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    DGAP-News  496  0 Kommentare KROMI Logistik AG publishes 9 month report for 2016/2017





    DGAP-News: KROMI Logistik AG / Key word(s): 9-month figures


    KROMI Logistik AG publishes 9 month report for 2016/2017


    11.05.2017 / 07:45



    The issuer is solely responsible for the content of this announcement.



    KROMI Logistik AG publishes 9 month report for 2016/2017



    - Sales increase to KEUR 54,269 outperforming the market (previous year: KEUR 51,045)



    - Brazilian operation remains sales driver with sales in BRL 60 % above previous year



    - Gross profit margin increased to 24.8 % (previous year: 24.1 %)



    - Significantly improved operating earnings (EBIT) of KEUR 1,659 (previous year: KEUR 409)



    Hamburg, 11 May 2017 - KROMI Logistik AG, supplier of integrated tool logistics solutions for manufacturing companies, has succeeded in significantly increasing sales revenues by 6.3 % in the first nine months of the financial year 2016/2017. Revenues of KEUR 54,269 were generated between 1 July 2016 and 31 March 2017 (previous year: KEUR 51,045). This means that KROMI Logistik grew faster than the market and significantly boosted operating earnings (EBIT) to KEUR 1,659 (previous year: KEUR 409), also due to calculated foreign exchange effects.



    In the first nine months of the financial year 2016/2017, KROMI Logistik's growth path was maintained with sales and earnings showing positive developments. In line with strategic objectives, the company succeeded in further expanding its customer base and maintaining the good growth of its business in Germany and abroad. For example, domestic sales grew by 5.0 % to KEUR 33,051 (previous year: KEUR 31,488), and outside of Germany they improved by 8.5 % to KEUR 21,219 (previous year: KEUR 19,558).



    "With positive sales developments in and outside Germany, we are holding our course for further profitable growth. Within Germany, we were able to increase sales primarily by winning new customers. In other European countries, the turnaround was maintained, not least in Spain, and this was reflected in the continued positive development of our business. We also want to benefit from this development in the future. Outside Europe, our business in Brazil has shown extraordinarily positive growth. Thanks to excellent performance in winning new customers, we achieved sales growth there of 60 % in the local currency of Brazilian Real - in spite of an economic climate that remains challenging", explains Jörg Schubert, Chairman of KROMI Logistik.

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    DGAP-News KROMI Logistik AG publishes 9 month report for 2016/2017 DGAP-News: KROMI Logistik AG / Key word(s): 9-month figures KROMI Logistik AG publishes 9 month report for 2016/2017 11.05.2017 / 07:45 The issuer is solely responsible for the content of this announcement. KROMI Logistik AG publishes 9 month …