Catalis SE
Catalis SE: Catalis SE announces 2013 first quarter results – Reaping rewards from the actions of 2012 – strong performance in Q1 2013
Catalis SE / Key word(s): Quarter Results Corporate News: Catalis SE announces 2013 first quarter results – Reaping rewards from the actions of 2012 – strong performance in Q1 2013 Eindhoven, June 04, 2013 – Catalis SE, the worldwide service provider for the digital media and entertainment industry, is pleased to announce its financial results for the first quarter of 2013. -Revenues increased to EUR 7.02m (2012: EUR 6.90m) Through organic growth, Teutonic Labs achieved record Q1 revenues of EUR 4.7 m – a significant 29.8% increase when compared with Q1 revenues of the previous year (Q1 2012: EUR 3.6 m). Correspondingly, Testronic generated a superior EBIT of EUR 0.5 m (Q1 2012: EUR 0.2 m). Kuju generated steady revenues of EUR 2.2 m (Q1 2012: EUR 3.1 m), and an EBIT of EUR 0.3 m (Q1 2012: EUR 0.4 m). The recent restructuring has improved efficiency, boosting the EBIT margin to 14.9 % (Q1 2012: 12.7%). ‘During 2012 we took decisive actions in restructuring the Catalis Group. We appointed new management, we reduced our overheads, we closed loss-making operations and we focussed our attention on Catalis’ most successful and profitable operating divisions. These measures were intended to provide a solid foundation for growth. I have no doubt that these decisions spurred our strong performance in Q1 2013. We’ve had a successful quarter, demonstrating strong organic growth. We hold an encouraging order book, and we expect to capitalise on the market growth in games development and testing.’ commented Dominic Wheatley. Catalis expects revenues to come in ahead of 2012, with revenues up from EUR 27.7m to between EUR 29m and EUR 32m and an EBIT from EUR 0.8m to between EUR 1.8m and EUR 2.2m. The interim report for the period to March 31, 2013 is available on our website www.catalisgroup.com. For further information on Catalis SE and its wholly owned subsidiaries, Testronic Labs, DDP and Kuju, please refer to www.catalisgroup.com, www.testroniclabs.com, www.doublesixgames.com and www.kuju.com. For further questions please contact our Investor Relations team directly: About Catalis SE: End of Corporate News 04.06.2013 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: | 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: | NL0000233625 | |
WKN: | 927093 | |
Listed: | Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
End of News | DGAP News-Service |
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