EANS-News: Hoeft & Wessel AG reports further increase in order intake in third
quarter of 2012
Geschrieben am 01-11-2012 |
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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9-month report
Subtitle: Reorientation making progress
Hannover / Germany, 01/11/2012. (euro adhoc) - The positive trend in
terms of orders received by Hoeft & Wessel AG continued in the third
quarter of 2012. A total volume of EUR 61.8 million in new orders was
registered in the first nine months of 2012 (2011: EUR 54.4 million).
As a result, the book-to-bill ratio accounted for by this SME
specialising in ticketing, parking and mobile data capture systems
came to 1.1.
Orders for stationary ticket vending terminals were placed by the
Belgian state- owned railway SNCB, by a Polish partner on behalf of
the Upper Silesian industrial region and by national Danish rail. In
France, Hoeft & Wessel succeeded in gaining access to the market with
an order placed by Aérolis / Les Cars Air France. On the buses of the
Keolis subsidiary, on-board ticket vending terminals are being
installed with ticket printers. Two cities in the U.S. opted for car
park terminals from the British subsidiary Metric. In the retail
sector in Germany, the Rossmann and Rewe chains ordered additional
mobile data capture terminals. The Company managed to sign up
Fressnapf, a specialist pet food chain, as a new customer.
The order portfolio rose substantially in the course of the year
until 30/09/2012, to reach EUR 48.9 million (31/12/2011: EUR 43.9
million).
In the first nine months of 2012, the Hoeft & Wessel Group recorded
EUR 56.7 million in sales, down by 10 per cent year-on-year on
account of the reorientation (2011: EUR 62.8 million).
In the first three quarters of 2012, Hoeft & Wessel supplied
state-of-the-art EMV contactless ticketing systems for buses to the
FirstGroup in the United Kingdom and to the public transport
authority of the city of Durban in South Africa. In Germany, numerous
consignments of mobile data capture devices were delivered to retail
chains.
The operating result (EBIT), at -EUR 7.7 million, turned out clearly
negative in the first nine months of 2012, as expected (2011: -EUR
3.2 million). This includes -EUR 3.0 million in restructuring
expenses.
Link to IR section with financial reports:
http://www.hoeft-wessel.com/investor-relations/finanzberichte/
Media section with photos:
http://www.presseportal.de/pm/12945/hoeft_wessel_ag/
The Company Hoeft & Wessel is the leading IT and
engineering technology Group for ticketing, parking and mobile
solutions in Germany and Great Britain. Established in 1978 by the
two entrepreneurs who gave the company its name, the enterprise has
developed into a group of companies with sales revenues of approx.
EUR 80 million and a workforce of more than 400 employees. Its main
locations are Hannover, Germany, and Swindon, UK, to the west of
London.
Further inquiry note:
Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: PR@hoeft-wessel.com
end of announcement euro adhoc
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company: Höft & Wessel AG
Rotenburger Str. 20
D-30659 Hannover
phone: +49-511-6102-0
FAX: +49-511-6102-411
mail: ir@hoeft-wessel.com
WWW: http://www.hoeft-wessel.com
sector: Technology
ISIN: DE0006011000
indexes: Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English
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