EANS-Adhoc: Jetter AG / Jetter leaves losses behind, starts new year with substantial orders

ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.


Jetter AG, Ludwigsburg, (ISIN: DE0006264005) has reached consolidated sales of 33.6 Mio. Euro in the fiscal year 2010/11 (previous year: 28.6 Mio. Euro) and an EBIT, burdened by special effects, of 0.12 Mio. Euro (previous year: -1.85 Mio. Euro) and has thus returned to the profit zone.

The last quarter has contributed sales of 9.8 Mio. Euro and a current result of 450 KEUR, which, however, was burdened by accruals and consolidation effects of 700 KEUR and thus turned negative. Accruals concern mainly starting difficulties in the mobile sector.

Order intake and order book have recovered well and are approaching pre-crisis levels. Order intake in 2010/11 was 37 Mio. Euro (previous year: 26 Mio. Euro. Order book at 31 March was 6.4 Mio. Euro (previous year: 3.4 Mio. Euro).

Management therefore considers the perspectives for business in 2011/12 and 2012/13 positive. They expect a sales increase of 10-20% for the current fiscal year 2011/12, as well as for the following years up to 2013/14, which will mainly be driven by the mobile automation sector. The result for the current yeat will definitely be positive, but will not attain the EBIT margin of 7-10% aimed for in the following years.
The business report will be publiched on 22 June 2011 and will then be available on the websites of Jetter and Deutsche Börse.

For additional information, please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514
Fax.: +49 7141-2550-555
Email: geckert@jetter.de

end of announcement euro adhoc

issuer: Jetter AG
Gräterstraße 2
D-71642 Ludwigsburg
phone: +49(0)7141 2550 0
FAX: +49(0)7141 2550 555
mail: info@jetter.de
WWW: http://www.jetter.de
sector: Semiconductors & active components
ISIN: DE0006264005
indexes: CDAX, Prime All Share, Technology All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf
language: English

Rückfragen & Kontakt:

Günter Eckert
Telefon: +49-7141-2550-514
E-Mail: geckert@jetter.de