Ad-hoc | 16 November 2001 08:20
CeoTronics AG
english
Sales Increase above Forecast / Incoming Orders at Record Level / Demand for
Sec
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Sales Increase above Forecast / Incoming Orders at Record Level / Increasing
Demand for Security Products worldwide
Consolidated sales (US-GAAP) until October 31, 2001 of CeoTronics AG Audio Video
Data Communication, which is listed on Frankfurts Neuer Markt (WKN 540740),
rose by 18.8 per cent compared to the same period last year. The order backlog
as of October 31, last year was already at a high level including a bulk-order
from the French authorities. Anyway, the order level at present is 5.2% higher
than last year. In addition, there are promises for additional orders worth 2.45
m Euro. This encouraging development is driven by an increasing demand for the
well-known as well as the new security products and the new digital radio
systems of the world leader in communication electronics under difficult working
conditions. CeoTronics was able to contrast with the negative trend of its
industry and the weak economy in general.
The forecast for the actual business year contains an increase of net-sales by
12.7 per cent and the achievement of a positive net-income.
Further information:
CeoTronics AG Audio Video Data Communication
Investor Relations
Adam-Opel-Straße 6
63322 Rödermark /Germany
Tel: +49(0)6074/8751-722
Fax: +49(0)6074/8751-720
E-Mail: vorstand@ceotronics.com
Internet: http://www.ceotronics.com
end of ad-hoc-announcement (c)DGAP 16.11.2001
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WKN: 540740; Index:
Listed: Neuer Markt Frankfurt Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
160820 Nov 01