• VTech to Acquire Assets of Gigaset Communications GmbH

    VTech Holdings Limited (“VTech”, HKSE: 303), a global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of residential phones in the United States, today announced that Snom Solutions GmbH, its indirect wholly-owned subsidiary, has entered into an Assets Purchase Agreement to acquire the assets (including the manufacturing facilities located in Bocholt, Germany) of Gigaset Communications GmbH (“Gigaset”).

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  • Gigaset Initiates Investor Process - Next step in the continuation of operational business within self-administration

    The continuation of Gigaset's operational business has been successful. Development, production, and sales activities of Europe's market leader for DECT cordless phones will continue. Now, in partnership with the renowned M&A advisory firm Clearwater International, the search for investors begins in order to identify a long-term partner to ensure the company's economic future.

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  • Gigaset files for insolvency proceedings - continuation of operations under self-administration

    The Executive Board of Gigaset AG today decided to file an application for the opening of regular insolvency proceedings for Gigaset AG and an application for the opening of insolvency proceedings in self-administration for its indirect subsidiary Gigaset Communications GmbH at the competent local court in Münster due to illiquidity. The development, production and sales activities of Europe's market leader for DECT cordless phones will continue unchanged. The aim is the sustainable...

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  • Thomas Schuchardt leaves Gigaset AG

    Supervisory Board and CFO terminate appointment by mutual consent

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  • Gigaset AG presents report on the first quarter of 2023

    * Phones segment shines with year-on-year growth of 13.9%

    * Professional B2B segment (+11.2%) and Smartphones segment (+11.9%) post sharp double-digit revenue growth

    * EBITDA rises significantly to EUR 2.1 million

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  • Gigaset AG publishes 2022 Annual Report

    Forecast for fiscal 2022 achieved in full: significant increase in revenues and rise in EBITDA

    * Revenues increase by 11.1% to EUR 241.3 million (2021: EUR 217.1 million)

    * Higher revenues in the Phones (+13.2%), Professional (+8.9%) and Smartphones (+3.3%) segments

    * EBITDA rises to EUR 17.9 million (2021: EUR 17.4 million)

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  • Rainer Koppitz is a new member of the Supervisory Board of Gigaset AG

    Rainer Koppitz is a new member of the Supervisory Board of Gigaset AG. The 54-year-old succeeds Flora Shiu, who resigned from her position at the end of June 30, 2022.

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  • Gigaset AG publishes report on third quarter and first nine months of 2022

    * Nine-month turnover increased by 3.8 % overall

    * Margin burdened by material availability and inflation

    * EBITDA remains clearly positive at EUR 7.7 million in the nine-month period

     

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  • Gigaset AG adjusts outlook 2022: Significant revenue increase expected due to short-term improvement in material availability in Q4

    Bocholt, November 18th, 2022 - Gigaset AG (ISIN: DE0005156004), an international communications technology company, today announced in an ad hoc release that the forecast at the beginning of the year, which called for a slight increase in revenues and EBITDA as well as a moderately positive free cash flow, has been adjusted.

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  • Gigaset AG remains on track in a challenging environment. Slight increase in revenues, sharp improvement in earnings – Gigaset AG presents 2022 half-yearly report

    * Consolidated revenues in the first six months rise by 1,4 % year on year

    * EBITDA increases by 37.2% year over year in the first half

    * Professional segment performs strongly (31.7% increase in revenues)

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