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DGAP-News: exceet Group SE / Key word(s): Interim Report/Quarter Results exceet Group SE: Modest start into 2013 in a difficult economic environment

13.05.2013 / 19:56

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Press Release

Modest start into 2013 in a difficult economic environment

- Sales of EUR 43.1 million representing a decrease of 6,4 %

- EBITDA of EUR 2.9 million, reflecting 6,6% EBITDA margin

- Net earnings of EUR 3.2 million (against EUR -2.7 million in Q1 2012)

- Strong start in Q2

Luxemburg, May 13, 2013 - exceet Group SE, a leading international provider of intelligent electronics and security solutions, posts consolidated sales of EUR 43.1 million (EUR 46 million in Q1 2012) for the first three months of the current business year. Organically the group's sales declined by 16.5 % in comparison to an exceptional strong Q1 2012. The first quarter showed a cautious ordering behaviour of several key customers, which have requested postponed deliveries. However, exceet estimates that the order situation will recover during the running year. The very positive start in Q2 confirms the overall expectations for 2013.

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DGAP-News: exceet Group SE: Modest start into 2013 in a difficult economic environment