H2APEX Group SCA
exceet Group SE: Strong EBITDA performance in Q2 2013 (news with additional features)
Press Release Strong EBITDA performance in Q2 2013 – 1.9% organic revenue growth in Q2 2013 (like-for-like) – EBITDA margin in Q2 2013 reached 11,2% – Net profit of EUR 5m in H1 2013 (H1 2012: EUR -3.8m) – Outlook for the Group remains promising Revenue Development Luxemburg, August 15, 2013 – exceet Group SE, a leading international provider of intelligent electronics and security solutions, posts consolidated sales of EUR 90.8m (H1 2012: EUR 90.6m / +0.3%) for the first six months of the current business year. Organically sales decreased by 7.4% in the first half of 2013 compared to H1 of the previous year. The revenue in Q2 2013 amounted to EUR 47.8m against EUR 44.6m in Q2 2012 representing an increase of 7.2%. In the second quarter of 2013 the revenue increased organically by 1.9% compared to Q2 2012. EBITDA Development The focus on high margin products and services in combination with the improved cost structure led to a significantly higher EBITDA of EUR 8.2m (H1 2013) in comparison to EUR 6.6m (H1 2012) showing an increase of 23.7%. The Group recorded a strong EBITDA performance in Q2 2013 (EUR 5.3m) compared with Q2 2012 (EUR 1.8m / +194.4%). In comparison to the previous quarter, the Group managed to nearly double the EBITDA Margin from 6.6% in Q1 2013 to 11.2% for the second quarter of 2013. Net Income The net income of exceet Group has improved from EUR -3.8m (H1 2012) to EUR 5m (H1 2013 / +231.6%). These positive net earnings were impacted by the gain in financial instruments due to the revaluation of public warrants in Q1 2013 (EUR 3.4m). The earnings per share (EPS) reached EUR 0.24 (H1 2013) in comparison to EUR -0.11 (H1 2012). Order Intake Order intake for the Group reached EUR 100.4m for the first half and an order backlog of EUR 109.2m was achieved. With a Book-to-Bill ratio of well above 1.1 the Group is well set for future growth. Outlook The outlook for the Group remains very promising, and a strong second half-year is expected. exceet is confident of reaching its stated ambition to post positive organic revenue development and improving the recurring EBITDA margin in comparison with Fiscal Year 2012. The full report for the second quarter can be accessed here: www.exceet.ch Contact Information: ISIN LU0472835155 (Publikums-Aktien), Regulierter Markt, Prime Standard, Frankfurt/Main End of Media Release +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=PFLCMNSIEI Document title: exceet Half Year results 2013 Issuer: exceet Group SE Key word(s): Enterprise 15.08.2013 Dissemination of a Press Release, transmitted by DGAP – a company of EQS Group 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: | exceet Group SE | |
114, avenue Gaston Diderich | ||
L-1420 Luxemburg | ||
Grand Duchy of Luxembourg | ||
Phone: | +352 2600 3181 | |
Fax: | +352 2600 3133 | |
E-mail: | info@exceet.ch | |
Internet: | www.exceet.ch | |
ISIN: | LU0472835155, LU0472839819 | |
WKN: | A0YF5P, A1BFHT | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in München | |
End of News | DGAP-Media |
226158 15.08.2013 |