DGAP-News 417 0 Kommentare artec technologies AG publishes 2015 financial statements

DGAP-News: artec technologies AG / Key word(s): Final Results
artec technologies AG publishes 2015 financial statements

18.04.2016 / 09:02
The issuer is solely responsible for the content of this announcement.

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artec technologies AG publishes 2015 financial statements

+ Clearly improved operating cash flow of EUR 1.0 million and free cash
flow of EUR 0.2 million
+ Strong increase in sales and operating result
+ High equity ratio rose again from 84.1% to 92.1%
+ Outlook for 2016: Solid sales and profit growth as well as investments in
the future
+ Capital increase to accelerate growth successfully completed in March
2016

Diepholz/Bremen - 18 April 2016: Today, artec technologies AG (ISIN
DE0005209589), a specialist for the storage and evaluation of real-time
information from diverse sources from TV to the Internet, published its
2015 financial statements and confirmed the preliminary figures. The
company's sales and operating result increased strongly in 2015. Moreover,
artec reported a high equity ratio and generated a positive free cash flow.
The company is also optimistic about 2016 - and beyond.

In 2015, artec's sales rose by 42.4% from EUR 2.4 million to EUR 3.5
million, while total output climbed 38% from EUR 2.89 million to EUR 4.0
million. The positive operating performance was supported by all business
segments, as artec benefited from high demand in both the video security
technology segment and the media and broadcast segment. artec's profits
increased sharply, with earnings before interest, taxes, depreciation and
amortisation (EBITDA) up from EUR 0.49 million to EUR 1.0 million and EBIT
up from EUR 0.11 million to EUR 0.64 million. Earnings before taxes
increased from EUR 0.11 million to EUR 0.64 million. Earnings after taxes
amounted to EUR 0.46 million in 2015, compared to EUR 0.52 million in 2014
due to special tax effects.

artec's operating cash flow improved significantly from EUR 0.23 million to
EUR 0.97 million in 2015. After EUR 0.0 in 2014, the company generated a
positive free cash flow of EUR 0.24 million in the reporting period. As a
result of the positive business trend, artec's already high equity ratio
rose again from 84.1% to 92.1%.

Outlook for 2016: Solid sales and earnings growth as well as investments in
the future

"After our success in 2015, we want to continue our profitable growth in
the current year and also make some important investments," says Thomas
Hoffmann, CEO of artec technologies AG. "With our security, IPTV and big
data technology, we operate in very exciting markets. This is also
reflected by the current acquisition activities in the broadcast and video
security industries. In order to tap growth opportunities even more
consistently, we will increase our headcount significantly in 2016. This
will enable us to handle more - and larger - orders and to consolidate our
technological leadership." With the successful capital increase completed
in March 2016, the company has already secured the financing of this
growth.

artec expects solid sales and profit growth in 2016 and the investments to
be made in the current financial year to accelerate growth in 2017 and
2018.

About artec technologies AG
artec technologies AG is a specialist for the storage and evaluation of
real-time information generated from TV, radio, internet TV and other
sources such as social media (Big Data Analysis). The listed company based
in Diepholz, Germany, develops and produces innovative software and system
solutions for the transmission, recording and analysis of video, audio and
metadata in networks and on the Internet. Since 2000, customers have used
the product platforms MULTIEYE(R) for high definition video

security solutions as well as XENTAURIX(R) for media & broadcast streaming
and recording applications. artec customers benefit from a complete service
(project planning, commissioning, service & support) for both standardized
products and special developments. For more information, please visit
www.artec.de

Press and investor relations contact:
artec technologies AG:
Fabian Lorenz
E-mail: Investor.relations@artec.de
Tel.: +49 (0) 5441 5995-16
Fax: +49 (0) 5441-599570

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18.04.2016 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.

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454987 18.04.2016