Jetter leaves losses behind

Jetter AG, Ludwigsburg, has reached consolidated sales of 33.6 Mio. Euro in the fiscal year 2010/11 (previous year: 28.6 Mio. Euro) and an EBIT, burdened by special effects, of 0.12 Mio. Euro (previous year: -1.85 Mio. Euro) and has thus returned to the profit zone. The lastquarter has contributed sales of 9.8 Mio.Euro and a current result of 450 KEUR.

Order intake and order book have recovered well and are approaching precrisis levels. Order intake in 2010/11 was 37 Mio. Euro (previous year: 26 Mio. Euro. Order book at 31 March was 6.4 Mio. Euro(previous year: 3.4 Mio.Euro).
Management therefore considers the perspectives for business in 2011/12 and 2012/13 positive. They expect a sales increase of 10-20% for the current fiscal year 2011/12, as well as for the following years up to 2013/14, which will mainly be driven by the mobile automation sector. The result for the currentyear will definitely be positive.
The business report has been published on 22 June 2011.

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