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Adesso AG (ADNGk.F)

ADNGk.F on Frankfurt Stock Exchange

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

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

Adesso Q1 EBITDA rises to EUR 3.8 million
Friday, 13 May 2016 01:30am EDT 

Adesso AG : Q1 increase in sales to 56.1 million euros ($63.81 million) (+ 33 percent) . Q1 EBITDA of 3.8 million euros (previous year: 1.5 million euros, impacted by investments) .Guidance for year is confirmed following acquisition-related increase.  Full Article

adesso Q1 operating income up by 150 pct at 3.8 million euros
Tuesday, 10 May 2016 08:41am EDT 

Adesso Ag : Increases operating income by 150 pct to 3.8 million euros ($4.32 million) in the first quarter of 2016 / guidance for 2016 confirmed after acquisition-related increase . Q1 sales of 56.1 million euros (previous year: 42.1 million euros) . 2016 raised sales forecast is now expected in range from eur 231 million to 243 million euros . Partly sales and earnings growth results from acquisition in switzerland in mid-2015 .Forecast for 2016 operating result EBITDA in range from eur 17.0 million to 19.5 million euros.  Full Article

Adesso acquires Smarthouse Media GmbH
Wednesday, 4 May 2016 07:02am EDT 

Adesso AG:Expands banking portfolio and customer base with takeover of Smarthouse Media GmbH.Purchase price amounts to 24 million euros.Supervisory board of adesso approved transaction today, and deal will also be closed today.Will finance 20 million euros of that amount through an acquisition loan with a term of 7 years at a fixed interest rate of 1 pct.  Full Article

More From Around the Web

BRIEF-Adesso signs strategic cooperation agreement with "DIE SOFTWARE Peter Fitzon GmbH"

* Signed strategic cooperation agreement with the company "DIE SOFTWARE Peter Fitzon GmbH" Source text - http://bit.ly/2k1Nlzu