Gigaset group, specialized in telecommunications equipment in Germany, released its annual results. It published a turnover of 521 million euros and EBITDA of 54 million euros (against 538.5 million and 56.8 million euros expected by Bloomberg consensus). EPS is 0.36 euro whereas the consensus counted on 0.39 euro. Cash has also increased significantly to 62 million euros, up to 70% over the previous year. Finally, the group said "the effect of the product warning to faulty batteries were in the low single-digit million range".