STEMMER IMAGING AG generates first-half EBITDA of EUR 4.6 million, 36.2 percent higher than the first half of last year, and announces full-year forecast
STEMMER IMAGING AG generates first-half EBITDA of EUR 4.6 million, 36.2 percent higher than the first half of last year, and announces full-year forecast Puchheim, 09 April 2018 - In the first half of the fiscal year 2017/2018 (fiscal year: July 1 - June 30) and based on preliminary figures, STEMMER IMAGING AG generated an EBITDA of EUR 4.55 million, thus 36.2 percent higher than the corresponding year-ago figure of EUR 3.34 million. At EUR 47.4 million, the consolidated revenues for the same period were 12.6 percent higher than the year-ago figure (H1 2016/2017: EUR 42.1 million). The continued strongly growing machine vision market environment was a major contributing factor to this increase.
In view of the higher-than-expected operating results in the first half and the fact that the revenues and results of the acquired Data Vision (Netherlands) will be fully consolidated with effect as of 31 January 2018, STEMMER IMAGING AG anticipates that the EBITDA for the full year 2017/2018 will be significantly higher than previously expected. Assuming that the positive market trends and the good order situation continue in the second half, the Management Board considers it possible to generate revenues in a range of EUR 97 to EUR 100 million with a double-digit EBITDA margin.
The complete interim report of STEMMER IMAGING AG as of 31 December 2017 is intended to be published on 24 April 2018.
About STEMMER IMAGING STEMMER IMAGING is one of Europe's leading machine vision technology providers for science and industry. With a perfect combination of innovative products, expert advice and comprehensive service, STEMMER IMAGING helps clients solve their machine vision tasks securely with speed and ease. Experienced specialists can be contacted easily and are available to provide advice locally in 19 European countries. Clients of STEMMER IMAGING benefit from the combination of an exceptionally wide variety of products from the world's leading manufacturers (e.g. cameras, lenses, illumination products, machine vision systems, software). Expert know-how gathered over many years help customers define the optimum, most cost-effective combination of components. The company attaches particular importance to the provision of solution-oriented services, including feasibility studies, development services, training and customer-focused support.Contact: STEMMER IMAGING AG Astrid Sommerkamp Marcom & Events Group Manager Phone: +49 (0)89 80902-221 Email: email@example.com
09.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: STEMMER IMAGING AG Gutenbergstr. 9-13 82178 Puchheim
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