DGAP-News

KROMI Logistik AG publishes 6-month report for 2016/2017

DGAP-News: KROMI Logistik AG / Key word(s): Half Year Results KROMI Logistik AG publishes 6-month report for 2016/2017 15.02.2017 / 08:03 The issuer is solely responsible for the content of this announcement. KROMI Logistik AG publishes 6-month report for 2016/2017

- Revenue raised to KEUR 33,981 (previous year: KEUR 32,927)

- Stable revenue development in home market with significant growth abroad

- Very positive development in Brazil: revenue in BRL 60 % up on previous year

- Gross profit margin increased to 25.2 % (previous year: 24.0 %)

- Operating result (EBIT) of KEUR 705 generated

Hamburg, 15 February 2017 - KROMI Logistik AG, supplier of integrated tool logistics solutions for manufacturers, today presented its report for the first six months of the 2016/2017 financial year (1 July to 31 December 2016). The report shows that the company succeeded in increasing its revenues by 3.2% to KEUR 33,981 (previous year: KEUR 32,927). The increase in operating result (EBIT) in the reporting period was disproportionately high.

The first six months of the 2016/2017 financial year saw the profitable path of growth maintained even in the traditionally weaker first half of the financial year, with revenue and earnings enjoying positive development. Domestic revenue stood at KEUR 20,623 which was slightly higher than for the previous year (KEUR 20,619) despite considerable falls in revenue from two customers and the fact that the overall business was affected by several national holidays in October 2016. The operating business outside Germany showed very pleasing growth: foreign markets posted revenue of KEUR 13,358 which exceeded the figure for the previous year (KEUR 12,308) by around 8.5%.