PRESS RELEASE: EQS Group AG Achieves Strong Third Quarter Results
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DGAP-News: EQS Group AG / Key word(s): Quarter Results/Forecast EQS Group AG Achieves Strong Third Quarter Results
29.11.2013 / 08:30
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Corporate News
EQS Group AG Achieves Strong Third Quarter Results Revenue increases by 22%
Munich - November 29, 2013
EQS Group AG (ISIN: DE0005494165) remained on its growth course in Q3 of 2013. For the period July - September 2013, Group revenue was EUR 3.853 million, representing a 22% increase to the third quarter of the previous year. EBIT, according to IFRS, grew by 25% to EUR .732 million. EQS Group's net profit was EUR .432 million, equaling EUR .36 earnings per share.
The first nine months of 2013 resulted in revenues of EUR 11.489 million, EBIT aggregates amounting to EUR 1.947 million and a Group surplus of EUR 1.222 million. Earnings per share, according to DVFA / SG, are EUR 1.03.
'We're very pleased with the course of business in the first nine months. The Group's results are all the more impressive, considering the ongoing slump in Germany's IPO market as well our investment in the growth market of Asia,' said Achim Weick, CEO of EQS Group AG.
EQS Group's activities in Switzerland and Russia have also developed positively in Q3 of 2013. The build up of the Hong Kong-based EQS Asia Ltd. continues according to plan. The liquidation of the Hungarian affiliate DGAP-Geoinfo Zrt. has been completed.
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PRESS RELEASE: EQS Group AG Achieves Strong Third Quarter Results
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