artec technologies AG
artec technologies AG: Profit surge in 2015 and positive outlook
DGAP-News: artec technologies AG / Key word(s): Preliminary Results artec technologies AG: Profit surge in 2015 and positive outlook
According to preliminary figures, sales rose by 42.4% from EUR 2.4 million to EUR 3.5 million in 2015, while total output climbed 38% from EUR 2.89 million to EUR 4.0 million. artec’s profits increased sharply, with earnings before interest and taxes up from EUR 0.11 million to EUR 0.64 million. As a result of the very positive business trend, the equity ratio will exceed 90% as of 31 December 2015. The positive operating performance was supported by all business segments, as artec benefited from high demand in both the video security technology segment and the media and broadcast segment. This should continue in the current financial year. “We operate in markets with excellent growth prospects such as security, IPTV and big data,” says Thomas Hoffmann, CEO of artec technologies AG. “In 2015 we won tenders for reference projects and implemented them successfully. This has also led to new inquiries. We are therefore optimistic that we will be able to increase our sales and earnings continuously in the coming years.” The audited financial statements will be published in April 2016. About artec technologies AG Press and investor relations contact:
2016-03-16 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |