EANS-Adhoc: Quanmax AG continues to show gratifying figures after nine months

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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9-month report

12.11.2012

Quanmax AG continues to show gratifying figures after nine months
- sales touches 232.3 million Euros (66.2 million Euros in the previous
year)
- gross margin increases to 35.7 percent (30.5 percent in the previous
year)
- consolidated profit is 7.4 million Euros (3.9 million euros in the
previous year)
- convincing operating cash flow of 2.7 million Euros (0.2 million Euros
in the previous year)

Linz, 12.11.2012. Quanmax AG (www.quanmax.ag) continues its positive
development trend even in the third quarter of 2012: With a sales of
74.1 million Euros (22.6 million Euros in the previous year), a sales
revenue of 232.3 million Euros (66.2 million Euros in the previous
year) could be achieved after nine months. In addition to the S&T
Solutions business which contributed 150.3 million Euros (was not
part of the group in the previous year), the major sales drivers with
a contribution of 26.0 million Euros (16.6 million Euros in the
previous year) were products from the "appliances" segment. Because
of the change in product mix with a higher share of solutions and
proprietary technology, the gross margin could be increased once
again: To 35.9 percent (34.5 percent in the previous year) in the
third quarter and to 35.7 percent (30.5 percent in the previous year)
after nine months. EBITA of the Quanmax Group was 3.1 million Euros
in the third quarter and 11.1 million Euros in the first nine months
(2.3 million Euros and 5.4 million Euros respectively in the previous
year). The consolidated profit was 1.8 million Euros in the third
quarter and 7.4 million Euros in the first nine months (1.6 million
Euros and 3.9 million Euros respectively in the previous year). The
liquid assets of the entire Quanmax group was 24.7 million Euros on
30.9.2012 (29.9 million Euros on 31.12.2011). Owing to a strong third
quarter, the operating cash flow was 3.3 million Euros (1.2 million
Euros in the previous year) and 2.7 million Euros (-0.2 million Euros
in the previous year) in the first nine months. The financing
liabilities was 48.5 million Euros (53.5 million Euros on
31.12.2011). The equity capital of the group was 60.6 million Euros
(54.6 million Euros on 31.12.2011). The equity ratio of the group
increased to 32.7 percent compared to 24.0 percent at the end of
2011. The short-term orders on hand amounted to 79.1 million Euros on
30.09.2012, the projects in the pipeline amounted to 203.9 million
Euros. The figures of the last nine months and the orders on hand
corroborate the annual expectations: The management therefore
reconfirms the sales target of 330 million Euros and 10 million Euros
consolidated profit for the current fiscal year, in spite of the
merger costs.

About Quanmax AG: Quanmax AG (ISIN AT0000A0E9W5/WKN A0X9EJ) which is
listed in the Prime Standard of the Frankfurt Stock Exchange, is a
systems-supplier who also provides proprietary technology and is one
of the largest suppliers of IT products and IT solutions in Central
and Eastern Europe. On the 5th and 6th of November 2012, the
extraordinary general meetings of Quanmax AG and S&T System
Integration & Technology Distribution AG, decided that S&T System
Integration & Technology Distribution AG will be merged with Quanmax
AG.

Further inquiry note:
ir@quanmax.ag; +437327664150;

end of announcement euro adhoc
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issuer: Quanmax AG
Industriezeile 35
A-4021 Linz
phone: +43(732)7664-0
FAX: +43(732)7664-801
mail: kontakt@quanmax.ag
WWW: www.quanmax.ag
sector: Computing & Information Technology
ISIN: AT0000A0E9W5
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English