As a result, great uncertainty also remains for 2021 regarding what the actual medium and long-term effects of the
pandemic will look like in this year. In view of this projection, Gigaset also continues to see itself significantly
dependent on external factors beyond its control, in other words, decisions by governments to impose curfews or close
businesses and borders, as well as the duration and further evolution of the pandemic itself.
General statement by the Executive Board for 2021
Excluding a sudden and serious deterioration in the coronavirus pandemic, Gigaset anticipates the following financial
performance, financial position and cash flow situation in fiscal 2021:
1. Compared with 2020, which was heavily impacted by coronavirus, a slight increase in revenue and EBITDA
2. A positive free cash flow at pre-coronavirus level allowing for the planned operational business and necessary
investments
The audited financial statements and the Annual Report for 2020 can be downloaded here.
Gigaset AG, Bocholt, is an internationally operating company in the area of communications technology. The company is
Europe's market leader in DECT telephones and is also a leader in the international arena, with around 900 employees
and sales activities in around 56 countries. Its business activities comprise not only DECT phones, but also an
extensive smartphone portfolio, cloud-based smart home applications, and business telephony solutions for SME and
enterprise customers.
Gigaset AG is listed in the Prime Standard of Deutsche Börse and is therefore subject to the highest transparency
requirements. Its shares are traded on the Frankfurt Stock Exchange under the symbol GGS (ISIN: DE0005156004).
Visit our corporate blog
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Visit our homepage http://www.gigaset.com
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2021-04-22 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Gigaset AG
Frankenstr. 2
46395 Bocholt
Germany
Phone: +49 (0)89 444 456 866
Fax: +49(0)89 444 456 930
E-mail: info@gigaset.com
Internet: www.gigaset.com
ISIN: DE0005156004
WKN: 515600
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1187218
End of News DGAP News Service
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1187218 2021-04-22
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(END) Dow Jones Newswires
April 22, 2021 03:01 ET (07:01 GMT)