Sweden, 2014-04-25 13:00 CEST (GLOBE NEWSWIRE) --
ZetaDisplay AB (publ) Annual Report for 2013 has been published and is available on the Group's website.
In the annual report, CEO Leif Liljebrunn states that during the most recent 5-year period ZetaDisplay has more than doubled its turnover.
"We are seeing continued strong growth in the market. Digital communication is now a natural aspect of the new retail concept that the sector is developing for the future. The goal is growth, and during 2013 the company achieved a turnover of MSEK 60.9 (52.8), an increase of 17%," writes Leif Liljebrunn in the CEO’s comments.
"The gross margin was lower than in the previous year , ending up at 52.5% (55.2%). The main reason for this was that the digital systems share was relatively high in the first quarter. During the year we have chosen to invest in new markets in the Baltic and Benelux, and we have also dedicated new sales resources to international clients in Europe. This has loaded the profits by about MSEK 2 and to some extent the margin too, as we have been aggressive in finding key clients in new markets.”
"We have today business in six European countries, and the focus is now on getting the maximum benefit out of this investment. In addition to this we shall also sharpen our focus on profitability and cost controls in the company. “
"This year we have carried out a number of installations that provide continuous income through licensing and services, on average for four years in the future. During the last 12-month period licensing income increased by 50% (44%).”
Finally, Leif Liljebrunn says that thanks to the fact that many clients have not yet made the necessary investments, an interesting and expansive market is opening up for ZetaDisplay. The flow of enquiries coming in from new clients has continued, whilst ZetaDisplay is receiving an increasing number of requests for information from clients who have already begun to invest with other suppliers.
The Annual Report in Swedish is attached to this press release and can also be downloaded at http://www.zetadisplay.com
For more information please contact:
ZetaDisplay AB (publ)
CEO Leif Liljebrunn
Telephone: +46 70 845 80 52
E-mail: leif.liljebrunn@zetadisplay.com
About ZetaDisplay
ZetaDisplay is a leading supplier of Digital Signage to major chains in the retailing and service sectors of the European market. The head office is in Sweden and there are sales offices located in Denmark, Norway, Finland, Estonia and the Netherlands. Since April 2011 the company’s shares have been traded on NASDAQ OMX First North Premier, using the ZETA abbreviation. The Certified Adviser is Erik Penser Bankaktiebolag. More information can be found at http://www.zetadisplay.com
About Digital Signage and multi-channel communication
ZetaDisplay defines Digital Signage as a system for advertising, profiling and retail store communication, which forwards audio, images and film related to retail stores and information in the public environment. A Swedish name for Digital Signage translates as digital retailing communications. Solutions based on digital displays form a large part of the market, but development is proceeding towards the utilisation of more digital channels to communicate customer offers and other information. This is a matter of solutions that are integrated into social media and web sites, and apps for smart mobile phones and tablets which create interaction with customers. Development is also progressing towards integrating solutions with retailers’ cash desks for automatic price updating and the automatic switching of offers on the digital displays.
