Business Figures for the First Six Months of 2017: New Record Values
In the first six months of the fiscal year 2017, the group's incoming orders amounted to Euro 100.4 million (previous year: Euro 50.2 million, +100 %) and were thus just below total incoming orders of the previous year. The group’s sales of Euro 78.5 million were 62 % above the previous year’s level (Euro 48.5 million). The gross profit margin slightly increased and amounted to 50.3 % (previous year: 49.7 %). The earnings before taxes (EBT) for the group were positively impacted by economies of scale and amounted to Euro 18.2 million (previous year: Euro 5.3 million). The pre-tax return rate amounted to 23 % (previous year: 11 %). At a slightly increased tax ratio, the result per share went up from Euro 1.19 to Euro 4.03.
“In a very dynamic market environment, we closed the first half-year of 2017 with new record values in incoming orders and sales. For the first six months of 2017, the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German engineering association) reported the strongest growth for image processing components since 15 years. For German manufacturers of image processing components this meant an order growth by 47 % and a sales growth by 43 % – in the same period our incoming orders grew by 100 % and sales by 62 %. With these tailwinds we are very well prepared for the second half-year of 2017 and will continue to forge ahead with our growth strategy. Regarding the market situation, after a very dynamic start of the year, we expect a slowdown in the second half-year that can already be seen in our incoming orders”, says Hardy Mehl, CFO.
Recently, we raised the 2017 forecast and now plan within a group’s sales corridor of Euro 140 – 150 million at a pre-tax margin of 15 – 18 %.
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