DGAP-Ad hoc: Gigaset AG

DGAP-Adhoc: Gigaset AG reports provisional numbers for 2015: Earnings before taxes and after special effects expected to be in the low negative double-digit million range.

Gigaset AG / Key word(s): Preliminary Results

23.02.2016 10:00

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Following a good fourth quarter, Gigaset AG expects to post consolidate revenue of EUR305 million for fiscal year 2015. Operating income before depreciation and amortization, special effects and expenses for restructuring will be between EUR10 and EUR13 million.

Depending on the progress made in the ongoing negotiations with the social partners, however, restructuring provisions will need to be set up, meaning that operating income before taxes and interest is expected to be in the low negative double-digit million range.

In agreement with the auditors, the Executive Board decided today not to carry the net proceeds of EUR20.6 million from sale of the trademarks in the 2015 annual financial statements, unlike in the quarterly financial statements at September 30, 2015. The agreement remains effective, but the trademark rights have not been transferred since the purchase price payments have not yet been made.

The Executive Board of Gigaset AG will publish the complete and audited financial statements on April 15, 2016.

23.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Gigaset AG Seidlstraße 23 80335 München Germany Phone: +89444456866 Fax: +89444456930 E-mail: info@gigaset.com Internet: www.gigaset.com ISIN: DE0005156004 WKN: 515600 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------