DGAP-News

euromicron AG: euromicron AG continues upward trend in the second quarter of 2017

DGAP-News: euromicron AG / Key word(s): Half Year Results euromicron AG: euromicron AG continues upward trend in the second quarter of 2017 10.08.2017 / 07:00 The issuer is solely responsible for the content of this announcement.

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• Consolidated sales increase by around 10% to EUR153.6 million
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• Positive operating EBITDA of EUR0.6 million
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• New orders EUR18.0 million up on the previous year
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• Working capital ratio reduced sharply by 7.6 percentage points to 14.7%
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• Guidance for the whole of 2017 confirmed
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Frankfurt/Main, August 10, 2017 - euromicron AG, a medium-sized technology group and specialist for the Internet of Things (IoT), is today publishing its report on the first half of 2017.


Sales in the first half of 2017 were EUR153.6 million, a year-on-year increase of around 10% (previous year: EUR139.8 million). Operating EBITDA was also positive at EUR0.6 million, an improvement of EUR2.3 million over the first half of 2016 (EUR -1.7 million). The consolidated net loss for the period at June 30, 2017, was EUR -5.4 million and so was reduced by EUR3.6 million compared to the figure at June 30, 2016 (EUR -9.0 million).


Bettina Meyer, Spokeswoman of the Executive Board, comments: "The measures initiated to restructure the euromicron Group also had positive effects in the second quarter. In particular, we succeeded in optimizing processes at the group further and leveraging efficiencies. We were thus able to improve all the key figures compared to the first half of 2016."


Jürgen Hansjosten from euromicron AG's Executive Board adds: "The current market environment offers attractive growth opportunities for the euromicron Group. That's also reflected in our pleasing trend for new orders: They were grown by EUR18.0 million in the first half of 2017 and also increasingly include new orders from digitization projects. Order books at June 30, 2017, were EUR134.4 million, EUR17.0 million up on the previous year's figure. We also aim to benefit from the dynamic development of the IoT market moving ahead."