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Currency and short-term material effects in Q4 have less impact on 2022 outlook than expected. EBITDA forecast for 2022 is raised.
The Executive Board today raised its corporate forecast, which was last adjusted on November 18th 2022.
* EBITDA* forecast improves, slight increase expected compared to 2021
* Revenue increase between EUR 235 million and 250 million confirmed unchanged
* Moderately positive free cash flow confirmed unchanged
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Currency and short-term material effects in Q4 make it neces-sary to adjust the outlook for 2022 - revenue increase expected
A change in the information position and a current assessment of the further course of business in 2022 have today prompted the Executive Board of Gigaset AG to adjust the company's previous forecast.
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Gigaset AG appoints Dr. Magnus Ekerot as new CEO and Chairman of the Executive Board
With today's resolution, the Supervisory Board of Gigaset AG has appointed Dr. Magnus Ekerot (53) as new CEO and Chairman of the Executive Board of the com-pany for a period of three years. He is scheduled to take up his duties on January 1st, 2023 at the latest.
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Gigaset AG adjusts revenue expectation and free cash flow for 2021 due to supply bottlenecks in the semiconductor segment. EBITDA improves.
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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.
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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.
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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.
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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.
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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.
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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.
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