Corporate News from 01.06.2022
Sales and order development for fiscal year 2021/2022 (May 31, 2022):
Consolidated revenue approx. € 29.2 million (approx. + 9.8%) // Orders on hand approx. € 16.9 million (approx. -1.7%) // Orders received approx. + 36%
According to preliminary figures, CeoTronics AG generated consolidated revenue of approx. preliminary figures, CeoTronics AG generated consolidated revenues of approximately € 29.2 million. This means that CeoTronics AG exceeded the previous year‘s revenue by approximately € 2.6 million and met its revenue forecast.
This means that the highest revenues in the Company‘s history were generated for the 3rd time in a row, and consolidated revenues have increased uninterruptedly for five fiscal years (starting with fiscal year 2017/2018).
The consolidated order backlog as of May 31, 2022 changed slightly by approx. - 1.7% to approx. € 16.9 million compared to the high level of the previous year. The order intake developed very positively with approx. + 36% year-on-year.
Final and detailed figures for fiscal year 2021/2022 will be published with the 2021/2022 annual report once they have been determined, probably at the beginning of September 2022.
„One of CeoTronics AG‘s major core competencies is its portfolio of products and services for government security and law enforcement agencies. Not only since the Russian war of aggression on Ukraine, we have been aware of the urgent need to invest more in internal and external security in Germany and Europe. For many years we have been pushing to strengthen ourselves against the enemies of democracy and freedom. Now we in Europe, and especially in Germany, must quickly and sustainably make up for much that has been neglected for decades. We will do our part and, as a precautionary measure, have made our production capacity more flexible - including technical and organizational preparations for handling much larger orders/framework agreements,“ announced Board of Management member Thomas H. Günther.
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.