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...

Thomas Schuchardt leaves Gigaset AG

Supervisory Board and CFO terminate appointment by mutual consent

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

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)

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.

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

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.

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)

Dr. Magnus Ekerot appointed new CEO of Gigaset AG

Dr. Magnus Ekerot, currently Senior Vice President at Bosch Security and Safety Systems, is joining Europe's leading telecommunications manufacturer Gigaset as CEO and Chairman of the Management Board. The Supervisory Board of Gigaset AG has appointed Dr. Ekerot for a three-year term with today's resolution. Dr Magnus Ekerot (53) will take over the CEO role from Klaus Weßing (65), who has been CEO of Gigaset AG since 2015 and will leave the company in the course of 2023 at the latest to retire.

Plus X Award 2022: Gigaset retail brand of the year again

The Gigaset brand is at home in Germany, Europe and the world. The traditional company is not only Europe's No. 1 for DECT telephony but also one of the best-known telecommunications brands worldwide. In around 54 countries, private and business customers alike appreciate the quality, design, functionality and sustainability of the company's products. This decades-long success would not be possible without a close partnership with specialist retailers. This year, Gigaset is once again being...