Jetter AG
Jetter AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Ludwigsburg, 18 June 2001 – Jetter AG (Neuer Markt: JTT) has increased
consolidated sales for the fiscal year 2000/2001 (31 March) by 52.1%, from 30.6
Mio DM in the previous year to 46.5 Mio. DM. Jetter AG has thus exceeded the
forecast, which had already been risen in December 2000 to 43.0 Mio. DM. At the
same time, a positive EBIT of 0.7 Mio. DM was earned (previous year: loss of 1.3
Mio. DM). This is markedly better than the loss of 3 Mio. DM that was
prognosticated in December. Consolidated after tax profit was 32 KDM, or 0.01
DM/Share (previous year: loss of 0.66 DM/Share). This result reflects the
corporate strategy of combining a fast growth with a marked improvement in
profitability.
The JetWeb products, which have been available since the Hannover Fair 2001, are
meanwhile being implemented in various prototype machines. A significant sales
increase for JetWeb can be expected as soon as implementation will be completed
and customers will begin marketing these machines.
The sales increase in the past fiscal year, which was markedly above forecast,
was due, among others, to the rapidly growing semiconductor industry, which
accounts for about 40% of Jetter’s sales. Based on the actual drastic economic
low of that industry, Jetter expects a more modest first semester. Generally, an
upturn for the industry is expected for the fall. Jetter AG consequentially
expects markedly rising sales beginning in the third fiscal quarter.
The management board will present detailed information on the financial
statements on 26 June 2001 during the financials press conference in Stuttgart.
For additional information, please contact:
Jetter AG, Andreas Gatter, CFO
Tel.: +49 7141-2550-465 Fax: +49 7141-2550-555
E-Mail: agatter@jetter.de
end of ad hoc announcement (c) DGAP 18.06.2001
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WKN: 626400; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
180731 Jun 01
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