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euromicron AG: Entering the final straight in 2014 with the highest 9-month sales figure ever
DGAP-News: euromicron AG / Key word(s): 9-month figures
euromicron AG: Entering the final straight in 2014 with the highest
9-month sales figure ever
07.11.2014 / 07:00
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- The highest sales after nine months in the company's history: EUR246.6
million
- Consolidated EBITDA margin within the planned target corridor at 6.2%
- New orders total EUR250.5 million, slightly up on the good figure for the
previous year
- Equity ratio remains strong at around 40%
Frankfurt / Main, November 7, 2014 - euromicron AG, a leading provider of
complete infrastructure solutions for communications, transport, data and
security networks, continues to grow after the first nine months of 2014.
The company has managed to post the highest consolidated sales in the first
nine month in its history. The consolidated EBITDA was within the
anticipated corridor, as integration costs continued to fall. This positive
business performance is all the more remarkable in view of the
uncertainties on the market due to geopolitical developments in Middle East
and given the economic sanctions against Russia.
The company has also laid the strategic groundwork for the next stage in
its growth. As planned, the euromicron Group pressed ahead with integrating
and optimizing its existing structures and with the performance program
"Agenda 500" in the period under review. Thomas Hoffmann, member of the
Executive Board, comments: "We've achieved important organizational and
structural milestones since the beginning of the year. Given the sales
figures after 9 months and profitability as planned, I believe euromicron
is well positioned for the future."
The objective of the "Agenda 500" is to get the company ready for the next
stage in its growth in terms of personnel, structures and finance. Apart
from further organic growth, euromicron aims to increase its sales volume
to EUR500 million by the planned acquisition of one or more production
companies by 2016. The goal of that is to further strengthen its earnings
power through the effects of the Agenda 500 and organic growth.
The euromicron Group achieved further important stages on its path to that
in the period under review: Apart from relocating the servers and data
centers of the individual companies to a highly available, central tier 3
data center, the company also adapted its financial structure and placed a
borrower's note loan for EUR20 million, among other things. As a result,
- The highest sales after nine months in the company's history: EUR246.6
million
- Consolidated EBITDA margin within the planned target corridor at 6.2%
- New orders total EUR250.5 million, slightly up on the good figure for the
previous year
- Equity ratio remains strong at around 40%
Frankfurt / Main, November 7, 2014 - euromicron AG, a leading provider of
complete infrastructure solutions for communications, transport, data and
security networks, continues to grow after the first nine months of 2014.
The company has managed to post the highest consolidated sales in the first
nine month in its history. The consolidated EBITDA was within the
anticipated corridor, as integration costs continued to fall. This positive
business performance is all the more remarkable in view of the
uncertainties on the market due to geopolitical developments in Middle East
and given the economic sanctions against Russia.
The company has also laid the strategic groundwork for the next stage in
its growth. As planned, the euromicron Group pressed ahead with integrating
and optimizing its existing structures and with the performance program
"Agenda 500" in the period under review. Thomas Hoffmann, member of the
Executive Board, comments: "We've achieved important organizational and
structural milestones since the beginning of the year. Given the sales
figures after 9 months and profitability as planned, I believe euromicron
is well positioned for the future."
The objective of the "Agenda 500" is to get the company ready for the next
stage in its growth in terms of personnel, structures and finance. Apart
from further organic growth, euromicron aims to increase its sales volume
to EUR500 million by the planned acquisition of one or more production
companies by 2016. The goal of that is to further strengthen its earnings
power through the effects of the Agenda 500 and organic growth.
The euromicron Group achieved further important stages on its path to that
in the period under review: Apart from relocating the servers and data
centers of the individual companies to a highly available, central tier 3
data center, the company also adapted its financial structure and placed a
borrower's note loan for EUR20 million, among other things. As a result,
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