QSC AG:

Communication services for SMEs – simple, meaningful, efficient.

Investor Relations

The QSC Investor Relations Team welcomes you.

On the following pages, you will find some information about QSC AG that is of relevance to capital markets, as well as information worth knowing about our shares.

A personal, continuous and transparent communication with institutional and private investors as well as financial analysts is a major element of QSC´s IR-job.

In € millions	2009*	2008
Revenues	420.5	413.3
- Managed Services segment	74.3	73.3
- Products segment	92.1	103.8
- Wholesale/Reseller segment	254.2	236.2
EBITDA	76.9	67.3
- Managed Services segment	12.1	8.1
- Products segment	19.4	15.2
- Wholesale/Reseller segment	45.4	44.0
EBIT	9.7	6.1
Net income	+5.5	+0.8
Capital expenses	42.2	91.4
Liquid assets**	41.3	49.2
Net liquidity**	+0.7	-12.2
Free cash flow	+12.9	-32.3