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EOS Consolidated remains on growth course

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EOK1h0<br />

<str<strong>on</strong>g>EOS</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> <str<strong>on</strong>g>remains</str<strong>on</strong>g> <strong>on</strong> <strong>growth</strong> <strong>course</strong><br />

� <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> sales up by 5.6 per cent<br />

� Germany <str<strong>on</strong>g>remains</str<strong>on</strong>g> most important market<br />

� Effects of the internati<strong>on</strong>al financial crisis are particularly evident in<br />

Eastern Europe<br />

Hamburg, 1 September 2010 – Despite the internati<strong>on</strong>al financial and ec<strong>on</strong>omic<br />

crisis, in 2009/10 <str<strong>on</strong>g>EOS</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> achieved a result slightly higher than the<br />

previous year’s figure: earnings before taxes (EBT) amounted to EUR 61.6<br />

milli<strong>on</strong> in the financial year 2009/10 – compared with EUR 61.1 milli<strong>on</strong> in<br />

2008/09. <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> sales generated by the internati<strong>on</strong>al provider of<br />

receivables management, marketing and risk informati<strong>on</strong>, and payment services<br />

increased by EUR 16.7 milli<strong>on</strong> to a total of EUR 314.0 milli<strong>on</strong>. This represents a<br />

<strong>growth</strong> rate of 5.6 per cent. Hans-Werner Scherer, Chairman of the <str<strong>on</strong>g>EOS</str<strong>on</strong>g> Group’s<br />

Board of Directors, comments: ‘The quality of our services – even in more<br />

demanding circumstances – has c<strong>on</strong>vinced our clients so far. We will c<strong>on</strong>tinue to<br />

focus <strong>on</strong> this aspect.’<br />

The sales of <str<strong>on</strong>g>EOS</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> <strong>on</strong> the German market rose by 1.7 per cent, from<br />

EUR 180.7 milli<strong>on</strong> in the past year to their current level of EUR 183.7 milli<strong>on</strong>.<br />

Germany’s share of aggregate sales was 58.5 per cent (60.7 per cent in 2008/09).<br />

In the previous financial year, <str<strong>on</strong>g>EOS</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> c<strong>on</strong>tinued to grow in the<br />

Western European markets. The increase of 18.4 per cent in sales, taking them<br />

to EUR 55.2 milli<strong>on</strong> (EUR 46.6 milli<strong>on</strong> in 2008/2009), results above all from the<br />

100 % acquisiti<strong>on</strong> of <str<strong>on</strong>g>EOS</str<strong>on</strong>g> Acción de Cobro España S.A. from the Spanish Banco<br />

Pastor Group in September 2009. The Belgian company and the three Swiss<br />

companies also made positive c<strong>on</strong>tributi<strong>on</strong>s to sales.<br />

In Eastern Europe, the effects of the financial crisis are evident. While previous<br />

financial years were shaped by dynamic <strong>growth</strong>, sales at the Eastern European<br />

<str<strong>on</strong>g>EOS</str<strong>on</strong>g> companies fell by 9.2 per cent to EUR 35.2 milli<strong>on</strong> (EUR 38.8 milli<strong>on</strong> in<br />

2008/2009) due to the difficult ec<strong>on</strong>omic circumstances.


<str<strong>on</strong>g>EOS</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>solidated</str<strong>on</strong>g> bucked the difficult overall ec<strong>on</strong>omic trend <strong>on</strong> the US market<br />

and significantly strengthened its solid competitive positi<strong>on</strong> – am<strong>on</strong>gst others due<br />

to acquisiti<strong>on</strong>s –, increasing its sales by 26.0 per cent to some EUR 39.2 milli<strong>on</strong><br />

in the process.<br />

Growth will c<strong>on</strong>tinue to define the <str<strong>on</strong>g>EOS</str<strong>on</strong>g> strategy in future. While it expects to see<br />

a c<strong>on</strong>tinuati<strong>on</strong> of solid development in Germany, Western Europe and the US, it<br />

is anticipating significant improvements in profits in Eastern Europe. <str<strong>on</strong>g>EOS</str<strong>on</strong>g><br />

<str<strong>on</strong>g>remains</str<strong>on</strong>g> true to its goal of attaining or maintaining a top-three positi<strong>on</strong> in all<br />

relevant countries over the next few years.<br />

Overview of key figures:<br />

2009/2010 2008/2009<br />

Sales (EUR milli<strong>on</strong>) 314.0 297.4<br />

EBITDA (EUR milli<strong>on</strong>) 89.1 91.2<br />

EBT (EUR milli<strong>on</strong>) 61.6 61.1<br />

Employees (heads) 5160 4298<br />

For more informati<strong>on</strong>, please refer to the current issue of our annual publicati<strong>on</strong><br />

‘<str<strong>on</strong>g>EOS</str<strong>on</strong>g> Insights’, which can be downloaded at www.eos-soluti<strong>on</strong>s.com/insights<br />

The <str<strong>on</strong>g>EOS</str<strong>on</strong>g> Group<br />

The <str<strong>on</strong>g>EOS</str<strong>on</strong>g> Group, an Otto Group subsidiary, is a leading internati<strong>on</strong>al provider of<br />

tailor-made services covering the entire life cycle of a customer relati<strong>on</strong>ship – from<br />

customer acquisiti<strong>on</strong> to electr<strong>on</strong>ic payment processing, debt collecti<strong>on</strong> and purchase<br />

of receivables portfolios. The core business is receivables management. <str<strong>on</strong>g>EOS</str<strong>on</strong>g> is<br />

committed to high standards of debt collecti<strong>on</strong> to protect creditors and c<strong>on</strong>sumers.<br />

With over 5000 employees, <str<strong>on</strong>g>EOS</str<strong>on</strong>g> serves its 20,000 customers in more than 20<br />

countries worldwide through over 40 subsidiaries.<br />

More informati<strong>on</strong>: www.eos-soluti<strong>on</strong>s.com<br />

C<strong>on</strong>tact <str<strong>on</strong>g>EOS</str<strong>on</strong>g> Group:<br />

Lara Flemming, Head of Corporate Communicati<strong>on</strong>s and Marketing, Tel.: +49 40<br />

2850-1560, E-Mail: l.flemming@eos-soluti<strong>on</strong>s.com<br />

Claudia Gottschalk, Senior Public Relati<strong>on</strong>s C<strong>on</strong>sultant, Tel.: +49 40 2850-1685, E-Mail:<br />

c.gottschalk@eos-soluti<strong>on</strong>s.com

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