Corporate News from 01.12.2016
Preliminary Group figures after 6 months of the 2016/2017 financial year:
Turnover approx. € 10. 2 million (+ 20. 7%) // Order backlog approx. € 6. 6 million (+ 13. 7%) // Incoming orders approx. € 11. 6 million (+ 48. 9%)
CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407), Adam-Opel-Straße 6, 63322 Rödermark, Germany, reported a net profit of for the 2016/2017 financial year, according to preliminary figures, consolidated sales of 10. 2 million. Compared to the previous year's turnover of € 8. 5 million, this represents an increase of Increase of approx. 20. 7%.
The consolidated order backlog as of November 30, 2016 in the amount of approximately € 6. 6 million increased by approx. 13. 7% compared to the previous year. The consolidated incoming orders
amounts to approx. € 11. 6 million and increased by approx. 48. 9% compared to the previous year.
Final and detailed half-yearly figures will be published after their approval, presumably published on January 27, 2017, with the half-year financial report 2016/2017. To at this point in time, a more precise assessment of the sales and earnings situation is also required. Earnings forecast possible as of 31 May 2017.
CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407), Adam-Opel-Straße 6, 63322 Rödermark, Germany, is listed in the Entry Standard.
Information and explanations of the issuer on this CorporateNews:
„The current course of business after 6 months of the 2016/2017 financial year as well as the the OrderForecast support our assumptions that CeoTronics will increase consolidated revenues by significantly higher than in the previous year and reported a positive consolidated result,“ CEO and Spokesman of the Board Thomas H. Günther announced.