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Adesso AG (ADNGk.F)

ADNGk.F on Frankfurt Stock Exchange

28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Adesso FY sales up at 260.4 mln euros
Friday, 21 Apr 2017 01:35am EDT 

April 21 (Reuters) - Adesso AG ::Increase of 20 % in dividends proposed.Adesso expects sales revenue to increase further in 2017, to between 270 million euros and 300 million euros.Company will continue to pursue its ambitious growth strategy in 2017 and expects EBITDA to increase to between 23.0 million euros and 27.0 million euros.In 2016, its initiatives for expansion resulted in sales growth of 33 %, to 260.4 million euros ($279.07 million), a 61 % increase in its operating result (EBITDA).  Full Article

Adesso FY EBITDA up 61 pct at 23.1 million euros
Friday, 14 Apr 2017 07:15am EDT 

Adesso AG :Successful fourth quarter results in a 61 pct increase in EBITDA for full year 2016 to 23.1 million euros ($24.54 million) and a 161 pct increase in EPS to 2.14 euros.  Full Article

Adesso proposes increasing dividend by 20 pct
Wednesday, 12 Apr 2017 01:12pm EDT 

Adesso AG :dgap-adhoc: adesso ag: increase in the dividend by 20 % to eur 0.36 per share proposed.  Full Article

Adesso to expand e-commerce activities through acquisition of an IT company
Friday, 3 Feb 2017 04:41am EST 

Adesso AG : Pursues complete takeover of an IT consulting and development company in the field of SAP customer engagement, business analytics and HANA . Adesso is making this move in order to expand Adesso Group's existing e-commerce activities . Purchase price will be financed with existing liquid funds, especially from capital increase in December 2016 .Plans call for company's swift and complete integration into Adesso Group.  Full Article

adesso successfully completes capital increase
Thursday, 15 Dec 2016 03:40am EST 

adesso AG : Successfully completes capital increase against cash contributions . Is expected to receive gross proceeds of around 12.5 million euros ($13.10 million) .New shares were placed by way of an accelerated bookbuilding process with institutional investors in Germany and abroad at a placement price of eur 42.70 per new share.  Full Article

Adesso 9-month EBITDA up 73 pct at 16.6 mln euros
Thursday, 1 Dec 2016 08:48am EST 

Adesso AG : Positive development continues with successful third quarter in 2016 / guidance increased for the year overall . Sales after nine months: +34 pct to 188.4 million euros ($200.23 million) . Q3 with new record values for sales (69.6 million euros) and EBITDA (7.7 million euros) . EBITDA after nine months: +73 pct to 16.6 million euros . Forecast for 2016 overall was increased to 252 to 262 million euros in sales (previously 231 to 243 million euros) and to 20 to 24 million euros for EBITDA (previously 17.0 to 19.5 million euros) .9-month consolidated earnings are 8.2 million euros (previous year: 4.0 million euros).  Full Article

Adesso acquires SP Integration GmbH
Tuesday, 6 Sep 2016 03:59am EDT 

Adesso AG : Acquires SP Integration GmbH .Purchase price including SP Integration's debt with banks is well below 1 million euros ($1.12 million) and will be financed with free cashflow.  Full Article

Adesso H1 net income up at 4.0 million euros
Friday, 26 Aug 2016 03:40am EDT 

Adesso AG : H1 revenue up 37 percent at 119 million euros ($134.40 million) . H1 EBITDA up 113 percent from 4.2 million euros to 8.9 million euros . H1 net income was 4.0 million euros (previous year: 1.3 million euros) . Full-year EBITDA forecast for 2016 can be confirmed .FY sales forecast is confirmed with a tendency towards the upper end of the range of 231 million to 243 million euros.  Full Article

Adesso H1 operating earnings up 113 pct at EUR 8.9 million
Monday, 15 Aug 2016 10:55am EDT 

Adesso Ag : Increases operating earnings by 113 pct to 8.9 million euros ($9.97 million) to mark a new high for the first six months of 2016 / earnings per share at 0.65 euros more than tripled . For first six months of 2016 adesso reports sales of 119.0 million euros and an EBITDA of 8.9 million euros (previous year: 4.2 million euros) .Raised guidance for 2016 is reconfirmed with a positive outlook.  Full Article

Adesso extends contract with chairman Michael Kenfenheuer until end of 2021
Thursday, 19 May 2016 05:00am EDT 

Adesso AG :Early extension of executive board contract with chairman Michael Kenfenheuer until the end of 2021, the supervisory board is committed to the continuity of the management team.  Full Article

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BRIEF-Adesso FY sales up at 260.4 mln euros

* Adesso expects sales revenue to increase further in 2017, to between 270 million euros and 300 million euros