July 16, 2014
Powerful Q2 Growth Delivers Revenue Increase in First Half of 2014
Significant improvement in Operating Result and Revenue during the second quarter
Adhoc Notification by TELES AG Informationstechnologien pursuant to Sect. 15 of the German Securities Trading Act (WpHG)
The key data for TELES for Q1 of 2014 at a glance
| TELES Group (in k€) | 1/1/2013 – 30/6/2013 | 1/1/2014 – 30/6/2014 | Change | |
|---|---|---|---|---|
| Revenue | 5,701 | 5,894 | 3 % | |
| Gross Profit | 3,371 | 3.119 | -7 % | |
| EBIT | -549 | -737 | -34 % |
Berlin, 16 July, 2014. The TELES AG Informationstechnologien technology company gained an eleven percent jump in sales in the second quarter of 2014, resulting in a 3 % increase in revenue compared to the previous year. The sales drop reported in Q1 has now been regained with this improvement. Likewise, the operating result posted a 25 percent increase in the second quarter when compared to 2013.
The company continues to remain focused on its targets for the complete year, with further growth expected as it aims for its operating result to break even by yearend.
The complete HY1 2014 Financial Report will be available as of July 21, 2014 on the TELES website.
The Management Board
TELES AG Informationstechnologien