EANS-Adhoc: Jetter AG reports record sales and earnings increase in fiscal
2011/12
--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
15.06.2012
In the fiscal year 2011/12 (31 March), Jetter AG in Ludwigsburg (ISIN:
DE0006264005) has recorded the highest turnover in its history, at Euro 44 Mio,
a 31% increase over the previous year (Euro 33.6 Mio). EBIT at Euro 0.43 Mio was
markedly higher than in the previous year (Euro 0.13 Mio). The net profit was
KEUR 151 (previous year: loss of KEUR 114).
Strongly varying quarterly sales, implying preproduction in the respective
preceding quarters, led to extremely volatile quarterly results. Although the
yearly EBIT of KEUR 432 nearly quadrupled over the previous year, it is low with
respect to the record sales. The still very high development costs in the young
mobile automation sector compromised the result. Moreover, part of the sales
increase was borne by lower-margin merchandise, pushing up the material ratio.
These effects should peter out over the next quarters. Order intake in fiscal
2011/12 was Euro 44 Mio, 19% more than in the previous year (Euro 37 Mio).
Management expects a stabilisation on a high level, with a decidedly positive
result. Sales volume is expected to surpass Euro 40 Mio, EBIT Euro 1 Mio. For
the years until 2014/15, management expects yearly sales increases of ca. 10%
and a corresponding profit development, driven mainly by the mobile automation
segment.
The business report will be published on 28 June 2012 and will then be available
on the websites of Jetter and Deutsche Börse.
For additional information, please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514
Fax.: +49 7141-2550-555
Email: geckert@jetter.de
Further inquiry note:
Günter Eckert
Telefon: +49-7141-2550-514
E-Mail: geckert@jetter.de
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Jetter AG
Gräterstraße 2
D-71642 Ludwigsburg
phone: +49(0)7141 2550 0
FAX: +49(0)7141 2550 555
mail: info@jetter.de
WWW: http://www.jetter.de
sector: Semiconductors & active components
ISIN: DE0006264005
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated
dealing/prime standard: Frankfurt
language: English