DGAP-News: artec technologies AG continues profitable growth

artec technologies AG  / Key word(s): Half Year Results/Interim Report

31.08.2015 09:30

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
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announcement. 

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artec technologies AG continues profitable growth

+ Sales growth of 36 percent 
+ EBIT margin at 26 percent 
+ Positive outlook

Diepholz/Bremen - 31 August 2015:artec technologies AG (ISIN DE0005209589),
manufacturer of innovative video transmission and recording systems as well
as network video technology, made significant progress in sales and
earnings in the first half of the current financial year.

Thanks to the excellent order situation and the smooth project processing,
revenues increased by 35.7% to EUR 1.91 million in the first half year,
compared to the strong equivalent period last year, while the overall
performance even exceeded the EUR 2 million mark.

Due to the fact that the revenue mix was shifted in favour of high-margin
orders with a lower hardware share at the same time, the operating result
increased disproportionately to sales. The EBIT increased by 287.8 % to EUR
0.49 million, thus the EBIT margin could be increased from 9.0 to 25.7%.
The net income improved by 71% to EUR 0.34 million.

Against the background of the positive development of earnings, equity
increased by almost 30% to EUR 2.91 million, resulting in a current equity
ratio of 85.6%.

Outlook

"With our products 'Made in Germany', we offer our customers high-quality
and trusted technology and lay the foundations for sustainable and
profitable growth of the company in the future", says Thomas Hoffmann, CEO
of artec technologies AG. The excellent business performance in the first
half of the year, the favourable backlog of orders and the large orders to
be expected in the next few weeks encourage the executive board to forecast
a sales growth between 30% to 50% for the current business year 2015.
This confidence is based on promising developments in both business
segments.

Video security technology business Segment:

In the video security technology segment, the artec products and system
solutions are currently requested for multifunctional use in conjunction
with partner solutions in increasingly larger projects. The tasks include,
inter alia, both the security and the protection of buildings and
infrastructures against burglary, theft, vandalism, sabotage and industrial
espionage, the early detection of heat or fire, as well as the
visualization and documentation of events. Thus, the artec systems provide
decision support in dangerous situations and support the procedures.  This
integrated understanding of video security technology increasingly proves
to be an important competitive advantage, especially in conjunction with
the high technological standard and the distinct customer orientation of
the artec products.

Media and broadcast business Segment:

During the last months, the focus was expanded in a promising way also in
the media and broadcast segment. With little effort and based on the
existing technology, artec has developed a product range to address the
rapidly expanding IPTV and video solutions market, which analysts consider
to be worth about USD89.6 billion by 2019.
The products, mainly including encoders based on artec's own H.264 codec,
enable broadcasters, media providers, large companies and institutions to
realize a high-quality solution for TV and video streaming to settop boxes,
mobile devices and smart TV receivers and will initially be presented
during the International Broadcast Conference IBC in Amsterdam in
September. For the worldwide distribution of the new product family, a
London-based team of top-level sales professionals from the broadcasting
and video streaming market is currently established in London.

The half-year report 2015 is now available for download on www.artec.de.

+++++

about artec technologies AG:

artec technologies AG is a family-run enterprise listed on the stock
exchanges, based in Diepholz/Germany, with engineering and sales office in
Bremen/Germany. artec develops and produces innovative software and systems
solutions since 15 years. It's core business is recording and
retrieval/analysis of professional media and their metadata. artec's brands
MULTIEYE(R) for HD Video Surveillance Solutions and XENTAURIX(R) for
Broadcast Logging and Streaming have sold in more than 23.000 systems
worldwide. artec also provides an overall sophisticated full service,
including project management, commissioning, service/support and custom
developments.

 
Press contact:
artec technologies AG
Mühlenstrasse 15-18
D-49356 Diepholz (GERMANY)

Thomas Hoffmann
E-Mail: investor.relations@artec.de
Phone +49 (0) 5441-59950
Fax   +49 (0) 5441-599570  

More information at: http://www.artec.de/en/page/home.html


31.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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