Profit hike for Ascom

Jul 17, 2013

Based on preliminary figures, Ascom is expecting a Group profit for the first half-year of 2013 of around CHF 14.5 million.

Strong first half-year 2013
Based on preliminary figures, Ascom increased the incoming orders in the first half-year of 2013 by 19.5% to around CHF 260 million (H1/2012: 217.4 million). The Group generated revenues of around CHF 225 million (H1/2012: 213.4 million), corresponding to a growth rate of 5.5%.

Ascom closed the first half-year 2013 with a significant improvement of the EBITDA amounting to around CHF 28 million resulting in an EBITDA margin of 12.4%. Ascom is expecting a Group profit for the first half-year 2013 of around CHF 14.5 million (H1/2012 as reported: CHF 2.6 million), which represents a substantial increase over the same period last year.

Final results
Ascom will publish further information and full details on its financial statements as well as the complete 2013 Half-Year Report on 22 August 2013.

The H1/2012 results will be slightly higher due to a restatement required in accordance with IAS 19.

This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).

This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).