Gigaset AG adjusts revenue expectation and free cash flow for 2021 due to supply bottlenecks in the semiconductor segment. EBITDA improves.

Gigaset signs exclusive agreement with Unify

Gigaset Communications GmbH, a subsidiary of Gigaset AG, has signed an exclusive agreement with Unify Software and Solutions GmbH & Co. KG.

Gigaset expects higher EBITDA for Fiscal Year 2019

Based on current information and assessments, the Executive Board of Gigaset AG today came to the conclu-sion that the forecast according to which EBITDA is expected to be at the previous year's level in 2019 needs to be adjusted positively.

Gigaset AG adjusts 2019 outlook

Based on current information, the Executive Board of Gigaset AG today came to the conclusion that the previously expected slight increase in revenue compared with 2018 is unlikely to be achieved.

Chairman of the Supervisory Board of Gigaset AG passed away

Today, Gigaset AG has noted with great regret that the Chairman of the Supervisory Board, Mr. Bernhard Riedel (57), who has been in this position since March 22, 2013, has passed away today.

Stephan Mathys leaves Gigaset AG

Mr. Stephan Mathys, CFO of Gigaset AG, has decided, for personal reasons and in consens with the Supervisory Board, to resign from the Executive Board of Gigaset AG with immediate effect.

Gigaset AG adjusts free cash flow and revenue expectations for 2018

Executive Board today came to the conclusion that the previously expected revenue increase of a high single-digit million amount is unlikely to be achieved.

Supervisory Board of Gigaset AG approves financing for investments of up to EUR 20 million

Today, 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.

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.

Hans-Henning Doerr leaves Gigaset AG

Mr. Hans-Henning Doerr, CFO of Gigaset AG, has decided, for per-sonal reasons, not to extend his employment contract expiring at December 31st, 2017. Mr. Doerr has been released with immediate effect.