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Diebold Nixdorf, Inc (DBD) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Diebold Nixdorf, Inc

CIK: 28823 Ticker: DBD
Exhibit 99.1


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Media contact:    
 
Investor contact:
Mike Jacobsen, APR
 
Steve Virostek
+1 330 490 3796
 
+1 330 490 6319
michael.jacobsen@dieboldnixdorf.com    
 
steve.virostek@dieboldnixdorf.com

FOR IMMEDIATE RELEASE:    
Feb. 13, 2018

DIEBOLD NIXDORF REPORTS 2017 FOURTH QUARTER, FULL-YEAR FINANCIAL RESULTS
Q4 GAAP revenue increased 0.5% to $1.2 billion; full-year GAAP revenue increased 39.0% to $4.6 billion
Q4 GAAP EPS attributable to Diebold Nixdorf was a loss of $1.43, including a one-time charge of approximately $95 million associated with the new U.S. tax law, or earnings of $0.40 per share on a non-GAAP basis
Full-year GAAP EPS attributable to Diebold Nixdorf was a loss of $3.09, or earnings of $1.13 per share on a non-GAAP basis
Net cash provided by operating activities was $272.4 million in Q4 and $37.1 million for the full year; free cash flow was $244.7 million in Q4 and a use of cash of $32.3 million for the full year
Company introduces outlook for 2018

NORTH CANTON, Ohio - Diebold Nixdorf, Incorporated (NYSE: DBD) today reported its 2017 fourth quarter and full-year financial results.

“Our fourth quarter results were in-line with expectations. We're encouraged by the continued growth in services and software revenue. However, the hardware business continues to be under pressure in the banking market. We followed through on our accelerated business improvement plans and, as a result, delivered adjusted profits at the high end of our previous guidance,” said Christopher A. Chapman, interim co-CEO and chief financial officer, Diebold Nixdorf. “Our free cash flow performance was strong during the quarter, although the accelerated restructuring and integration investments resulted in free cash use for the year."

Juergen Wunram, interim co-CEO and chief operating officer, said, “We are encouraged by the continued strength of our retail business as seen in our revenue and orders growth. The company is also experiencing solid demand for services and software, as we expand our leadership position in those areas. In addition, we are pleased with the pace of our integration efforts, which are enabling the company to streamline costs, increase productivity and strengthen our competitiveness.”

Business Highlights
Won a new software contract with JP Morgan Chase, the largest bank in the United States as measured by total assets, to deploy VynamicTM monitoring and fleet management software
Awarded a $45 million contract to provide comprehensive retail systems, software and services to a European fashion company operating in 12 countries
Secured a competitive bid valued at nearly $40 million to refresh thousands of POS terminals located in nine European countries, including a multi-year maintenance services contract, for a leading grocer
Booked a $19 million award for maintenance services, VynamicTM marketing software and automated teller machines (ATMs), at Banco Santander in Mexico
Signed contracts to provide ATMs at three U.S. regional banks valued at approximately $10 million in support of their transition to Windows 10
Won an $8 million contract with the largest bank in Singapore to replace a competitors' terminals with Diebold Nixdorf recyclers and dispensers
Earned a new, five-year maintenance agreement to service a competitors’ ATMs at Ceska Sporitelna in the Czech Republic
Renewed a services contract with a major European retailer and increased the scope to include managed mobility services for about 7,500 POS and SCO devices over the next three years



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The following information was filed by Diebold Nixdorf, Inc (DBD) on Tuesday, February 13, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Diebold Nixdorf, Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information Document
Consolidated Balance Sheets
Consolidated Balance Sheets (parentheticals)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (loss)
Consolidated Statements Of Comprehensive Income (loss) (parentheticals)
Consolidated Statements Of Equity
Consolidated Statements Of Equity (parentheticals)
Consolidated Statements Of Operations
Accumulated Other Comprehensive Loss (details)
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss (tables)
Accumulated Other Comprehensive Loss Reclassification Adjustment (details)
Acquisitions (details)
Acquisitions (notes)
Acquisitions (tables)
Allowance For Credit Losses
Allowance For Credit Losses (tables)
Allowance For Credit Losses (textuals) (details)
Allowance For Credit Losses - Aging Of Past-due Receivables (details)
Allowance For Credit Losses - Summary Of Allowance For Credit Losses (details)
Allowance For Credit Losses Allowance For Credit Losses (policies)
Allowance For Credit Losses Valuation And Qualifying Accounts (details)
Allowance For Credit Losses Valuation And Qualifying Accounts Schedule (tables)
Benefit Plans
Benefit Plans (tables)
Benefit Plans - Components Of Net Periodic Benefit Cost (details)
Benefit Plans Benefit Plans - Accumulated Benefit Obligation In Excess Of Plan Assets (details)
Benefit Plans Benefit Plans - Allocation Of Plan Assets (details)
Benefit Plans Benefit Plans - Assumptions Used (details)
Benefit Plans Benefit Plans - Change In Plan Assets Unobservable Inputs (details)
Benefit Plans Benefit Plans - Defined Contribution Plans (details)
Benefit Plans Benefit Plans - Future Benefit Payments (details)
Benefit Plans Benefit Plans - Health Care Cost Trends (details)
Benefit Plans Benefit Plans - Summary Of Benefit Plan (details)
Benefit Plans Benefit Plans - Textuals (details)
Commitments And Contingencies
Commitments And Contingencies Commitments And Contingencies (details)
Debt
Debt (details)
Debt (tables)
Debt (textuals) (details)
Derivative Instruments And Hedging Activities
Derivative Instruments And Hedging Activities (details)
Derivative Instruments And Hedging Activities (tables)
Derivative Instruments And Hedging Activities (textuals) (details)
Divestitures (details)
Divestitures (notes)
Divestitures (tables)
Earnings (loss) Per Share
Earnings (loss) Per Share (details)
Earnings (loss) Per Share (tables)
Fair Value Of Assets And Liabilities
Fair Value Of Assets And Liabilities (tables)
Fair Value Of Assets And Liabilities (textuals) (details)
Fair Value Of Assets And Liabilities - Fair Value Measurements (details)
Fair Value Of Assets And Liabilities - Summary Of Liabilities Recorded At Carrying Value (details)
Finance Lease Receivables
Finance Lease Receivables (tables)
Finance Lease Receivables - Components Of Finance Lease Receivables (details)
Finance Lease Receivables - Minimum Lease Receivbales Schedule (details)
Goodwill And Other Assets
Goodwill And Other Assets (details)
Goodwill And Other Assets (tables)
Guarantees And Product Warranties
Guarantees And Product Warranties (details)
Guarantees And Product Warranties (tables)
Income Taxes
Income Taxes (tables)
Income Taxes (textuals) (details)
Income Taxes - (loss) Income From Continuing Operatings (details)
Income Taxes - Deferred Tax Assets And Liabilities (details)
Income Taxes - Income Tax Reconciliation (details)
Income Taxes - Provision/(benefit) For Income Taxes (details)
Income Taxes - Unrecognized Tax Benefits (details)
Income Taxes Income Taxes - Deferred Taxes By Balance Sheet Account (details)
Inventories
Inventories (details)
Inventories (tables)
Investments
Investments (details)
Investments (tables)
Investments (textuals) (details)
Investments Cost Method Of Accounting (details)
Leases
Leases (details)
Leases (tables)
Other Assets (details)
Property, Plant And Equipment
Property, Plant And Equipment (details)
Property, Plant And Equipment (tables)
Quarterly Financial Information (unaudited)
Quarterly Financial Information (unaudited) (details)
Quarterly Financial Information (unaudited) (tables)
Redeemable Noncontrolling Interests (details)
Redeemable Noncontrolling Interests (notes)
Redeemable Noncontrolling Interests (tables)
Related Party Transactions (details)
Related Party Transactions (notes)
Restructuring
Restructuring (tables)
Restructuring (textuals) (details)
Restructuring - Restructuring Charges By Plan (details)
Restructuring - Restructuring Charges By Segment (details)
Restructuring - Restructuring Charges By Statement Of Operations Account (details)
Restructuring - Restructuring Reserve Activity (details)
Segment Information
Segment Information (details)
Segment Information (tables)
Segment Information (textuals) (details)
Segment Information Geographical Revenue And Long-lived Assets (details)
Segment Information Revenue By Service/product Solution (details)
Share-based Compensation And Equity
Share-based Compensation And Equity (tables)
Share-based Compensation And Equity (textuals) (details)
Share-based Compensation And Equity - Director Deferred Shares Activity (details)
Share-based Compensation And Equity - Fair Value Assumptions (details)
Share-based Compensation And Equity - Performance Shares Activity (details)
Share-based Compensation And Equity - Restricted Stock Unit Activity (details)
Share-based Compensation And Equity - Share-based Compensation Expense (details)
Share-based Compensation And Equity - Stock Option Activity (details)
Share-based Compensation And Equity - Unrecognized Compensation Costs (details)
Share-based Compensation And Equity Share-based Compensation And Equity (policies)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (details)
Summary Of Significant Accounting Policies (policies)
Supplemental Guarantor Information (condensed Consolidating Balance Sheets) (details)
Supplemental Guarantor Information (condensed Consolidating Statement Of Cash Flows) (details)
Supplemental Guarantor Information (condensed Consolidation Statement Of Operations) (details)
Supplemental Guarantor Information (notes)
Supplemental Guarantor Information (tables)
Ticker: DBD
CIK: 28823
Form Type: 10-K Annual Report
Accession Number: 0000028823-18-000066
Submitted to the SEC: Wed Feb 28 2018 8:07:29 AM EST
Accepted by the SEC: Wed Feb 28 2018
Period: Sunday, December 31, 2017
Industry: Calculating And Accounting Machines No Electronic Computers

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