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    DGAP-News  327  0 Kommentare KROMI Logistik AG publishes 3-month report 2014/2015


    DGAP-News: KROMI Logistik AG / Key word(s): Quarter Results
    KROMI Logistik AG publishes 3-month report 2014/2015

    19.11.2014 / 08:02

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    KROMI Logistik AG publishes 3-month report 2014/2015

    - Revenue registers slight growth to EUR 14,655 thousand (previous year:
    EUR 14,535 thousand)

    - EBIT result of EUR -114 thousand slightly below previous year's level
    (EUR -96 thousand)

    - Outlook confirmed - Target: further revenue growth in upper
    single-digit percentage range and gradual rise in operating result
    (EBIT) for current FY 2014/2015

    Hamburg, November 19, 2014 - KROMI Logistik AG, a provider of end-to-end
    tools logistics solutions for manufacturing companies, generated revenue
    during the first three months of its 2014/2015 fiscal year (July 1 to
    September 30, 2014) that was slightly ahead of the level of the prior-year
    period. The Group lifted its revenue to EUR 14,655 thousand (previous year:
    EUR 14,535 thousand), reflecting slight growth of 0.8 %. This gain is
    gratifying given that, especially during the August holiday period,
    customers' production levels, and consequently also demand for KROMI
    services, tend to be more modest. The result before interest and tax (EBIT)
    of EUR -114 thousand was slightly below the previous year's EUR -96
    thousand.

    "Our well-balanced customer structure - which is diversified across several
    sectors and markets both in Germany and abroad - ensured that our revenues
    during the first three months of our 2014/2015 fiscal year were not only
    held stable compared with the previous year, but also advanced slightly,"
    notes Jörg Schubert, KROMI Logistik's CEO.

    Despite the minor revenue growth, the cost of materials was reduced
    slightly from EUR 11,168 thousand to EUR 11,134 thousand. The cost of
    materials ratio fell from 76.8 % to 76.0 %. In line with this development,
    the gross profit margin was boosted to 24.0 %, compared with 23.2 % in the
    previous-year period. This performance indicator was also increased
    compared with the full 2013/2014 fiscal year, when the gross profit margin
    amounted to 23.8 %.

    Staff costs reported a significant increase from EUR 1,866 thousand to EUR
    2,166 thousand, with the staff cost ratio advancing to 14.8 % accordingly
    (previous year: 12.8 %). "This trend reflects new hires for customers that
    are still in the preparatory or start-up phase of supplies, and
    consequently necessitate a higher level of our staff time and costs," as
    Uwe Pfeiffer, CFO at KROMI Logistik, explains this expense development.
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    DGAP-News KROMI Logistik AG publishes 3-month report 2014/2015 DGAP-News: KROMI Logistik AG / Key word(s): Quarter Results KROMI Logistik AG publishes 3-month report 2014/2015 19.11.2014 / 08:02 --------------------------------------------------------------------- KROMI Logistik AG publishes 3-month report …