DGAP-News
KROMI Logistik AG publishes 3-month report 2014/2015 - Seite 2
This considerable rise in staff costs fed through to a loss at the EBIT
level of EUR 114 thousand (previous year: EUR -96 thousand). When adjusted
for expenses arising from unrealised valuation losses on foreign currency
exchange rate differences, pure operating earnings stood at EUR 11 thousand
(previous year: EUR 63 thousand). At the bottom line, KROMI Logistik
reported a consolidated net loss of EUR -197 thousand (previous year: EUR
-199 thousand).
"We look back with satisfaction on the first three months of our 2014/2015
fiscal year. We held both revenue and EBIT at almost the previous year's
level, and are particularly pleased with the rise in the gross profit
margin to 24 %. This key indicator reflects the intrinsic value and
stability of our business model. We are convinced that we can achieve
gradual revenue growth in combination with rising profitability," comments
Schubert. 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 AG will make its full (IFRS)
report for the first three 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 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'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 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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19.11.2014 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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297898 19.11.2014
report for the first three 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 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'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 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
---------------------------------------------------------------------
19.11.2014 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
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297898 19.11.2014
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