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Gigaset AG (GGS.DE)

GGS.DE on Xetra

0.72EUR
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Gigaset H1 EBIT rises by EUR 16.7 mln to EUR 1.4 mln
Thursday, 11 Aug 2016 02:03am EDT 

Gigaset AG : Gigaset expects a positive income from ordinary activities for 2016 after successful first two quarters . H1 positive income from ordinary activities (income before taxes) 0.6 million euros ($669,840.00) after a loss of 9.3 million euros in previous year . H1 EBIT improved by 16.7 million euros to 1.4 million euros . Raises outlook for full year 2016 . Now expects a positive income from ordinary activities (income before taxes) for 2016 .Now expects 2016 EBITDA of around 20 million euros and a positive free cash flow from business operations, which will be slightly negative solely due to tax payments from past years.  Full Article

Gigaset says Hongbin (Hadwin) He leaves executive board
Friday, 29 Jul 2016 05:09am EDT 

Gigaset AG :Hongbin (Hadwin) He, who was appointed to executive board of Gigaset AG on 1.9.2015, has today resigned from his position for personal reasons and with immediate effect.  Full Article

Gigaset appoints new CEO and CFO
Wednesday, 16 Dec 2015 09:16am EST 

Gigaset AG:Re-staffs executive board.Appoints Klaus Wessing and Hans-Henning Doerr as new CEO and CFO with immediate effect​.  Full Article

Gigaset AG to cut 550 jobs by end of 2018
Monday, 30 Nov 2015 08:05am EST 

Gigaset AG:Due to declining market outlook, during next three years Gigaset Group will entirely realign business segment of cordless phones for private customers.In this context company plans, inter alia, to gradually cut around 550 out of 1,250 jobs worldwide by end of 2018.  Full Article

BRIEF-Gigaset H1 EBIT down to EUR 0.5 million

* DGAP-NEWS: GIGASET AG ALSO ON TRACK IN THE SECOND QUARTER OF 2017