Corporate News from 01.06.2017
Sales and order volume development at the end of the 2016/2017 fiscal year (31 May 2017)
Sales approx. €19.6 million (+ 12.1%) // order volume approx. €5.8 million (+10.8%)
According to provisional figures, CeoTronics AG Audio Video Data Communication (ISIN:DE0005407407, noted in the Basic Board), Adam-Opel-Straße 6, 63322 Rödermark, Germany, recorded Group sales of approx. €19.6 million in the 2016/2017 fiscal year. This results in a sales increase of approx. €2.1 million or 12.1% compared with the previous year.
The consolidated order volume on the key accounting date 31 May 2017 increased in comparison with the previous year by approx. 10.8% from €5.2 million to approx. €5.8 million. It was possible to increase incoming orders in the fiscal year 2016/2017 significantly by around approx. €4.0 million (+ 24.3%) to approx. €20.2 million compared with the previous year (€16.2 million).
Final, detailed figures for the fiscal year will be published following validation, provisionally at the beginning of September 2017, in the 2016/2017 annual report.
Information and explanatory notes from the issuer on this Corporate News:
“Despite negative influences in connection with the elections and formations of government in Poland, Spain and the USA , CeoTronics was able to slightly exceed its sales objective. CeoTronics will thus also achieve its results target of a ‘significantly positive Group result’,” stated CEO and chairman of the board Thomas H. Günther.