DGAP-News: Catalis SE / Key word(s): Monthly Figures
Catalis SE: Nine month figures for 2013 underline positive business
performance - Earnings forecast for 2013 financial year confirmed
04.11.2013 / 13:34
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Corporate News: Nine month figures for 2013 underline positive business
performance - Earnings forecast for 2013 financial year confirmed
Eindhoven, November 04, 2013 - Catalis SE, the worldwide service provider
for the digital media and entertainment industry, is pleased to announce
its financial results for the third quarter and first nine months of 2013.
The business operations of Catalis SE developed favorably in the first nine
months, thus confirming the original outlook for 2013.
The unaudited results for the first nine months of fiscal year 2013 are as
follows:
- Q3 revenues at EUR 7.2m (2012: EUR 7.3m)
- Q3 EBIT at EUR 0.5m (2012: EUR 0.4m)
- EBIT first nine months of 2013 up to EUR 1.6m (2012: EUR 0.6m)
- Nine month revenues increased to EUR 21.4m (2012: EUR 20.8m)
In 2013 Catalis Group anticipates a revenue increase in the mid
single-digit percentage range. The EBIT margin will be above the 2012 level
(3.0%). The cash flow is expected to be clearly positive. The Catalis Group
saw revenues rise by 3.0% to EUR 21.4m in the first nine months of fiscal
2013. There was also a significant improvement in the company's key
earnings figures: in the first nine months of the current fiscal year,
operating profit (EBIT) including restructuring costs rose by 166.7% year
on year to EUR 1.6m. Even more important the EBIT margin was 5.1 percentage
points higher at 7.5% (previous year: 2.4%).
Our subsidiaries, Testronic Labs and Kuju, developed as follows: Testronic
had revenues for the third quarter of 2013 of EUR 5.0m (2012: EUR 4.6m).
Testronic generated an EBIT in the period of EUR 0.5m (2013: EUR 0.8m). For
the first nine months of 2013, revenues amounted to EUR 14.5m (2012: EUR
12.1m), representing an increase of 19.8%. Testronic's EBIT for the first
nine months of 2013 amounted to EUR 1.5m (2012: EUR 1.3m), an increase over
2012 of 15.4%. In the third quarter Kuju generated revenues of EUR 2.2m
(2012: EUR 2.6m)and an EBIT of EUR 0.3m (2012: EUR 0.0m). For the first
nine months of 2012 revenues amounted to EUR 6.6m (2012: EUR 8.5m). Despite
the decrease in revenues Kuju's EBIT was up to EUR 1.1m (2012: EUR 0.5m),
an increase over 2012 of 120.0%.
'The success we achieved so far confirms that we are on the right path with
the measures we have introduced to realign our business. It is also clear
that we need to remain fully committed to pursuing this path. The Group has
a strong and consistent record of profit growth and this profit performance
once again demonstrates the Group's relative resilience in the current
climate. We aim to improve the Company's profitability and cash flow
generation, delivering sustainable returns to shareholders. We believe that
a concentration on these factors will be reflected in a total shareholder
return that compares well with our peer group of equivalent listed
companies. Overall we expect good improvements in sales and earnings in
2013 in each of our business segments.' commented Dominic Wheatley on the
figures.
We remain optimistic for Q4 and confirm our full-year forecast for the
Group. The complete quarterly report will be published mid of November
2013.
For further information on Catalis SE and its wholly owned subsidiaries,
Testronic Labs and Kuju, please refer to www.catalisgroup.com,
www.testroniclabs.com and www.kuju.com.
For further questions please contact our Investor Relations team directly:
Catalis SE
Investor Relations Team
t: +49 89 24 41 18 - 223
f: +49 89 24 41 18 - 228
info@catalisgroup.com
About Catalis SE:
Catalis is a worldwide leading outsourcing provider focusing on high-end
technical services relating to the creation of digital content for the
film, video games and software industries. Catalis offers both testing and
development services. It operates through its wholly-owned subsidiaries
Testronic Labs and Kuju from eight locations throughout the US, the UK,
Poland, Belgium and the Netherlands.
End of Corporate News
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04.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Catalis SE
Geldropseweg 26-28
5611 SJ Eindhoven
Netherlands
Phone: +31 (0)40 2135930
Fax: +31 (0)40 2135604
E-mail: info@catalisgroup.com
Internet: www.catalisgroup.com
ISIN: NL0010447306
WKN: A1T98Z
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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237650 04.11.2013
DGAP-News: Catalis SE: Nine month figures for 2013 underline positive business performance - Earnings forecast for 2013 financial year confirmed
| Source: EQS Group AG