DGAP-News
KROMI Logistik AG publishes H1 report for FY 2014/2015 - Seite 2
explains this expense development.
As a consequence, the Group reported EUR 130 thousand of earnings before
interest and tax (EBIT) for the first six months of 2014/2015, a slight
increase compared with the previous year's EUR 85 thousand. When adjusted
for expenses arising from unrealised valuation losses, pure operating
earnings stood at EUR 457 thousand (previous year: EUR 498 thousand). At
the bottom line, KROMI Logistik reported a consolidated net loss of EUR
-194 thousand (previous year: EUR -224 thousand).
"We look back on a first half of our 2014/2015 fiscal year that was
challenging, but satisfactory overall, during which we reported slight
growth in both sales revenue and EBIT. The rise in our gross profit margin
to 24.9%, compared with 23.8% at the end of the 2013/2014 fiscal year, is
also pleasing. These key indicators reflect our business model's intrinsic
value and stability. We are convinced that we can continue to achieve
successive revenue growth in combination with rising profitability," as
Jörg Schubert commented. In this connection, the Managing Board is
confirming its forecast of realising revenue growth in the upper
single-digit percentage range on a full-year view. KROMI Logistik is also
aiming for further EBIT growth, given stable economic trends.
Over the course of the day, KROMI Logistik will make its full (IFRS) report
for the first six months of its 2014/2015 fiscal year available for
downloading on its website at www.kromi.de within the Investor Relations
area.
Company profile:
KROMI Logistik AG offers manufacturing companies end-to-end outsourcing for
their supply of precision machining tools, both in Germany and abroad. The
company focuses on technically advanced machining tools for metalworking
(consumable and cutting tools, e.g. drills). KROMI Logistik combines
conventional tool retailing with a decentralised tool supply system that
includes output machines in the customer's production area and an IT-based
tool management and controlling system. KROMI Logistik's aim is to
sustainably optimise the supply of resources (particularly tools) for its
customers and to secure the availability of the appropriate resources at
the right time and in the right place. The company is currently represented
at four locations in Germany and four abroad (Slovakia, Czech Republic,
Brazil and Spain), and is active in five other European countries. To date,
KROMI Logistik has primarily focused on customers in the machine
engineering, automotive suppliers and aerospace sectors as well as marine
engine construction.
Visit us online at: www.kromi.de
Investor relations contact:
cometis AG
Janis Blaum
Phone: +49 (0)611-205855-64
Fax: +49 (0)611-205855-66
E-mail: blaum@cometis.de
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12.02.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: KROMI Logistik AG
Tarpenring 11
22419 Hamburg
Germany
Phone: 040/537151-0
Fax: 040/537151-99
E-mail: info@kromi.de
Internet: www.kromi.de
ISIN: DE000A0KFUJ5
WKN: A0KFUJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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322425 12.02.2015
for the first six months of its 2014/2015 fiscal year available for
downloading on its website at www.kromi.de within the Investor Relations
area.
Company profile:
KROMI Logistik AG offers manufacturing companies end-to-end outsourcing for
their supply of precision machining tools, both in Germany and abroad. The
company focuses on technically advanced machining tools for metalworking
(consumable and cutting tools, e.g. drills). KROMI Logistik combines
conventional tool retailing with a decentralised tool supply system that
includes output machines in the customer's production area and an IT-based
tool management and controlling system. KROMI Logistik's aim is to
sustainably optimise the supply of resources (particularly tools) for its
customers and to secure the availability of the appropriate resources at
the right time and in the right place. The company is currently represented
at four locations in Germany and four abroad (Slovakia, Czech Republic,
Brazil and Spain), and is active in five other European countries. To date,
KROMI Logistik has primarily focused on customers in the machine
engineering, automotive suppliers and aerospace sectors as well as marine
engine construction.
Visit us online at: www.kromi.de
Investor relations contact:
cometis AG
Janis Blaum
Phone: +49 (0)611-205855-64
Fax: +49 (0)611-205855-66
E-mail: blaum@cometis.de
---------------------------------------------------------------------
12.02.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: KROMI Logistik AG
Tarpenring 11
22419 Hamburg
Germany
Phone: 040/537151-0
Fax: 040/537151-99
E-mail: info@kromi.de
Internet: www.kromi.de
ISIN: DE000A0KFUJ5
WKN: A0KFUJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
322425 12.02.2015
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