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