Archive 2011
19. Oct 2011: Jetter AG ends sales record-breaking quarter
Ludwigsburg, 19 October 2011. Jetter AG, Ludwigsburg, (ISIN: DE0006264005) publishes figures for the second fiscal quarter ended 30 September 2011. In the quarter from July through September, the Jetter group registered sales of 13.7 Mio. Euro, the highest figure in the company’s history so far (previous year quarter: 8.4 Mio. Euro). Sales for the first semester amounted to 23.9 Mio. Euro (previous year: 16.3 Mio. Euro). EBIT was 1.3 Mio. Euro for the quarter and 0.9 Mio. Euro for the semester (previous year: 0.5 Mio for the quarter and 0.9 Mio for the semester).
Management does not expect, however, a continuation of this extraordinarily high sales level. The outlook for fiscal 2011/12 remains therefore unchanged.
The complete interim report will be published on 14 November 2011 and will be available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).
For additional information, please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514
Fax.: +49 7141-2550-555
Email: geckert(at)jetter.de
09. Aug 2011: Jetter AG ends Q1 with a loss and good order book
Jetter AG, Ludwigsburg, (ISIN: DE0006264005) publishes figures for the first fiscal quarter ended 30 June 2011. In the first fiscal quarter, the Jetter group registered sales of 10 Mio. Euro, 30% more than the year before (7.8 Mio. Euro). But while in the previous year, sharp cost-cutting measures had allowed for a positive EBIT of KEUR 347, Jetter suffered a loss of KEUR 434 in the current year, mainly due to onerous start-up costs through the beginning of new products’ serial production, which management expects to subside over the next six months. Diluted and undiluted earnings per share were EUR -0.13 (previous year: EUR 0.09).
Order intake in the quarter amounted to 12.8 Mio. Euro, the highest figure in company history so far (previous year: 9 Mio. Euro). The orderbook, too, rose to a new record level of 8.9 Mio. Euro (previous year: 5 Mio. Euro). With continuous high sales and increased maturity of new products, management is confident that earnings in the current fiscal year will take a positive development.
The complete interim report will be published on 11 August 2011 and will be available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).
For additional information, please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514
Fax.: +49 7141-2550-555
Email: geckert(at)jetter.de
18. Jun 2011: Jetter leaves losses behind, starts new year with substantial orders
Jetter AG, Ludwigsburg, (ISIN: DE0006264005) has reached consolidated sales of 33.6 Mio. Euro in the fiscal year 2010/11 (previous year: 28.6 Mio. Euro) and an EBIT, burdened by special effects, of 0.12 Mio. Euro (previous year: -1.85 Mio. Euro) and has thus returned to the profit zone.
The last quarter has contributed sales of 9.8 Mio. Euro and a current result of 450 KEUR, which, however, was burdened by accruals and consolidation effects of 700 KEUR and thus turned negative. Accruals concern mainly starting difficulties in the mobile sector.
Order intake and order book have recovered well and are approaching pre-crisis levels. Order intake in 2010/11 was 37 Mio. Euro (previous year: 26 Mio. Euro. Order book at 31 March was 6.4 Mio. Euro (previous year: 3.4 Mio. Euro).
Management therefore considers the perspectives for business in 2011/12 and 2012/13 positive. They expect a sales increase of 10-20% for the current fiscal year 2011/12, as well as for the following years up to 2013/14, which will mainly be driven by the mobile automation sector. The result for the current year will definitely be positive, but will not attain the EBIT margin of 7-10% aimed for in the following years.
The business report will be published on 22 June 2011 and will be available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).
For additional information, please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514
Fax.: +49 7141-2550-555
Email: geckert(at)jetter.de
05. Feb 2011: Jetter takes in massive orders in an otherwise weak quarter
Ludwigsburg, 05 February 2011. Jetter AG (ISIN: DE0006264005) has finished their third fiscal quarter on 31 December 2010. The quarter was marked by weak sales, combined with a very high order intake. Sales of the Jetter group for the first nine months were, at KEUR 23,782, 10.3 % higher than in the previous year (KEUR 21,563). EBIT was KEUR -419 for the quarter and KEUR 441 for the nine months (previous year: KEUR -852 and -2,021). Diluted and undiluted earnings per share were EUR -0.16 for the quarter and EUR 0.06 for the nine months (previous year: EUR -0.28 and EUR –0.75).
The expected upswing made itself felt in the order intake of KEUR 10.6 Mio. EUR, 73 % more than the preceding quarter and 65 % more than the same quarter the year before. The orderbook nearly doubled during the quarter, from 3.3 Mio. EUR to 6.4 Mio. EUR. This increase is due to the marked recovery of the machinery industry, as well as to major orders in the field of mobile automation.
Management therefore expects a strong fourth quarter with a positive result, as well as a sustainable recovery in the course of the next fiscal year, yet with marked quarterly oscillations.
The complete interim report will be published on 14 Feuaryt 2011 and will be available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).
For additional information, please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514
Fax.: +49 7141-2550-555
Email: geckert(at)jetter.de