DGAP-News: exceet Group SE: exceet starts 2012 with strong first quarter
(firmenpresse) - DGAP-News: exceet Group SE / Key word(s): Quarter Results/Quarter
Results
exceet Group SE: exceet starts 2012 with strong first quarter
20.04.2012 / 08:00
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Press release
exceet starts 2012 with strong first quarter
- Sales up by more than 29 percent
Luxembourg, 20 April 2012 - exceet Group SE, one of the leading suppliers
of embedded electronics and security solutions, has made a very successful
start to the 2012 financial year. Preliminary figures show consolidated
sales rising in the first quarter of 2012 by 29.3 percent to EUR 46.05
million (Q1 2011: EUR 35.61 million). Organic growth amounted to around 3
percent. The segments medical technology and industrial automation were
once again the main contributors to this positive business development.
'We are very satisfied with the development in the first quarter, which was
in line with our expectations', said Ulrich Reutner, CEO of exceet Group
SE. 'In the first few months of the year we were able to close a
significant number of long-term contracts. One example, among others, was
the expansion of our enduring partnership with Siemens AG where we will be
supplying them with optoelectronic sensors worth more than 40 million Euros
over the next three years.'
The positive situation in terms of orders received and the development in
sales in the first quarter of 2012 reinforces the management in its aim of
increasing sales by at least 20 percent this year and, at the same time,
keeping its EBITDA margin at the previous year's level. The management is
firmly committed to its medium-term goal of raising the EBITDA margin to 18
percent.
The detailed quarterly report is being published on 15 May 2012.
exceet Group SE
exceet is one of the leading suppliers of embedded electronics and security
solutions with production facilities in Switzerland, Austria, the Czech
Republic, Germany and the Netherlands. exceet Group SE (LU0472835155) is
listed in the Prime Standard of the Frankfurt Stock Exchange.
Contact
exceet Group SE
Fabian Rau, Vice President
E-mail: f.rau(at)exceet.ch
Tel: +41(0) 793125998
End of Corporate News
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20.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: exceet Group SE
114, avenue Gaston Diderich
L-1420 Luxemburg
Grand Duchy of Luxembourg
Phone: +352 2600 3181
Fax: +352 2600 3133
E-mail: info(at)exceet.ch
Internet: www.exceet.ch
ISIN: LU0472835155, LU0472839819
WKN: A0YF5P, A1BFHT
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in München
End of News DGAP News-Service
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165763 20.04.2012
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