Press release BoxID: 109267 (CeoTronics AG Audio Video Data Communication)
  • CeoTronics AG Audio Video Data Communication
  • Adam-Opel-Straße 6
  • 63322 Rödermark
  • Contact person
  • Thomas Stamm
  • +49 (6074) 8751-724

Revenue result and order backlog as of May 31, 2007, end of fiscal year 2006/2007

With approx EUR18.0 Mio CeoTronics achieved second highest revenue in the company history // Order backlog approx. EUR8,478 thousand (+ 147% year-on-year)

(PresseBox) (Rödermark, ) CeoTronics 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, 2007 of approx. EUR17,966 thousand. Compared to the revenue record of the year before (EUR18,060 thousand) revenues decreased slightly by approx. 0.5%

The order backlog increased, compared to the record level of the previous year, again by approx. 147% to approx. EUR8,478 thousand.

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

Some project that CeoTronics „counted on“ were not delivered and invoiced before May 31, 2007. Reasons for that were that some orders came in later as expected or not jet occurred. That is why CeoTronics slightly missed the ambitious sales target of approx. EUR18.2 Mio by just approx. 1.3%. Due to the facts stated before the order backlog as of May 31, 2007, even from an already high level, once again increased fairly.

The final detailed consolidated figures will be published as always after audition likely on August 17, 2007.

„This order backlog together with the expected investments in radio equipment from the authorities due to the shift to digital radio systems in Germany are the reasons for our positive perspective for the next business years”, commented Thomas H. Günther, Chairman of the Board of Management.