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Francotyp-Postalia Holding AG
Prenzlauer Promenade 28
Berlin, May 26, 2020 – Francotyp-Postalia Holding AG (FP), (ISIN DE000FPH9000), increased its revenue in the first quarter of 2020 by 9.4 percent to EUR 57.0 million (previous year EUR 52.1 million) in an increasingly challenging market environment. Earnings before interest, taxes, depreciation and amortization (EBITDA) improved significantly in this period by 15.1 percent to EUR 8.0 million compared to EUR 6.9 million in the same period of the last year.
The positive course of business was determined in particular by the significant growth in the in the Mail Services segment and in the core business. Due to the SARS-CoV-2 pandemic business in the Software/Digital product area remained below forecast.
Although the 2020 financial year got off to a good start, FP is reaffirming its forecast for the year as a whole due to the SARS-CoV-2 pandemic.
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The internationally active, listed FP Group, headquartered in Berlin, is an expert in secure mail business and secure digital communication processes (FP = "Secure Digital Communication"). As the market leader in Germany and Austria, the FP Group offers digital solutions for companies and public authorities, as well as products and services for efficient mail processing and consolidation of business mail, in its "Software/Digital", "Franking and Inserting" and "Mail Services" product segments. In 2019, the Group achieved revenues of around 210 million euros. FP is represented by its own subsidiaries in ten countries and by its own dealer network in 40 other countries. From its almost 100-year corporate history, FP has a unique DNA in the fields of actuator technology, sensor technology, cryptography and connectivity. FP has a global market share of more than twelve percent in franking systems and, in the digital sector, has unique, highly secure solutions for the Internet of Things (IoT/IIoT) and for digital signatures on documents.