EANS-Adhoc: Jetter AG reports record sales and earnings increase in fiscal 2011/12

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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.
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15.06.2012

In the fiscal year 2011/12 (31 March), Jetter AG in Ludwigsburg
(ISIN: DE0006264005) has recorded the highest turnover in its
history, at Euro 44 Mio, a 31% increase over the previous year (Euro
33.6 Mio). EBIT at Euro 0.43 Mio was markedly higher than in the
previous year (Euro 0.13 Mio). The net profit was KEUR 151 (previous
year: loss of KEUR 114). Strongly varying quarterly sales, implying
preproduction in the respective preceding quarters, led to extremely
volatile quarterly results. Although the yearly EBIT of KEUR 432
nearly quadrupled over the previous year, it is low with respect to
the record sales. The still very high development costs in the young
mobile automation sector compromised the result. Moreover, part of
the sales increase was borne by lower-margin merchandise, pushing up
the material ratio. These effects should peter out over the next
quarters. Order intake in fiscal 2011/12 was Euro 44 Mio, 19% more
than in the previous year (Euro 37 Mio). Management expects a
stabilisation on a high level, with a decidedly positive result.
Sales volume is expected to surpass Euro 40 Mio, EBIT Euro 1 Mio. For
the years until 2014/15, management expects yearly sales increases of
ca. 10% and a corresponding profit development, driven mainly by the
mobile automation segment. The business report will be published on
28 June 2012 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

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

end of announcement euro adhoc
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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: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated
dealing/prime standard: Frankfurt
language: English