in the future FP CEO and CFO Hans Szymanski explains: “If demand in the USA or other markets continues to exceed our expectations, we will also continue to invest. Because short-term investment in additional rental machines secures the future of the FP Group and leads to high recurring sales and high operating cash inflows.” Key figures at a glance: Nine-month figures
Quarterly figures
More detailed information will be found on the Website of the FP-Group as from 19 November 2015 www.fp-francotyp.com. 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 2015-11-18 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 |
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 |
414579 2015-11-18 |