Ad-hoc | 2 September 2009 10:37
CeoTronics AG / Quarter Results
02.09.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407),
Adam-Opel-Strasse 6, 63322 Rödermark, Germany, listed in the Prime Standard
and in the Technology All Share index of the Frankfurt Stock Exchange,
generated consolidated revenues of approximately EUR2,819 thousand as of
August 31, 2009 (previous year: EUR2,998 thousand).
As of August 31, 2009, the order backlog was down by around 16%
year-on-year. New orders in Q1 (the summer months June to the end of
August) of the current fiscal year are up by approx. 91.4% compared to new
orders in previous year Q1. In comparison to the new orders gained in Q4 of
the previous year the value of new orders in Q1 of fiscal year 2009/2010 is
up by nearly 180%
The final detailed consolidated figures for the Group will be published
together with the first 2009/2010 quarterly report following their approval
on October 9, 2009.
---------------------------------------------------------------------------
Information and Explaination of the Issuer to this News:
Not taking into consideration the CT-DECT JetCom systems for the German
Armed Forces that were in the order backlog of Q1 last fiscal year, the
order backlog as of August 31, 2009 is the highest in Q1 order backlog
since the founding of the company. The 'unadjusted' order backlog in
comparison to the preceding year is smaller as expected as the third batch
of the major order for CT-DECT JetCom systems from the German Armed Forces
has been part in the previous year figure and was delivered and invoiced
during the fiscal year 2008/2009. Furthermore the worst crisis to the world
economy and the financial markets during the last 80 years had its impact
on new orders in Q4 of the fiscal year 2008/2009 and the first half of Q1
in 2009/2010.
The lower number of new orders in Q4 of the preceding year and during the
first half of Q1 of the current fiscal year led to reduction of turnover by
approx. 6% compared to the year before. Due to the lower workload
CeoTronics was able to reduce accumulate overtime hours and holiday
entitlements during Q1 of the fiscal year 2009/2010.
'The brightening up of the economic climate in some priority markets, the
current order backlog, audio and video projects in preparation and the
start up of the future switch to digital radio in Germany make us
hesitating positive towards the fiscal year 2009/2010', said Thomas H.
Günther, Chairman of the Board of Management.
Further information:
CeoTronics AG Audio Video Data Communication
Investor Relations, Adam-Opel-Strasse 6, 63322 Rödermark, Germany
Tel.: +49 6074 8751-722, Fax: +49 6074 8751-720
E-mail: chairman@ceotronics.com, Internet: http://www.ceotronics.com
02.09.2009 Financial News transmitted by DGAP
---------------------------------------------------------------------------
Language: English
Company: CeoTronics AG
Adam-Opel-Straße 6
63322 Rödermark
Deutschland
Phone: +49 (0)6074 8751-724
Fax: +49 (0)6074 8751-720
E-mail: investor.relations@ceotronics.com
Internet: www.ceotronics.com
ISIN: DE0005407407
WKN: 540740
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
---------------------------------------------------------------------------