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KROMI Logistik AG publishes 2014/2015 annual report

DGAP-News: KROMI Logistik AG / Key word(s): Final Results
KROMI Logistik AG publishes 2014/2015 annual report

16.09.2015 / 07:51

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KROMI Logistik AG publishes 2014/2015 annual report

- Revenue grows 3.4 % to EUR 63,341 thousand and gross profit margin
increases to 24.4 %

- Company generates EUR 1,218 thousand of adjusted, pure operating profit

- Business with major international customers offers attractive revenue
potential during current fiscal year

- Company targets further profitable revenue growth for FY 2015/16

Hamburg, September 16, 2015 - KROMI Logistik AG, the provider of end-to-end
tool logistics solutions for manufacturing companies, has today published
its complete report for the 2014/2015 fiscal year (as of June 30, 2015).
The company grew its revenue further to EUR 63,341 thousand in the fiscal
year elapsed (previous year: EUR 61,287 thousand). KROMI benefited from a
customer base that is diversified across several sectors and regions. The
successful acquisition of new customers thereby allowed KROMI to more than
offset falls in revenue with some customers. Successful growth in business
with existing customers also enabled the company to further improve its
sales revenue quality: The gross profit margin increased to 24.4 %
accordingly (previous year: 23.9 %).

Although KROMI Logistik fell short of the full-year sales revenue target
that it had set for itself, business developed satisfactorily overall. In
Germany, KROMI Logistik not only successfully expanded business with
existing customers during the period under review, but also acquired new
customers from various sectors. Revenue in Germany consequently grew by 5.7
%, from EUR 38,092 thousand in the previous year to EUR 40,260 thousand in
the 2014/2015 fiscal year. Outside Germany, too, the operating business put
in a successful performance overall. KROMI acquired new customers in
various European countries outside Germany, and further strengthened its
market position. In Brazil, business reported differing trends given the
currently very strained economic situation there. KROMI Logistik was
nevertheless largely able to offset this decline in business among existing
customers with business generated with new customers. Revenue generated
abroad of EUR 23,081 thousand in the 2014/2015 fiscal year was
approximately at the previous year's level overall (EUR 23,195 thousand).

As Jörg Schubert, CEO of KROMI Logistik AG, comments: "We are satisfied