DGAP-News: artec technologies AG with noticeable higher results

artec technologies AG  / Key word(s): Final Results/Miscellaneous

18.05.2015 10:00

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this
announcement. 

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artec technologies AG with noticeable higher results 

Diepholz/Bremen Germany - 18th May 2015 artec technologies AG
(ISIN:DE0005209589),a custom software systems provider of Audio/Video
Recording & Analysis solutions, has improved their turnover by about 33% in
its last financial year, rising to 2.44 Million Euros. The company's
overall performance improved by 25%, rising to 2.89 Million Euros. This is
clearly above the tentative figures published in March'15 (then announcing
a rise in turnover by only 30%).

The result has similarly improved. Due to a continuing cost consciousness
and the rise in turnover, the result before taxes (EBIT) improved from
-0.42 to +0.11 Million Euros at a margin from turnover of 4.4%. Earnings
after taxes (EAT) improved to 0.52 Million Euros (0.24 Euros per share)
supported by a positive taxation impact.

This very delightful result plus the ongoing strong order intake are
artec's capitalization of high investments in development and improvement
of their products. Being positioned uniquely in its segment, artec faces a
rising demand of their systems and achieved to access new regions and
application markets. artec's board predicts a continuing positive trend and
confirms the already expressed expectation to achieve a rise in turnover in
2015. Earnings will also rise significantly.

Further information available at www.artec.de.

About artec technologies AG:
artec technologies AG is a family-run enterprise listed on the stock
exchanges, based in Diepholz/Germany, with engineering and sales office in
Bremen/Germany. artec develops and produces innovative software and systems
solutions since around 15 years. It's core business is recording and
analysis/retrieval of professional media and their metadata. artec's brands
MULTIEYE(R)  for HD Video Surveillance Solutions and XENTAURIX(R) for
Broadcast Logging and Streaming have sold in more than 20.000 systems
worldwide. artec also provides an overall sophisticated full service,
including project management, commissioning, service/support and custom
developments.

Press contact:
artec technologies AG
Mühlenstrasse 15-18
D-49356 Diepholz (GERMANY)

Thomas Hoffmann
E-Mail: presse@artec.de
Phone +49 (0) 5441-59950
Fax   +49 (0) 5441-599570

 


18.05.2015 The DGAP Distribution Services include Regulatory Announcements,
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