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11.04.2014

EQS Group AG has excellent 2013 fiscal year

EQS Group AG  / Key word(s): Final Results/Change of Personnel

11.04.2014 08:30

Dissemination of a Corporate News, transmitted by DGAP - a company of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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EQS Group AG has excellent 2013 fiscal year 
Change in Management Board: Robert Wirth to leave EQS Group at year's end


Munich - April 11, 2014

EQS Group AG (ISIN: DE0005494165) achieved excellent annual results for the
2013 fiscal year. Group revenue was EUR 15.829 million, representing an 11%
increase over the previous year. According to IFRS, EBIT was down slightly
by 2% to EUR 3.278 million. The Group's net profit was EUR 2.182 million,
equalling EUR 1.83 earnings per share.

For the period of October-December 2013, Group revenue was EUR 4.339
million. EBIT, according to IFRS, was EUR 1.331 million. The Group's net
profit for the fourth quarter was EUR .960 million, equalling EUR 0.81
earnings per share.

The Guidance issued at the start of 2013 regarding revenue was achieved,
marking a new reporting high. The EBIT, however, fell slightly short of
the prognosis due entirely to rent accruals for terminated office space in
conjunction with the Group's planned move to a new company headquarter in
Munich. Robust investment in the Group's expansion into Asia also had a
negative effect on operating results.

The EQS Group AG's board of directors and the supervisory board will
propose a dividend payment of EUR 0.75 per share (as was paid in 2013, as
well) at the general meeting on May 28, 2014.

Operating cash flow in the 2013 fiscal year is EUR 2.476 million (EUR 2.025
million), with an equity ratio of 78% on December 31, 2013, and liquid
assets equalling EUR 2.980 million.

Achim Weick, EQS Group AG's CEO states: "The 2013 business year was very
successful for us. We further solidified out dominant domestic market
position and continued our international expansion. Despite sizeable
investment in international growth, EQS Group operatively earned as much as
it did the previous year."

The Regulatory Information & News segment benefited from an 8% increase in
distribution volume compared to the previous year. As expected, DGAP
continued to be the first-choice supplier for statutory compliance services
for publicly-listed companies in 2013. EQS Group's successful acquisition
of euro adhoc's customer base in Germany and Switzerland showed positive
effects, adding over 200 news customers and expanding its market position
while stemming the negative trend of listed companies leaving the regulated
market.

The Products & Services segment also had an equally strong increase in
revenue and results. Both the implementation of online annual reports as
well as the financial reports submission service to the German Federal
Gazette contributed to growth.

The Group continued its geographic expansion. Our Russian subsidiary had a
very successful 2013, resulting in its first profitable year. Our position
as premium supplier offers excellent growth opportunities with Russian
large caps. Furthermore, we have been able to continually strengthen our
market position in Switzerland. The start-up EQS Asia Limited, domiciled in
Hong Kong, began operations at the beginning of last year. Hong Kong's
positive IPO climate, regulators' and investors' growing transparency
demands, the city's geographical proximity to China and the nearby
Asian-Pacific markets of Singapore and Taiwan together offer excellent
growth possibilities for the EQS Group.

Both our affiliate EQS Financial Markets & Media GmbH (100%) and our equity
holding ARIVA.DE AG (25.44) contributed positively to the operating result.


Change in Management

Management Board member Robert Wirth requested the termination of his
management contract in yesterday's Supervisory Board meeting, effective on
December 31, 2014. The Board agreed to his request with deep regret. Rony
Vogel, Chairman of the EQS Group AG Supervisory Board stated, "Robert Wirth
helped to build the EQS Group from its very beginnings and his influence is
deeply rooted within the company. He has worked tirelessly for 14 years
with extraordinary knowledge and passion directed at the company's success.
We understand his desire to dedicate more time to his private life and wish
all the best." Robert Wirth intends to stand for membership in the
supervisory board at the 2015 annual meeting while in the meantime
maintaining his connection to the EQS Group as a consultant and
shareholder. Christian Pfleger will succeed Robert Wirth in the Management
Board, effective January 1, 2015.


New Reporting Highs Expected in 2015

EQS Management intends to make the Group a worldwide leading international
provider for online investor relations, a goal requiring further
investment.

Management therefore anticipates revenue increases of up to 10% to
EUR 15.8-17.3 million with a shrinking EBIT of 15% to EUR 2.79-3.23
million.

Management expects to set new sales record in the 2015 fiscal year, in
revenues as well as EBIT.

EQS Group's management will comment on the company results in today's
conference call beginning at 11:00 a.m. (CET) to be transmitted live via
internet at www.eqs.com.


Key figures (IFRS)                     FY 2013       FY 2012       + / -

Revenue (EUR million)                   15.829        14.220       +11 %
EBIT (EUR million)                       3.278         3.351        -2 %
Net profit (EUR million)                 2.182         2.214        -1 %
Earnings per share (EUR)                  1.83          1.86        -1 %
Earnings per share non-IFRS (EUR)         1.83          1.93        -5 %
Cash flow from operations (EUR)          2.476         2.025       +22 %
Liquid assets (EUR million)              2.980         2.748        +8 %
Employees (period average)                 105           105         0 %


Further Notifications Q4 figures are unaudited. 2013 full-year figures are audited. The complete annual report can be found on www.eqs.com investor relations section, both as interactive and download version. You can also instantly receive free company notifications of EQS Group AG on your mobile device. We will inform you via text messages and offer news downloads to your smart phone. Please register under the investor relations section at www.eqs.com. About EQS Group Serving more than 7,000 international customers, EQS Group is the leading provider of online corporate communication services. For Investor Relations and Corporate Communications services, leading companies from Europe, Asia and North America use our web solutions, all from a single source. In addition to services aimed at ensuring companies comply with statutory requirements, the EQS service range includes dissemination of corporate news and press releases, development of financial portals, websites and apps, streaming of audio and video webcasts, and the creation of online financial reports. The market leader since its establishment in 1996, the Deutsche Gesellschaft für Ad-hoc-Publizität mbH or DGAP (a 100% EQS subsidiary) is a vital institution for publicly-listed companies' compliance with statutory requirements. Through its subsidiary Financial Markets & Media GmbH (100%) and a strategic holding in ARIVA.DE AG (25.44%), the EQS Group offers services for B2C investor relations, financial data and online advertising in the financial sector. The EQS Group employs 165 employees at its offices in Munich, Kiel, Hamburg, Zurich, Moscow, and Hong Kong. Contact: Robert Wirth EQS Group AG Seitzstraße 23 D-80538 München Tel.: +49 89 21 02 98 - 34 Fax: +49 89 21 02 98 - 49 E-Mail: robert.wirth@eqs.com www.eqs.com 11.04.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: EQS Group AG Seitzstraße 23 80538 München Germany Phone: +49(0)89 210298-0 Fax: +49(0)89 210298-49 E-mail: info@eqs.com Internet: www.eqs.com ISIN: DE0005494165 WKN: 549416 Listed: Freiverkehr in Berlin, Düsseldorf, München (m:access), Stuttgart; Frankfurt in Open Market (Entry Standard) End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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