Corporate News from 01.06.2021
Revenue and order backlog development at the end of fiscal year 2020/2021 (May 31, 2021):
Consolidated revenues approx. € 26.5 million (approx. + 8.4%) // Orders on hand approx. € 17.1 million // Incoming orders approx. + 2.3%
According to preliminary figures, CeoTronics AG generated consolidated revenues of approximately €26.5 million in the reporting period from June 1, 2020 to May 31, 2021. This means that CeoTronics AG exceeded the previous year's revenue by approximately €2.0 million and the revenue forecast by approximately €0.5 million, thus achieving the highest revenue in its corporate history.
The consolidated order backlog as of May 31, 2021, decreased as planned and in line with expectations from a very high prior-year level by approximately 23.7% to approximately € 17.1 million. The average order backlog over the past five fiscal years (as of May 31 in each case) amounts to € 13.4 million.
Despite the negative impact of the pandemic, order intake developed surprisingly positively, increasing by approx. 2.3% year-on-year and by approx. 30.9% in Q4.
Final and detailed figures for fiscal 2020/2021 will be published with the 2020/2021 annual report once they have been determined, probably in early September 2021.
"The last three fiscal years have been very positive despite the last 15 pandemic months. The current order backlog and several major projects we are working on allows us to look to the future with optimism”, states Thomas H. Guenther of the Board of Management.
CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407), Adam-Opel-Straße 6, 63322 Rödermark, Germany, is listed on the Basic Board of the Frankfurt Stock Exchange.