PresseBox
Press release BoxID: 267427 (CeoTronics AG Audio Video Data Communication)
  • CeoTronics AG Audio Video Data Communication
  • Adam-Opel-Straße 6
  • 63322 Rödermark
  • http://www.ceotronics.com
  • Contact person
  • +49 (6074) 8751-722

CeoTronics achieves a revenue of approx EUR18.810 Mio // Order backlog approx. EUR2,233 thousand

Revenue result and order backlog as of May 31, 2009, end of fiscal year 2008/2009

(PresseBox) (Rödermark, ) AG Audio Video Data Communication (ISIN: DE0005407407), Adam-Opel- Straße 6, 63322 Rödermark, Germany, listed on the PRIME Standard and the "Technology All Share" index, achieved consolidated revenues in accordance with IFRS as of May 31, 2009 of approx. EUR18,810 thousand. With that the revenue prognosis has been surpassed The high order backlog decreased by 63.7% compared to the extremely high order backlog e.g. due to the now completely delivered and invoiced lots of CT-DECT JetCom Systems to the German armed forces.

An additional reason for the decline in order backlog is the biggest crisis in the world economy in the last decades and also the delays in the switch to digital radio by security authorities and organizations in Germany and Northern Europe.

Especially the evident negative development of order backlog in Q4 (March to May) in the fiscal year 2008/2009 (-17.3%) will presumably affect the first quarter (June to August 09) of the fiscal year 2009/2010 negatively.

Issuer's information and explanatory remarks on this ad hoc disclosure:

"The final detailed consolidated figures will be published as always after audition likely on August 14, 2009", commented Thomas H. Günther, Chairman of the Board of Management.