EquityStory AG / Final Results/Dividend
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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EquityStory AG delivers another record result for 2008
Profits increase by 15 per cent. Increase of dividends by 20 per cent
Munich - 03.04.2009
EquityStory AG (ISIN: DE0005494165) has once again delivered a record
result for the fiscal year 2008. The group revenues amounted to EUR 9.354
million, representing an increase of 12 per cent against the previous year.
In accordance with IFRS, the EBIT increased by 4 per cent to EUR 3.173
million. The group's net profit totalled EUR 2.089 million. The earnings
per share according to DVFA/SG peaked once again at EUR 1.76, and were 15
per cent higher compared to last year's performance.
For the months from October to December 2008 revenue came to EUR 2.687
million with an EBIT according to IFRS of EUR .903 million, and a group net
income of EUR .473 million. Thus the profit per share for the fourth
quarter according to DVFA/SG was EUR .40.
Therefore EquityStory AG met its own revenue prognosis from November 2008.
The group profit grew disproportionately compared to the revenue growth.
Due to the unexpectedly strong deterioration of the segment 'Regulatory
Information & News' in Q4 2008, the predicted disproportionate EBIT growth
could not be achieved. Based on a smaller number of disseminated news items
revenues went down by 15 per cent although the market share was increased.
Achim Weick, EquityStory AG's CEO stated: 'Overall we are very content with
our performance for the fiscal year 2008. With our markedly successful
entry in the market for Online Corporate Communications we have laid the
foundation for sustained growth outside the area of stock-listed companies.
The financial crisis has noticeably worsened during Q4 2008. The trading
volumes of the stock exchanges have collapsed, which was responsible for a
significant decline of company news flow. However, despite all this we have
achieved the best result in the company's history. Our share holders shall
benefit by a 20 per cent increased dividend.'
At the shareholder meeting on 15.05.2009 EquityStory AG's board of
directors and the supervisory board will propose a dividend payment of
EUR .60 per share.
For the fiscal year 2008 the cash flow according to DVFA/SG amounted to
EUR 2.249 million. The equity ratio is at 79 per cent. The liquid funds on
31.12.2008 were EUR 1.189 million.
Despite a strong headwind due to the financial crisis, the management sees
the EquityStory group very well positioned and well prepared for the fiscal
year 2009. In this respect the geographical expansion made significant
progress with the establishing of a Russian affiliate and by winning the
first major customer (Gazprom Neft). Furthermore the market entry for
Online Corporate Communications was managed successfully. Only just after
establishing this business entity, it now serves with over 1,300 customers
the same number as all other areas of the EquityStory group. Even in Q4 of
2008 the number of customers was be doubled. The extension of customer
relations will be the focus for the fiscal year 2009.
Extensive synergies within the EquityStory group could be realised. Despite
a difficult market environment, financial.de could sustain its position and
possesses a stable financial community with approximately 115,000 users.
Furthermore ARIVA.DE AG (25.44%) has won a major order from Scoach Europe
AG now offering a mutual data base for certificates with Europe's leading
exchange for certificates and warrants.
Against the background of the financial market crisis from mid-2008 the
market environment for EquityStory AG was clearly weak. In particular, due
to an unexpectedly strong decline in the usually robust segment 'Regulatory
Information & News', two more difficult quarters are to be expected.
However, the management is optimistic they can compensate the decline
during the second half-year 2008 by new business activities in 2009.
EquityStory's management will comment on the company results in today's
conference call from 11:00 am (CET) to be transmitted live via internet at
Important figures according to IFRS 01.01.- 01.01.- Change
Sales (EUR million) 9.354 8.339 +12%
EBIT (EUR million) 3.173 3.045 + 4%
Net profit (EUR million) 2.089 1.815 +15%
Earnings per share DVFA/SG (EUR) 1.76 1.53 +15%
Cash Flow DVFA/SG (EUR million) 2.249 2.023 +11%
Cash and cash equivalents
(EUR million) 1.189 738 +61%
Personnel (concern / end of period) 56 44 +27%
Q4 figures are unaudited. 2008 full-year figures are audited.
You will find the complete annual report on www.equitystory.de's
investor relations section also, as interactive version as well as
You can also instantly receive company notifications of EquityStory AG on
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About EquityStory concern
With more than 2,500 customers EquityStory is a leading provider in the
German-language area for online corporate communication services.
Corporate customers from Europe and North America use its one-stop shop
communication solutions in the areas of investor relations and corporate
communications. Besides the services for the compliance with statutory
requirements, the service range also comprises the dissemination of
corporate news, the development of financial portals and websites, the
execution of audio and video conferences, as well as the generation of
online financial reports.
Established in 1996 and market leader ever since, is the 100% affiliate
Deutsche Gesellschaft für Ad-hoc-Publizität mbH (DGAP), an institution for
the compliance of stock-listed companies with regulatory requirements. With
its business unit Online Corporate Communications DGAP addresses non
stock-listed companies with a comprehensive offer.
EquityStory group's investments in financial.de AG (100%) and ARIVA.DE AG
(25.44%) has opened the markets for b2c investor relations, and the supply
of financial data and advertising in the financial sector.
The EquityStory group employs a total of 103 employees in its offices in
Munich, Kiel, Frankfurt, Hamburg, Zurich, Moscow and Budapest.
Tel +49(0)89 210298-34
Fax +49(0)89 210298-49
03.04.2009 Financial News transmitted by DGAP
Issuer: EquityStory AG
Phone: +49(0)89 210298-0
Fax: +49(0)89 210298-49
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard
End of News DGAP News-Service
EquityStory AG delivers another record result for 2008
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