DGAP-News: Francotyp-Postalia Holding AG: Francotyp-Postalia anticipates positive revenue and EBITDA development in
(firmenpresse) - Francotyp-Postalia Holding AG / Final Results/Final Results
29.04.2010 07:25
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Francotyp-Postalia anticipates positive revenue and EBITDA development in
2010
- FP Group confirms provisional figures on presentation of the 2009
Annual Report
- Company generates revenues of EUR 129.0 million and EBITDA of EUR 20.6
million in 2009
- Free cash flow increases to EUR 9.8 million in 2009
Birkenwerder, 29 April 2010. Francotyp-Postalia Holding AG, a global
service provider for professional mail management, today presented its 2009
Annual Report. In it, the company confirms the provisional figures
published in February 2010.
Despite a fall in revenues caused by the economic crisis to EUR 129.0
million after 142.4 million the previous year, the FP Group sustainably
increased its earnings and financial power in 2009. Earnings before
interest, tax, net financial income, depreciation and amortisation (EBITDA)
rose to EUR 20.6 million in the reporting year compared with EUR 18.2
million in 2008. Free cash flow, the sum of cash inflows from operating
activities and cash outflows from investing activities, increased from EUR
3.5 million to EUR 9.8 million in this period.
In the most severe recession of the post-war period, the FP Group profited
in 2009 from its high share of recurring revenue and the timely
exploitation of promising service markets. Recurring revenue, which mainly
comes from service agreements, leasing, teleporto and the sale of
consumables for more than 260,000 franking machines worldwide, reached EUR
95.5 million in 2009 compared with EUR 96.6 million the previous year.
Consolidation business in the Services segment also contributed to this
high level of stability, with revenue rising to EUR 11.7 million as against
EUR 11.2 million in 2008. The FP Group also generated higher revenues in
software solutions for professional mail processing, with EUR 4.4 million
after EUR 4.2 million in 2008.
Growth potential in Asia and in Services and Software
The hesitant economic recovery notwithstanding, the FP Group is assuming a
positive trend in total revenue and EBITDA for the current financial year.
Hans Szymanski, CFO of the FP Group, commented: 'We will continue to focus
on high-margin products and services to further improve the company's
earnings and financial power'. The Management Board sees good opportunities
for growth, particularly in the Software and Services segments. The
internationalisation of the software business is enabling the FP Group to
tap new sales markets. The hybrid mail product FP webpost will be launched
on the market in Great Britain in May 2010; other countries will follow.
The FP Group is also specifically expanding its Asian business in 2010 with
the aim of participating in the region's anticipated growth. The recent
certification of the ultimail franking machine for the Indian market is an
important step in the planned expansion.
Comprehensive information on the annual financial statements can be found
on our website: http://www.francotyp.com
Contact
Francotyp-Postalia Holding AG
Corporate Communication
Sabina Prüser
Tel: +49 (0)3303 525 410
Fax: +49 (0)3303 53707 410
E-mail:s.prueser(at)francotyp.com
The FP Group in Brief
Francotyp-Postalia Holding AG (FP Group) is a leading manufacturer of
franking machines covering the whole value added chain in the outbound mail
market. Its products and services range from franking and inserting
machines to the collection, sorting and consolidation of outbound mail, as
well as electronic hybrid mail solutions offering 21st century mail
processing. With its headquarters in Birkenwerder near Berlin, the FP Group
offers businesses of all sizes individually tailored mail management
solutions. The FP Group has local branches in many industrialised countries
and currently holds over 9% of the worldwide franking machine market. With
a corporate history extending back over 85 years, today the FP Group is
profiting from the growing liberalisation of mail markets and the
increasing interest of businesses to delegate their outbound mail
operations to professional service providers. In financial 2009, the Group
employed around 1,000 people, with revenue of 129.0 million euros and an
EBITDA of 20.6 million euros.
29.04.2010 07:25 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: Francotyp-Postalia Holding AG
Triftweg 21-26
16547 Birkenwerder
Deutschland
Phone: +49 (0)3303 525 777
Fax: +49 (0)3303 53 70 77 77
E-mail: ir(at)francotyp.com
Internet: www.francotyp.com
ISIN: DE000FPH9000
WKN: FPH900
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart
End of News DGAP News-Service
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Datum: 29.04.2010 - 07:25 Uhr
Sprache: Deutsch
News-ID 19892
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