Jetter AG

EANS-Adhoc: Jetter AG
Jetter continues to suffer from machinery slump, recovery expected for second semester 2010 - adhoc announcement §15 WpHG

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9-month report


Ludwigsburg, 10 February 2010. Jetter AG (ISIN: DE0006264005) has finished their third fiscal quarter on 31 December 2009. The Jetter group continued to be afflicted by the ongoing slump in the machinery industry. Quarterly sales declined further to KEUR 6,449 (Previous year: KEUR 8,985). Sales for the nine months were 21.6 Mio. EUR, 32 % less than the 31.7 Mio. EUR in the previous year. Cost-cutting measures notwithstanding, EBIT was a loss of KEUR - 852 for the quarter and KEUR - 2,021 for the nine months (previous year: KEUR - 114 and KEUR + 1,731). Diluted and undiluted earnings per share were EUR - 0.28 for the quarter and EUR - 0.75 for the nine months (previous year: EUR - 0.01 and + 0.53).

Based on the persistently difficult conditions in the machinery business, management expects oscillating sales and negative results to be around for another six 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 12 February 2010 and will be available at 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:

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ots Originaltext: Jetter AG
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Further inquiry note:
Günter Eckert
Telefon: +49-7141-2550-514

Branche: Semiconductors & active components
ISIN:      DE0006264005
WKN:        626400
Index:    CDAX, Prime All Share, Technology 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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