DGAP-News: exceet Group SE / Key word(s): Development of
Sales/Preliminary Results
exceet Group SE: exceet heads into second half with solid turnover
growth rate
22.10.2012 / 20:49
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exceet heads into second half with solid turnover growth rate
- Third quarter turnover reaches EUR47.7 million; turnover for first nine
months increases to EUR138.2 million
- Management continues to be optimistic based on current order backlog
- No further acquisitions planned in 2012
Luxembourg, 22 October 2012 - exceet Group SE reported preliminary turnover
of EUR47.7 million in the third quarter of 2012, an increase of 7% over the
second quarter (EUR44.6 million), as the expected recovery kicked in at the
beginning of the second half following the postponement of orders by
clients noted in the spring. Preliminary turnover for the first nine months
totalled EUR138.2 million, a 7.2% increase over the prior-year figure of
EUR128.9 million.
For the year to date, total new orders amounted to EUR156.8 million,
bringing the book-to-bill ratio for the first nine months to 1.13. The
order backlog also points to a positive turnover trend for the final
quarter of 2012, during which, based on currently available information,
turnover is expected to be higher than during the period under review.
However, because of the increasing economic uncertainty, which has resulted
in tougher market conditions, the exceet Group has decided not to make any
further acquisitions during the current financial year and instead to focus
on optimising its existing business.
The detailed 9-month report will be published on 20 November 2012.
exceet Group SE
The exceet Group is an international technology group specialising in
intelligent electronics and security technology. Its product line ranges
from Smart Cards through complex electronic modules to complete security
solutions.
More information:
Frank Träger
Vice President Investor Relations
Email: f.traeger@exceet.ch
Phone: +41 41 499 9324
ISIN LU0472835155 (Shares), Regulated Market, Prime Standard, Frankfurt am
Main
ISIN LU0472839819 (Option certificates), Regulated Market, General
Standard, Frankfurt am Main
End of Corporate News
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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@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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189682 22.10.2012
DGAP-News: exceet Group SE: exceet heads into second half with solid turnover growth rate
| Source: EQS Group AG