Jetter AG

EANS-Adhoc: Notwithstanding an honourable Q2 result, Jetter expects no improvement in the second half of the year - adhoc announcement §15 WpHG

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6-month report

19.10.2009

Ludwigsburg, 19 October 2009. Jetter AG (ISIN DE0006264005) has closed the second fiscal quarter at 30 September 2009. With sales of 8 Mio. Euro and a loss of about 200 KEUR, the second quarter was markedly better than the first, yet below the quarter in the previous year (sales of 9.5 Mio. Euro and 236 KEUR profit). The improvement over the preceding quarter was due to cost saving measures such as short-time work, which was introduced at the Ludwigsburg facility in July 2009.

Sales for the semester were 15 Mio. Euro, with a loss of 1.4 Mio. Euro. In the previous year, sales had been 22.7 Mio. Euro with a profit of 1.7 Mio. Euro. Based on the persistently difficult conditions in the machinery business, management considers the improvement in the past quarter to be temporary.

Oscillating sales and negative results are expected to be around for another six to nine months. Management expects the tension to ease only from mid-2010, when serial sales of new products from the mobile automation range shall begin. Furthermore, there are timid signs of existing customers´ order books improving in the second half of 2010. Until then, the main focus is on the preservation of liquidity and on the organisational preparation for the expected upturn.

The complete interim report will be published on 11 November 2009 and will be available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).

For additional information, please contact: Jetter AG, Günter Eckert, CFO Tel.: +49 7141-2550-514 Fax.: +49 7141-2550-555 Email: geckert@jetter.de

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ots Originaltext: Jetter AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Günter Eckert
Telefon: +49-7141-2550-514
E-Mail: geckert@jetter.de

Branche: Semiconductors & active components
ISIN:      DE0006264005
WKN:        626400
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade



Weitere Meldungen: Jetter AG

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