Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Gigaset AG    GGS   DE0005156004

GIGASET AG

(GGS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Gigaset : signs exclusive agreement with Unify

12/02/2020 | 05:21am EST
Gigaset signs exclusive agreement with Unify

12/02/2020 - 10:00 Ad Hoc News created by Raphael Dörr, SVP Corporate Communications & Investor Relations, Gigaset AG

Bocholt, December 2nd, 2020 [09:23 am] - Gigaset Communications GmbH, a subsidiary of Gigaset AG, has signed an exclusive agreement with Unify Software and Solutions GmbH & Co. KG.

Under the terms of the agreement, Unify will exclusively purchase the next family of terminals of desktop telephones being developed by Gigaset. To support this new partnership Gigaset purchased licenses for the necessary software components and interfaces for € 15 million. The outflow of liquidity will take place in 2020 and 2021. Gigaset is also entitled to use the acquired licenses in its own portfolio.

The approval of the existing financing partners, based on an approved financing concept, which is necessary for the agreement to take effect, was granted today. The contract has a minimum term of five years, starting with the delivery of the first product in 2022, and Gigaset expects to supply in total more than 5 million phones to Unify and Gigaset direct customers.

Disclaimer

Gigaset AG published this content on 02 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2020 10:20:00 UTC


© Publicnow 2020
All news about GIGASET AG
2020GIGASET : signs exclusive agreement with Unify
PU
2020DGAP-ADHOC : Gigaset signs exclusive agreement with Unify
DJ
2020GIGASET : publishes report for the third quarter and first nine months of 2020
PU
2020GIGASET AG PUBLISHES REPORT FOR THE : 14% increase in revenue in the third quar..
EQ
2020PRESS RELEASE : Gigaset AG publishes report for the third quarter and first nine..
DJ
2020PRESS RELEASE : Gigaset AG publishes report for -2-
DJ
2020GIGASET AG : Preliminary announcement of the publication of quarterly reports an..
EQ
2020THE NEW GIGASET SMARTPHONES GS3 AND : The colorful baby of the family and its b..
EQ
2020GIGASET : publishes report on the second quarter and first half of 2020
PU
2020GIGASET : publishes report on the second quarter and first half of 2020
EQ
More news
Financials
Sales 2020 210 M 254 M 254 M
Net income 2020 -10,7 M -13,0 M -13,0 M
Net Debt 2020 97,9 M 119 M 119 M
P/E ratio 2020 -3,53x
Yield 2020 -
Capitalization 37,9 M 45,8 M 45,9 M
EV / Sales 2020 0,65x
EV / Sales 2021 0,53x
Nbr of Employees -
Free-Float 26,5%
Chart GIGASET AG
Duration : Period :
Gigaset AG Technical Analysis Chart | GGS | DE0005156004 | MarketScreener
Technical analysis trends GIGASET AG
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 0,48 €
Last Close Price 0,29 €
Spread / Highest target 67,8%
Spread / Average Target 67,8%
Spread / Lowest Target 67,8%
EPS Revisions
Managers and Directors
NameTitle
Klaus Weßing Chief Executive Officer
Hau Yan Wong Chairman-Supervisory Board
Thomas Schuchardt Chief Financial Officer
Paolo Vittorio Di Fraia Vice Chairman-Supervisory Board
Ka Yan Shiu Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
GIGASET AG-4.67%46
APPLE INC.7.89%2 389 913
SAMSUNG ELECTRONICS CO., LTD.10.37%518 776
XIAOMI CORPORATION-7.98%95 936
WINGTECH TECHNOLOGY CO.,LTD18.00%22 442
MERRY ELECTRONICS CO., LTD.-6.48%1 006