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28.05.2014

EQS Group AG has subdued start to 2014

EQS Group AG  / Key word(s): Quarter Results

28.05.2014 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 subdued start to 2014
Investments in the growth market of Asia impact on result

Munich - 28.05.2014

EQS Group AG (ISIN: DE0005494165) started the new financial year well and
was able to further build on its market position in its profitable core
business. Group revenue was EUR 3.320 million representing a 1 percent
increase to the first quarter of the previous year. EBIT, according to IFRS
was down by 54 percent to EUR .198 million. EQS' Group's net profit was EUR
.34 million, equaling EUR 0.03 earnings per share.

The drop in EBIT and net income is largely due to expansion in Asia. Costs
totalling EUR .180 million were accrued to set up EQS Asia based in Hong
Kong and the technology center in India, as well as the legal and
consultancy costs associated with the acquisition of TodayIR. Furthermore,
the media business involving issuers of SME bonds (Mittelstandsanleihen)
has come to a standstill. The crisis in the Ukraine also had a negative
impact on our subsidiary in Russia.

Achim Weick, EQS's Group AG's CEO stated: "Although the IPO market has not
really got started in Germany yet and the trend of companies completely
delisting is continuing, we were able to slightly increase our sales. The
first quarter's earnings figures do not reflect the EQS Group's successful
strategic approach. We are tapping into new growth potential in Asia, which
will lead to high increases in value for our company over the coming
years."

Unchanged outlook

For the 2014 fiscal year, management expects revenue increase of up to 10
percent, from EUR 15.83 million to 17.41 million with a shrinking EBIT of
up to 15 percent to EUR 2.79 to 3.23 million. The management board is
expecting new records for both the sales revenues and EBIT in the financial
year 2015. Management expects to set new sales record in the 2015 fiscal
year, in revenues as well as EBIT.

This outlook, as described previously in the forecast report, specifically
applies assuming there is a recovery in issuing activity in the SME bonds
segment during the course of the year.

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)                      Q1 2014      Q1 2013       + / -

Revenue (EUR million)                     3.320        3.276         +1%
EBITA (EUR million)                        .269         .453        -41%
EBIT (EUR million)                         .198         .428        -54%
Net profit (EUR million)                    .34         .291        -88%
Earnings per share (EUR)                   0.03         0.24        -88%
Operating Cash flow (EUR million)         1.009       -3.008      >-100%
Liquid assets (EUR million)               3.607         .337       >100%
Employees (period average)                  111          103          8%
 
Further Notifications Q1 figures are unaudited. The complete quarterly 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 EquityStory AG on your mobile device. We will inform you via text messages and offer news downloads to your smart phone. Please register in 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 200 employees at its offices in Munich, Kiel, Hamburg, Zurich, Moscow, Hong Kong, Shenzhen, Singapore and Taipei. 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 28.05.2014 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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