QSC AG reached all of its targets for 2013 including revenues, EBITDA margin, and free cash flow. For 2014, QSC expects revenues to develop with direct sales growing faster than indirect sales and resellers due to declining legacy voice and ADSL2+ revenues. QSC will focus on developing and marketing innovations in 2014 by recruiting ICT experts, launching new products, acquiring smaller ICT companies, and strengthening partnerships. Growth in 2014 and beyond will depend on the progress of QSC's innovation pipeline and the launch of new products and services.