DGAP-News: Drillisch AG: Q1-2012 - successful start 2012; revenues +4.8% to EUR84.2m (Q1-2011: EUR80.3m); EBITDA +18.5% to EUR14.8m (Q1-2011: EUR12.5m); Gross Profit Margin >30% for the first time; Postpaid Subs. +24.7% to 1,526 million (Q1-2011: 1,253m)


DGAP-News: Drillisch AG / Key word(s): Quarter Results/Quarter Results
Drillisch AG: Q1-2012 - successful start 2012; revenues +4.8% to
EUR84.2m (Q1-2011: EUR80.3m); EBITDA +18.5% to EUR14.8m (Q1-2011:
EUR12.5m); Gross Profit Margin >30% for the first time; Postpaid Subs.
+24.7% to 1,526 million (Q1-2011: 1,253m)

10.05.2012 / 21:00

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Drillisch AG: Final Q1: successful start 2012; Revenues +4.8% to 84.2m EUR
(Q1-2011: 80.3m EUR); EBITDA +18.5% to 14.8m EUR (Q1-2011: 12.5m EUR);
Gross Profit Margin >30% for the first time; Postpaid subs. + 24.7% to
1,526 million (Q1-2011: 1,253m)
 
Maintal, 10. May 2012 - The Drillisch AG (ISIN DE 0005545503) has started
the new fiscal year successfully with an increase in the relevant KPIs
EBITDA and gross profit

The dynamic growth in the postpaid subscriber base continued unabated into
the first quarter 2012. Compared with Q4-2011, the Postpaid subscriber base
increased by 24.7% or 309,000 to 1,562 million. The Prepaid subscriber base
decreased in the same period according to plan to 865,000. As a
consequence, the ratio of postpaid to prepaid subscribers improved in the
year-on-year comparison to 64% to 36% (Q1 2011: 51% to 49%).

The 'service revenues' and the new customer acquisition revenues,
essentially the income from the provision of the ongoing wireless services
(voice and data transmission) and their settlement on the basis of the
current customer relationships rose in the first quarter of 2012 by EUR2.9
million or 4.0 percent to EUR75.3 million (Q1 2011: EUR72.4m). Other
revenues, which include low-margin business such as sales of devices,
increased by EUR1.0 million to EUR8.9 million (Q1 2011: EUR7.9m). As such,
total revenues improved by EUR3.9 million or 4.8 percent overall to EUR84.2
million in the first quarter 2012 (Q1 2011: EUR80.3m).

Gross profit for the first quarter 2012 increased by some EUR5.0 million or
22.0 percent to EUR27.7 million (Q1 2011: EUR22.7 million). The gross
profit margin improved by 4.6 percent points to 32.9 percent (Q1 2011:
28.3%) - the very first time in history that gross profit crossed the 305
level - and even confirmed the result for 2011 (31 December 2011: 29.4%).

Compared with the same quarter the previous year, Group EBITDA increased by
18.5 percent or EUR2.3 million to EUR14.8 million (Q1 2011: EUR12.5
million). The EBITDA margin improved by 2.1 percent points to 17.6 percent
(Q1 2011: 15.5%).

The consolidated result comes to EUR2.8m (Q1 2011: EUR10.9m). The
consolidated result adjusted for the effects of the disclosure in equity in
the balance sheet and the market valuation of the hedging transaction of
our freenet shares came to EUR8.9m (Q1 2011: EUR8.3m). The profit per share
amounts to EUR0.05 (Q1 2011: EUR0.21) or, when adjusted, EUR0.17 (Q1 2011:
EUR0.16).

Drillisch Group's transformation from the previous classic service provider
to an MVNO (mobile virtual network operator) has proven to be the right
strategic decision to assure the continuation of qualitative growth over a
period of many years. Drillisch is therefore forecasting an improvement in
EBITDA (adjusted) to EUR58 million in fiscal 2012 following EUR52.6 million
in fiscal 2011 and an increase of the postpaid subscriber base.

Final Q1-2012 report (IFRS)

|[![CDATA[|[pre|]]]|]

In million Euro                                                 Q1-2011
Revenues                                            84.2        80.3
Service Revenues                                    75.3        72.4
other revenues                                      8.9         7.9
Gross Profit                                        27.7        22.7
Gross Profit Margin in %                            32.9%       28.3%
EBITDA                                              14.8        12.5
EBITDA-Margin in %                                  17.6%       15.5%
EBIT                                                14.0        11.3
EBIT-Margin in %                                    16.6%       14.1%
EBT                                                 6.1         14.6
EBT-Margin in %                                     7.2%        18.2%
Consolidated Profit                                 2.8         10.9
Consolidated Profit adjusted for freenet            8.9         8.3
eps                                                 0.05        0.21
eps adjusted for freenet                            0.17        0.16
Net debt                                                        60.0
                                                    Q1-2012     Q1-2011
Subscribers in million                              2,427       2.473
subscribers Prepaid                                 0,865       1.220
Teilnehmer Postpaid                                 1,562       1.253


|[![CDATA[|[/pre|]]]|]

The Q1-Report will be published on 11 May under the following link
http://www.drillisch.de/index.php?page=reports&group=investor-e:reports

Maintal, 10. May 2011

Drillisch AG

The Management Board




Contact:
Oliver Keil
Head of Investor Relations
Mail: ir@drillisch.de


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Language:    English                                                
Company:     Drillisch AG                                           
             Wilhelm-Röntgen-Straße 1-5                             
             63477 Maintal                                          
             Germany                                                
Phone:       +49 (0)6181 412 200                                    
Fax:         +49 (0)6181 412 183                                    
E-mail:      ir@drillisch.de                                        
Internet:    www.drillisch.de                                       
ISIN:        DE0005545503                                           
WKN:         554550                                                 
Indices:     TecDAX                                                 
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
 
 
End of News    DGAP News-Service  
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