euro adhoc: D+S europe AG
Mergers - Acquisitions - Takeovers
D+S
europe AG acquires dtms AG
Gross revenues jump to over EUR 330
million in 2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
06.06.2005
HAMBURG, June 6, 2005. With economic effect as of July 1, 2005, D+S europe AG (ISIN DE0005336804) has acquired dtms - Deutsche Telefon- und Marketing Services AG (Mainz), the largest independent provider of value-added services in the German market. dtms AG is active in the rapidly expanding market for service telephone numbers such as 0800, 0180 or 0137 and serves a total of over 6,000 commercial customers with 130 employees. Other services include billing and receivables and collection management. With this transaction, D+S europe has taken another step in the direction of consistent implementation of its business process management strategy.
dtms generated gross 2004 revenues in the amount of EUR 200 million, including cost of outside services purchased. With its own planned revenues of EUR 75 million, D+S europe is aiming for gross revenues of over EUR 185 million and operating EBIT of EUR 9.2 million for the current year through this acquisition, which will be consolidated as of July 1, 2005. Gross revenues in the amount of EUR 330 million and operating EBIT of EUR 18.5 million are targeted for financial 2006.
Taking into account financing and transaction costs, this transaction will result in a significant increase in planned profit for the year in the amount of 20 cents per D+S share for financial 2005, 38 cents for 2006 and 50 cents for 2007.
Plans call for financing the transaction, which represents a mid-eight-figure volume, through the creation of new shares representing approx. EUR 11.5 million through the capital measures to be adopted tomorrow at the Annual Shareholders Meeting as well as through the use of outside financing to take advantage of a leveraging effect.
Management of dtms AG has agreed to remain with the company in the context of the transaction and is also committed to achieve the agreed upon goals by earn-out components.
end of announcement euro adhoc 06.06.2005 20:58:05
Further inquiry note:
D+S europe AG, Kapstadtring 10, 22297 Hamburg
Investor Relations, Telefon: +49.40.4114-3331
investor-relations@dseurope.ag
www.dseurope.ag
Branche: Media
ISIN: DE0005336804
WKN: 533680
Index: Prime Standard, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade