Corporate News from 03.12.2018
Provisional Group figures after 6 months of fiscal year 2018/2019.
Revenue approx. €7.6 million as expected // Order book incredibly high at approx. €21.9 million // Improved order structure
According to provisional figures, CeoTronics AG Audio Video Data Communication recorded Group revenue of approx. €7.6 million for the first half of fiscal year 2018/2019. The growth
in revenue is in line with expectations, given the reasons for the almost four months of shorttime work, which has now come to an end. In the second half of fiscal 2018/2019, it should be possible to more than make up for the fall in revenue.
The consolidated order book, which amounted to approx. €21.9 million as at November 30, 2018, increased by approx. 274% compared to the previous year. The consolidated order
intake for fiscal year 2018/2019 (ytd) is approx. €22.1 million and has increased by approx. 129% compared to the same period of the previous year.
CeoTronics had planned to increase Group revenue compared to the previous year and achieve a positive Group result in fiscal year 2018/2019. The revenue/earnings forecast will
be specified in more detail with the publication of the final and detailed half-year figures for 2018/2019, which is expected at the beginning of February 2019.
“The order book level and the order structure have improved significantly compared to previous years. The current order book is marked by an extremely high €-volume, by a higher
number of larger projects, and above all by the fact that many orders are being processed over a longer period of time in several delivery batches and/or with several performance milestones (partly incl. upstream development, certification/approval, etc.). With this sustainable order book, if you will, CeoTronics AG has been able to achieve the utilization of basic capacity for the longer term and create the conditions for the most continuous, positive business development possible – at the latest from fiscal year 2019/2020,” said CEO Thomas H. Günther.
CeoTronics AG, Audio Video Data Communication (ISIN: DE0005407407), Adam-Opel- Straße 6, 63322 Rödermark, Germany, is listed in the Basic Board of the Frankfurt Stock Exchange.
Audio Video Data Communication
Investor Relations, Adam-Opel-Straße 6, 63322 Rödermark, Germany
E-mail: email@example.com, Internet: www.ceotronics.com