Corporate News from 01.12.2020
Sales and order backlog developments at the end of the financial half-year 2020/2021 (November 30, 2020)
Consolidated sales approx. € 14.2 million (approx. +30.4%) // Consolidated orders on hand approx. € 20.1 million // Positive outlook confirmed once again
According to preliminary figures, CeoTronics AG Audio Video Data Communication generated consolidated revenues of approximately € 14.2 million in the reporting period from June 1, 2020 to November 30, 2020. This means that CeoTronics AG once again significantly exceeded the previous year‘s figure of €10.9 million (then +43.9%) by approximately 30.4% and set a new half-year record.
The consolidated order backlog as of November 30, 2020 decreased by approximately 13.2% to approximately €20.1 million compared to the record level of the previous year. The average order backlog of the last five half-yearly reporting dates amounts to €12.7 million.
Final and detailed half-yearly figures will be published with the half-yearly financial report 2020/2021 after approval, probably on January 29, 2021. At that time, a more precise assessment of the sales and earnings forecast as of May 31, 2021, will also be possible.
„The calendar year 2020 was very successful for CeoTronics AG despite the negative effects of the COVID 19 pandemic. We are working to ensure that we will continue to be able to compensate for disruptions in the supply chains in the future, so that we will be able to continue to operate in spite of the pandemic. We are confident that we will find ways to stay in touch with our business partners in the future due to the restrictions imposed by the law and that no COVID 19 infections will spread within the CeoTronics Group.“ announced Thomas H. Günther, CEO.
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.
Audio Video Data Communication
Investor Relations, Adam-Opel-Straße 6, 63322 Rödermark, Germany
E-Mail: firstname.lastname@example.org, Internet: http://www.ceotronics.com