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MarketScreener Homepage  >  Equities  >  Xetra  >  QSC AG    QSC   DE0005137004

QSC AG

(QSC)
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Delayed Quote. Delayed Xetra - 09/20 11:36:23 am
1.26 EUR   -0.16%
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QSC AG : DATEV extends QSC colocation contract by ten years

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07/22/2019 | 07:00am EDT

*High-security data centre for software specialist

*100% availability from the start

Cologne - DATEV has prematurely extended its colocation service contract with QSC AG by ten years. At its site in Nuremberg, QSC has since 2011 provided the specialist in software solutions for accountants, auditors and lawyers with its own data centre. DATEV manages central applications from the 1,000 m² data centre. In 24/7 operations, QSC offers services which include safeguarding the physical safety of the building, seeing to the energy supply and providing IT system cooling. All critical systems are designed with multiple redundancy. QSC also provides the dark fibre links to DATEV's own data centres.

Absolute reliability as key factor

"In QSC, we have a partner that is absolutely reliable in looking after critical parts of our IT infrastructure. Since the contract began, there has been 100 percent service availability. QSC also offers great innovativeness and service focus", reports Edgar Eck, DATEV's Data Centre Director. To secure this quality of service and stability for the years ahead as well, DATEV had now decided to extend the contract prematurely.

Comments Rüdiger Hofer, Head of Colocation-Services at QSC: "We offer state-of-the-art colocation services to our customer DATEV. Alongside traditional services, these also include special security features, such as protecting the building against external interception." Not only that, in recent years QSC had further enhanced its services and updated them in line with the latest technology. The electricity and climate control services, for example, had been continually improved without any interruption to operations. "We are delighted that DATEV has now decided to extend its cooperation with us for the coming years as well."

About QSC AG

QSC AG is digitalising the German SME sector and enabling its customers to enhance their business processes and business models with the utmost flexibility and efficiency. QSC has longstanding technological and application expertise in the fields of Cloud and Colocation, SAP and the Internet of Things. Its extensive service portfolio provides exactly what SME players need as they move into the digital age: from standardised pay-as-you-use services through to individualised full-range solutions for the retail, manufacturing and energy sectors. All services offer end-to-end quality and high security. QSC bases its relationships with customers on an entrepreneurial approach, a service-driven mindset and a desire to forge mutually beneficial partnerships.

QSC AG is based in Cologne and has around 900 employees at locations throughout Germany.

Further information is available from

QSC AG

Jan Erlinghagen

Corporate Communications

Mathias-Brüggen-Str. 55

50829 Cologne

T +49 221 669-8119

F +49 221 669-8289

presse@qsc.de

.

(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (EUR)
Sales 2019 236 M
EBIT 2019 102 M
Net income 2019 87,5 M
Finance 2019 63,8 M
Yield 2019 2,37%
P/E ratio 2019 1,80x
P/E ratio 2020 -8,43x
EV / Sales2019 0,39x
EV / Sales2020 0,72x
Capitalization 156 M
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 1,68  €
Last Close Price 1,26  €
Spread / Highest target 42,4%
Spread / Average Target 32,5%
Spread / Lowest Target 10,8%
EPS Revisions
Managers
NameTitle
Jürgen Hermann Chief Executive Officer
Bernd Schlobohm Chairman-Supervisory Board
Stefan A. Baustert Chief Financial Officer
Gerd Eickers Member-Supervisory Board
Ina Schlie Independent Member-Supervisory Board
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