• AGM confirms strategy: Executive and Supervisory Boards' course approved by large majority

    Around 150 shareholders, shareholder representatives and guests attended the AGM of Gigaset AG at the Hanns Seidel Foundation in Munich. The investors present were asked to vote on six agenda items, which were approved by a large majority.

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  • Gigaset posts consolidated profit and positive free cash flow in Q2. Significant improvement in the funding base

    Thanks to successful implementation of the efficiency programs and the elimination of negative one-off tax effects from the previous year, Gigaset AG was able to again post positive consolidated net income of €1.3 million from continuing operations in the second quarter of 2014. The company made a net loss of €9.4 million in the same period of the previous year.

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  • CFO Dr. Alexander Blum to leave Gigaset at the end of the year

    Dr. Alexander Blum, the Chief Financial Officer of Gigaset AG, today informed the Supervisory Board that he will terminate his contract of employment by the due date effective December 31, 2014. Dr. Blum will fully discharge his duties until the end of the year so that a successor can be appointed and become familiarized with the tasks. That will ensure a smooth handover.

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  • Gigaset repays all bank debts and completes extensive restructuring of its funding base

    Gigaset AG today repaid all its financial liabilities, including all unpaid interest, totaling €25.0 million. This was made possible by the proceeds from the capital measures that were successfully placed recently and brought Gigaset in a net sum of €33.9 million. "The Gigaset Group is now completely free of financial debt and so has a raft of new options to ensure that its growth strategy can be financed further," says CFO Dr. Alexander Blum.

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  • Gigaset AG obtains around €33.9 million from successful placement of the capital increase and convertible bond

    As part of the rights offers made by Gigaset AG (ISIN DE0005156004) and completed as scheduled on July 14, 2014, 3,5% of the subscription rights to shares and 1,5% of the subscription rights to convertible bonds were exercised.

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  • Brodos markets products from Gigaset

    Brodos is now a direct distribution partner of Gigaset Communications GmbH and so offers tablets, the smart home solution elements and consumer fixed-network phones from the telecommunications vendor. Authorized specialty retailers can obtain the Gigaset products through Brodos.

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  • Gigaset keeps on winning awards for excellence: Shower of prizes for product innovations

    Numerous design awards in the past years are testimony to the fact that Gigaset has constantly led the way across sectors in this field. More than 20 products have captured the iF Awards, Red Dots, Good Design Awards and other prestigious prizes for design since 2010. The high quality of its products and design is also bearing fruit this year – Gigaset has picked up nine awards so far in 2014.

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  • Vacation time – the time for break-ins? Gigaset elements can help

    On Wednesday, June 4, 2014, Thomas de Maizière, Germanys Federal Minister of the Interior, will present the official 'police crime statistics'. What is sure today is that the number of break-ins is growing at a frightening rate in many parts of Germany. The State Criminal Investigation Departments report rises of up to 33%, depending on the federal state. More serious than the potential financial loss to victims is the emotional trauma they may suffer. Anyone can be affected, yet not everyone...

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  • Double award: connect readers vote Gigaset elements and the Android-based Gigaset SL930A the best products of 2014

    At the annual presentation of connect’s “Products, Networks and Services” award, both Gigaset elements, the innovative solution for the smart home, and the Android-based Gigaset SL930A cordless phone were chosen as the top products by connect’s readership. Gigaset has thus once again left the competition in its wake in the field of cordless telephony and has shone for the first time in the smart home arena with Gigaset elements, the intelligent solution for connected living.

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  • Gigaset consolidates its leading position in the market and completes its orientation toward telecommunications business

    Despite the continuing decline in the market in its core business of cordless phones, Gigaset was able to increase its market share in Europe year on year by a total of 1 percentage point in terms of units sold in the first quarter of 2014. The overall market for cordless phones in Europe declined in the months January to March 2014 by almost 13 percent in terms of revenue in the markets observed by Gigaset. The picture was the same in almost all the observed markets.

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