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Gigaset AG (GGS.DE)

GGS.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Gigaset H1 EBIT down to EUR 0.5 million
Wednesday, 16 Aug 2017 01:54am EDT 

Aug 16 (Reuters) - GIGASET AG ::DGAP-NEWS: GIGASET AG ALSO ON TRACK IN THE SECOND QUARTER OF 2017.H1 ‍CONSOLIDATED REVENUE DOWN MINUS 3.6% TO EUR128.3 MILLION​.‍OUTLOOK CONFIRMED, REVENUE EXPECTED TO BEYOND LEVEL OF PREVIOUS YEAR​.H1 ‍CONSOLIDATED NET LOSS FOR YEAR 1.3 MILLION EUROS VERSUS LOSS 0.6 MILLION EUROS YEAR AGO​.H1 EBIT 0.5 MILLION EUROS VERSUS 1.2 MILLION EUROS YEAR AGO​.  Full Article

Hans-Henning Doerr, CFO, leaves Gigaset with immediate effect​
Monday, 24 Jul 2017 06:04am EDT 

July 24 (Reuters) - GIGASET AG ::DGAP-ADHOC: HANS-HENNING DOERR LEAVES GIGASET AG.‍HANS-HENNING DOERR, CFO OF GIGASET, HAS DECIDED, FOR PERSONAL REASONS, NOT TO EXTEND HIS EMPLOYMENT CONTRACT EXPIRING AT DEC 31ST​.‍DOERR HAS BEEN RELEASED WITH IMMEDIATE EFFECT​.  Full Article

Gigaset Q1 EBITDA rises TO EUR 3.1 mln
Friday, 19 May 2017 05:35am EDT 

May 19 (Reuters) - GIGASET AG ::OUTLOOK REMAINS POSITIVE: NEW PRODUCTS WILL MAKE A DOUBLE-DIGIT CONTRIBUTION TO REVENUE AS EARLY AS THIS YEAR.Q1 EBITDA RISES SHARPLY TO €3.1 MILLION (Q1 2016: €1.2 MILLION).Q1 CONSOLIDATED NET LOSS FOR YEAR FELL TO EUR 1.5 MILLION (PREVIOUS YEAR: NET LOSS OF EUR 2.6 MILLION).Q1 CONSOLIDATED REVENUE IN THE CONSUMER PRODUCTS SEGMENT FALLS TO €58.4 MILLION FOR MARKET-RELATED REASONS (Q1 2016: €61.9 MILLION).  Full Article

Gigaset FY consolidated profit 4.32 million euros
Friday, 21 Apr 2017 01:22am EDT 

April 21 (Reuters) - Gigaset AG ::FY revenue 281.932 million euros ($302.09 million) versus 305.347 million euros year ago.FY EBIT at 12.8 million euros versus loss 16.3 million euros year ago.FY consolidated profit 4.317 million euros versus loss 22.0 million euros year ago.  Full Article

Gigaset prelim FY 2016 EBITDA up at 28 million euros
Tuesday, 7 Mar 2017 07:31am EST 

Gigaset Ag : Gigaset to expect profit for fiscal year 2016 . Expects a profit of 4 million euros ($4.23 million)on basis of provisional unaudited figures with an overall turnover of 282 million euros for fiscal year 2016 due to successful realignment of company . FY EBITDA increased from 11 to 28 million euros .For the first time in several years, company will also generate a positive free cash flow of 7 million euros, which is due to cost savings and a shift in expenditures and taxes to year 2017.  Full Article

Gigaset consolidated net loss narrows to EUR 0.4 million
Friday, 18 Nov 2016 03:25am EST 

Gigaset AG : Q3 consolidated revenue of 192.1 million euros ($203.76 million) (Q3 2015: 208.4 million euros) . Q3 consolidated net loss for year falls significantly to 0.4 million euros (Q3 2015: net loss of 14.7 million euros) . Q3 result from core business before depreciation and amortization increases sharply to 12.3 million euros (Q3 2015: -4.9 million euros) . Sees FY positive result before depreciation and amortization, EBITDA in amount of about 20.0 million euros and a positive free cash flow of current business .Group reorganization taking effect - significant improvement in key figures.  Full Article

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