TRADING UPDATE FOR THE QUARTER AND NINE MONTHS

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Published: 18:00 CEST 14-10-2014 /GlobeNewswire /Source: Global Graphics SE / : GLOG /ISIN:
FR0004152221
PRESS RELEASE - REGULATED INFORMATION
GLOBAL GRAPHICS: TRADING UPDATE FOR THE QUARTER AND NINE MONTHS ENDED 30
SEPTEMBER 2014
Cambridge (UK) Tuesday 14 October 2014 (18.00 CEST) - GLOBAL GRAPHICS SE (Euronext:
GLOG), a developer of software platforms for digital printing, digital document and PDF applications,
provides a trading update for the third quarter and first nine months of the financial year ending
31 December 2014.
Operational highlights for the quarter ended 30 September 2014

The Harlequin RIP was chosen by Oki Data Americas to drive four of their products; the
C711DE high-quality digital colour label printer and finishing system, the pro511DW compact
digital colour printer and the C931dn and C941dn, both production quality, full colour A3
devices. Oki Data started shipping these devices with the Harlequin RIP in September 2014.
o In September The Harlequin Partner Network was launched. The partner network is
intended to create a framework for third-party vendors to develop and integrate their
products more efficiently to give print shops access to a broad choice of products from
multiple vendors. Initial members include Pageflex, Color-Logic, Ultimate
TechnoGraphics, Hamillroad Software, Bodoni Systems, Dynagram and Alwan.
o New hybrid screens which significantly improve the print quality for the flexographic
market were jointly developed with ThermoFlexX, Xeikon's digital platemaking brand
for the label and packaging market. These new screens had their worldwide launch at
Labelexpo Americas 2014.
More information about all of the above can be found in the news section of the Company's website at
http://www.globalgraphics.com/news/
Financial highlights for the quarter and nine months ended 30 September 2014
The following information is unaudited.
For the quarter ended 30 September 2014


Revenue for the quarter was €3.28 million (2013: €2.50 million), representing an increase of
31% over the same quarter in 2013.
The Company's measure of adjusted operating profit or loss for the quarter was a profit of
€0.98 million (2013: €0.25 million profit).
For the nine months ended 30 September 2014

Revenue for the period was €8.62 million (2013: €6.14 million), representing an increase of
40% over the same period in 2013.

The Company's measure of adjusted operating profit or loss for the period was a profit of
€1.98 million (2013: €0.63 million loss).
Non-recurring other expenses
During the quarter the Group expensed an amount of €0.25 million in relation to expenditure to rectify
a defect in some software code. No additional amount is expected to be incurred in relation to this
matter. The amount is not included in the measure of adjusted operating profit for the quarter or nine
months ended 30 September 2014 and it will be included in the unadjusted reported operating result
for the current financial year in the Company's year-end consolidated financial statements.
Tax
During the quarter the Group received a repayment of €0.38 million from HMRC for the research &
development tax credit claimed. This tax benefit will be recognised in the Group's full year results for
the current financial year.
Cash
Cash at 30 September 2014 was €1.61 million (2013: €0.80 million). The Group continues to have no
outstanding debt, therefore, no interest payments or capital repayments.
Segment sales analysis
The following table provides information about revenue for the Group's operating segments for the
quarter and nine months ended 30 September 2014.
€ 000s
Print
eDoc
Total revenue
Quarter ended 30 September
2014
2013
1,991
1,507
1,292
996
3,283
2,503
Nine months ended 30 September
2014
2013
6,885
4,321
1,735
1,821
8,620
6,142
A non-recurring amount of €0.51 million for under reported royalties from prior years was included in
the eDoc segment for the quarter ended 31 March 2013 and therefore the nine months ended 30
September 2013.
On 4 March 2014, the Company announced that it had signed a contract to license its Harlequin
technology to a global manufacturer of office printing devices to drive their single function, multifunction and production printers. During the quarter, €0.25 million was recognised as revenue from
this new contract, making a total of €2.61 million that has been recognised as revenue during the nine
months ended 30 September 2014.
About Global Graphics
Global Graphics (http://www.globalgraphics.com) is a leading developer of software platforms on
which our partners create solutions for digital printing, digital document and PDF applications.
Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and
to Cambridge University, and, today the majority of the R&D team is still based near this iconic
university town. There are also offices near Boston, Massachusetts and in Tokyo.
Contacts:
Graeme Huttley
Chief Financial Officer
Tel: +44 (0)1223 926472
Email: [email protected]
Jill Taylor
Corporate Communications Director
Tel: +44 (0)1223 926489
Email: [email protected]
This announcement is distributed by NASDAQ OMX Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006.
Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Global Graphics SE,
Building 2030, Cambourne Business Park, Cambourne, Cambridge CB23 6DW, United Kingdom
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