Catalis SE: Corporate News: Half Year figures

Waalre (pta002/31.08.2014/13:00 UTC+2) Corporate News: Steady first half year of trading

La Waalre, August 31, 2014 - Catalis SE, the worldwide service provider for the digital media and entertainment industry, is pleased to announce its financial results for the first six months of 2014. Catalis Group had a steady first half of trading, the figures reflecting the transition period the group is still in.

The unaudited results for the first half of the fiscal year 2014 are as follows:

- Half year revenues at Eur 13.9m (2013: Eur 14.2m)

- Half year EBIT before non- recurring cost at Eur 0.43m (2013: Eur 1.1m)

- Net income after non- recurring cost of Eur -1.0m at Eur -0.56m (2013: Eur 1.1m)

- Operating cash flow of Eur 0.2m (2013: Eur 1.0m)

These figures are representative of the season as the first half year is typically the softer period of trading for the group. Having already experienced an uplift in business since July the second half year should clearly outperform the first half of the year.

Testronic, our quality assurance business, delivered a 7% increase in revenues compared to the first half year 2013. On revenues of Eur 10.12 m (half year 2013: Eur 9.47 m), we made an operating profit (EBIT) of Eur 0.53 m (half year 2013: Eur 1.0 m).

Kuju recorded revenues of Eur 3.75 m (half year 2013: Eur 4.39 m) and EBIT of Eur 0.19 m (half year 2013: Eur0.79 m). These results are representative of the fact that a number of Kuju's development projects reached their conclusion during Q2 2014. Kuju has begun a number of new projects which will ramp up in scale over the coming months. Correspondingly, Kuju will deliver a strong performance over the second half of the year.

"It's fair to say that the group's first-half performance has been steady but not exception-al. Yet I believe these results send a strong message. The first half is traditionally the weakest period for the group, and we still delivered a steady and profitable performance whilst transitioning to a new operating model. In the context of reviewing all operations and business lines of the group we are also analysing all strategic options for the individ-ual business units in order to focus and further optimise our performance. Over the full year, I have strong belief that the investments we have made into the business will start to bear fruit. Knowing my management team share my dedication and determination, I have every confidence that the group will deliver a strong full-year performance", commented Dominic Wheatley, CEO of Catalis Group.

The complete half year report for the period to June 30, 2014 is today available on our website www.catalisgroup.com.

For further information on Catalis SE and its wholly owned subsidiaries, Testronic Labs and Kuju, please refer to www.catalisgroup.com, www.testroniclabs.com and www.kuju.com.

For further questions please contact our Investor Relations team directly:

Catalis SE
Investor Relations Team
t: +49 89 24 41 18 - 223
f: +49 89 24 41 18 - 228
info@catalisgroup.com

About Catalis SE:

Catalis is a worldwide leading outsourcing provider focusing on high-end technical ser-vices relating to the creation of digital content for the film, video games and software in-dustries. Catalis offers both testing and development services. It operates through its wholly-owned subsidiaries Testronic Labs and Kuju from eight locations throughout the US, the UK, Poland, Belgium and the Netherlands.

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Emitter:	Catalis SE Laan van Diepenvoorde 3 5582 LA Waalre Netherlands
Contact Person:	Peter Biewald
Phone:	+31 40 2135930
E-Mail:	peter.biewald@catalisgroup.com
Website:	www.catalisgroup.com
ISIN(s):	NL0010447306 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Munich, Stuttgart