PRESS RELEASE
Integration process and clearly defined strategy put the leading vendor of network infrastructures on track for its next phase of growth
Frankfurt, April 2013 - In the past fiscal year 2012, euromicron embarked on the 2- to 3-year build and integrate phase as part of its 15-year strategy, the final stage of which is to be achieved in 2015 with annualized sales of EUR500 million. The initial integration measures, which were launched in 2009/2010, were interrupted after reaching the EUR200 million sales mark by the early possibility of acquiring telent GmbH for the euromicron Group in 2011 and were then continued and stepped up on a broad scale in 2012. The extensive integration measures were implemented in 2012 as planned in the first stage, the growth targets of at least EUR330 million in sales were achieved.
Unique market positioning with enormous growth potential The company's positioning, which is largely unique in Germany and Europe, was created as part of a corporate strategy that is geared to a timeframe of 15 years and is now entering its final phase of implementation. 'The focus on network infrastructures - as a manufacturer, system integrator and in distribution - is proactive and forward-looking. According to a study*, global IP traffic has grown 8-fold in the past 5 years and will triple again in the next 5,' says Thomas Hoffmann from euromicron's Executive Board. Demand for euromicron's products, solutions and services is driven by this trend.
After telent GmbH, a system house for WAN services that strategically complements euromicron's portfolio, was acquired earlier than planned, integration was carried out on a broad scale in fiscal 2012. The large number of measures range from location optimization, reorganization of management structures at the operating companies, expansion and modernization of the IT landscape to investment in product developments. Professionalization of the sales team, initiation of Competence Centers, the setup of operational controlling units to establishment of a compliance organization round out the structural and integration measures.
'We did not slacken our pace in implementing the planned integration measures despite the negative impact on earnings in the course of the year and will continue them in 2013 with undiminished purpose so as to prepare our company for further growth, the Agenda 500' says Executive Board member Thomas Hoffmann.
Sights set on growth to EUR500 million in sales in 2015 euromicron has come to terms well with the structural and integration measures implemented as planned in 2012 and posted respectable figures. 'We are thus investing in the company's sustainable development and - as in the first 10 years of building the company - will benefit from that long term,' affirms Dr. Willibald Spth, Chairman of the Executive Board of euromicron. Under the Agenda 500, the company is pursuing its goal of achieving annualized sales of EUR500 million in 2015.
Further key figures: http://www.euromicron.net/finanzberichte
euromicron AG (www.euromicron.de) is an all-round solution provider for communications, transport, data and security networks. euromicron's network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies. euromicron builds its leading applications, such as security, control, healthcare or surveillance systems, on the basis of these cutting-edge network infrastructures. Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is a strongly growing, highly profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration, internationalization and expansion.
If you have any more questions, please contact: euromicron AG Zum Laurenburger Hof 76 60594 Frankfurt/Main Germany Public Relations Jrg Peter Phone: +49 (0) 173 / 66 060 31 peter@euromicron.com http://www.euromicron.com
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DGAP-News: euromicron paves the way for the 'Agenda 500'