October 16, 2014

TELES Gains Third Quarter Jump in Sales

Sales Growth for 9M 2014

Adhoc Notification by TELES AG Informationstechnologien pursuant to Sect. 15 of the German Securities Trading Act (WpHG)

The key data for TELES for Q3 of 2014 at a glance

(in k Euro)
1/1/2013 – 30/9/20131/1/2014 – 30/9/2014Change
Revenue 7,9008,6349 %
Gross Profit4,5534,738    4 %
EBIT-1,185-1,405-19 %

Berlin, October 16, 2014. The Berlin-based TELES AG Informationstechnologien (ISIN: DE0007454902) achieved a 25-percent sales increase in the third quarter compared to the previous year. With revenue growth of nine percent recorded over the first nine months of the year. The operating result (EBIT) was decreased to minus €1.4 million. Currency fluctuations and non-recurring special effects dampened the result.

The company has confirmed the targets set for the complete year of expanding the sales and achieving an improvement in the result.

The complete Q3 2014 Financial Report will be available as of October 20, 2014 on the TELES website.

The Management Board
TELES AG Informationstechnologien