Ad hoc / Announcements

27th August 2009

TELES: Q2/2009 – Continued operating loss in Q2/2009 – but significantly decreased compared to the previous year's quarter and previous quarter; Revenues clearly improved as well compared to the previous quarter

Berlin, 26th August 2009. The operating loss (EBIT) decreased significantly compared to the previous year's quarter as well as to the previous quarter.

After an adjustment to the share of sales with our customer freenet, which was included in the previous year’s quarter due to an agreement concluded during the sale of the former WebHosting business at the end of 2004/ beginning 2005; revenues clearly improved compared to the respective prior year periods.

The key data for TELES for Q2/2009 (in accordance with IFRS, unaudited) can be summarized as follows:

Revenues: 6.0 Mio€
(6.6 Mio€ in Q2/2008, -9%),
Gross Profit: 2.6 Mio€
(3.2 Mio€ in Q2/2008, -21%),
EBITDA*: -0.4 Mio€
(-1.7 Mio€ in Q2/2008, +78%),
EBIT*: -0.7 Mio€
(-2.0 Mio€ in Q2/2008, +63%).
Equity ratio: 40%
(41% end of Q1/2009)

* excluding expenses for employee share programmes

You can find the entire Quarterly Report Q1/2009 at www.teles.de.

Prof. Dr.-Ing. Sigram Schindler
CEO of TELES AG