Corporate News from 01.06.2016
Sales and order volume development at the end of the 2015/2016 fiscal year (31 May 2016)
Group turnover approx. €17.5 million // order volume approx. €5.2 million
According to provisional figures, CeoTronics AG Audio Video Data Communication (ISIN:DE0005407407), Adam-Opel-Straße 6, 63322 Rödermark, Germany, recorded Group sales of approx. €17.5 million in the 2015/2016 fiscal year. This results in a decrease of approx. 2.3% compared with the previous year.
The consolidated order volume on the key date 31 May 2016 fell in comparison with the previous year by approx. 19.5% from €6.5 million to approx. €5.2 million.
Final, detailed figures for the fiscal year will be published following validation, provisionally at the beginning of September 2016, in the 2015/2016 annual report.
CeoTronics AG Audio Video Data Communication (ISIN:DE0005407407), Adam-Opel-Straße 6, 63322 Rödermark, Germany, is listed in the Entry Standard.
Information and explanatory notes from the issuer on this Corporate News:
The order volume at the end of the fiscal year 2015/2016 fell in comparison with the very high value of the previous year, as this was particularly influenced by the high incoming orders in the second half of the fiscal year 2014/2015. The current order volume is nevertheless above the average for the last three fiscal years. The incoming orders in the fourth quarter of the completed fiscal year were approx. 17.4% above the comparable figure for the previous year.
“The second half of the fiscal year 2015/2016 was, in contrast to the noticeably positive comparable period in the fiscal year 2014/2015, characterized by project delays and postponed orders. These provisional key date figures only have limited informative value,” stated CEO and chairman of the board Thomas H. Günther.