Jetter Take In Massive Orders

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65 % more than the same quarter the year before

Jetter Take In Massive Orders
Jetter Take In Massive Orders

Jetter AG have finished their third fiscal quarter on 31 December 2010. The quarter was marked by weak sales, combined with a very high order intake. Sales of the Jetter group for the first nine months were, at KEUR 23,782, 10.3 % higher than in the previous year. EBIT was KEUR -419 for the quarter and KEUR 441 for the nine months. The significant upswing made itself felt in the order intake of KEUR 10.6 Mio. EUR, 73 % more than the preceding quarter and 65 % more than the same quarter the year before. The orderbook nearly doubled during the quarter, from 3.3 Mio. EUR to 6.4 Mio. EUR. This increase is due to the marked recovery of the machinery industry, as well as to major orders in the field of mobile automation. Management therefore expects a strong fourth quarter with a positive result, as well as a sustainable recovery in the course of the next fiscal year.

Posted on February 17, 2011 - (5710 views)
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