Francotyp-Postalia Holding AG
Francotyp-Postalia Holding AG: FP Group makes good start to 2013 financial year
Francotyp-Postalia Holding AG / Key word(s): Quarter Results/Quarter Results Corporate News FP Group makes good start to 2013 financial year – Revenue up 4.1% at EUR 43.5 million in first quarter of 2013 – EBITDA improves by 51.5% to EUR 6.2 million – Net result climbs to EUR 2.2 million after EUR 0.7 million – FP Group confirms forecast for year as a whole Birkenwerder, 23 May 2013. Francotyp-Postalia Holding AG, the first multi-channel provider for mail communication, has made a good start to the 2013 financial year. In the traditionally strong first quarter, the FP Group increased its revenue by 4.1% to EUR 43.5 million. This growth chiefly resulted from higher product sales, with revenue in the Franking and Inserting segment rising 15.2% to EUR 9.2 million in the first quarter of 2013. However, revenue in the Mail Services and Software product segments also increased. The rising product sales were attributable mainly to the new PostBase franking system. Since launching PostBase in March 2012, the FP Group has already sold more than 10,000 machines, primarily in Germany and the USA. In the first few months of 2013, PostBase was introduced in the UK, Canada and Italy. In view of the growing demand for PostBase, the establishment of modern, flexible production at the new site in Wittenberge in 2012 is paying off in particular. The improvement in efficiency achieved here made a significant contribution to the increase in profits in the first quarter of 2013. The FP Group generated EBITDA (earnings before interest, taxes, depreciation and amortisation) of EUR 6.2 million compared with EUR 4.1 million in the same quarter of the previous year. The EBITDA margin rose to 14% in this period after 10% in the same quarter of 2012. EBIT increased to EUR 3.4 million as against EUR 1.8 million in the same period of the previous year, while the consolidated net result improved to EUR 2.2 million after EUR 0.7 million in the first quarter of 2012. Free cash flow – the balance of cash inflows from operating activities and cash outflows from investing activities – also improved to EUR 1.2 million in the traditionally strong first quarter of 2013, compared to EUR 0.3 million in the previous year. Key figures at a glance:
Contact Francotyp-Postalia Holding AG About Francotyp-Postalia Holding AG End of Corporate News 23.05.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s 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 | |
Triftweg 21-26 | ||
16547 Birkenwerder | ||
Germany | ||
Phone: | +49 (0)3303 525 777 | |
Fax: | +49 (0)3303 53 70 77 77 | |
E-mail: | ir@francotyp.com | |
Internet: | www.francotyp.com | |
ISIN: | DE000FPH9000 | |
WKN: | FPH900 | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
End of News | DGAP News-Service |
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