• Financial Numbers 2017: Gigaset on a profitable growth

    Gigaset AG presents numbers for 2017 – outlook on 2018 positive

     

    • Operational strategy pays off: Gigaset on a profitable growth trajectory

    • Consolidated revenue rises by 4.0% to €293.3 million: New business segments increase revenue sharply

    • EBITDA of €25.3 million, up on the previous year despite higher marketing and development expenditure for new and future product segments

    • Positive outlook for 2018 as well: Yet another increase in revenue is forecast due to further expansion of the...

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  • Gigaset AG paves the way for a program of investment in the future

    Gigaset AG (ISIN: DE0005156004), an internationally operating company in the area of communications technology, today announced that the Supervisory Board of Gigaset AG approved investments of up to EUR 20 million. The credit agreement to be concluded between Gigaset Communications GmbH, a subsidiary of Gigaset AG, and a German regional bank as book runner has a term of 4.5 years and aims to expand the product portfolio in order to tap into new sales potentials.

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  • Gigaset grows matching expectations entirely

    Gigaset AG presents preliminary, unaudited figures for fiscal year 2017

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  • Gigaset appoints Stephan Mathys as new Chief Financial Officer

    Today the Supervisory Board of Gigaset AG appointed Stephan Mathys (49) as new Chief Financial Officer (CFO) and member of the board of Gigaset AG for three years with effect from February 1, 2018.

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  • Q3 2017 Results: Optimization of the product portfolio reaps further rewards in the third quarter of 2017

    * Consolidated revenue down by 2.1% to €188.0 million in a recovering, yet still challenging market environment in the Consumer Products segment.

    * Further gains in market share in core business of cordless phones and growth at all other Business Units: Business Customers, Home Networks and Mobile Devices

    * Outlook confirmed, revenue expected to be above the level of the previous year

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  • Gigaset also on track in the second quarter of 2017

    Gigaset AG (ISIN: DE0005156004), an internationally operating company in the area of communications technology, today published its business figures for the first half of 2017. The figures clearly show that the company’s realignment is starting to bear fruit. Although the company suffered a slight drop in revenue of 3.6% to €128.3 million due to the difficult market environment in the Consumer Electronics segment, all the other Business Units achieved a significant increase in revenue.

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  • Hans-Henning Doerr leaves Gigaset AG

    Mr. Hans-Henning Doerr, CFO of Gigaset AG, has decided, for personal reasons, not to extend his employment contract expiring at the end of the year.

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  • Revenue increases in growth areas in the first quarter of 2017 – Gigaset expands its strategic position in Europe

    * Consolidated revenue in the Consumer Products segment falls to €58.4 million for market-related reasons (Q1 2016: €61.9 million)

    * Cost-cutting measures are having an impact: EBITDA rises sharply to €3.1 million (Q1 2016: €1.2 million)

    * Outlook remains positive: New products will make a double-digit contribution to revenue as early as this year

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  • Annual Financial Report 2016: good figures confirmed

    * Rigorous implementation of the operational realignment paying off

    * Consolidated revenue of €281.9 million in what continues to be a challenging market environment

    * Cost cuts are making an impact: The result from core business before depreciation and amortization increased by 136% to €25.0 million

    * Positive free cash flow (€7.2 million) for the first time since 2011

    * Positive outlook for 2017

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  • Gigaset to expect profit for Fiscal Year 2016

    Gigaset AG expects a profit of €4 million on the basis of the provisional unaudited figures with an overall turnover of €282 million for fiscal year 2016 due to the successful realignment of the company. EBITDA increased from €11 to €28 million. For the first time in several years, the company will also generate a pos-itive free cash flow of €7 million, which is due to cost savings and a shift in expenditures and taxes to the year 2017.

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