16.03.2016 / global, Corporate News

+ Sales up 42.4% to EUR 3.5 million

+ EBIT up from EUR 0.1 million to EUR 0.6 million

+ Positive outlook: Continued sales and earnings growth planned

Diepholz/Bremen - 16 March 2016: artec technologies AG (ISIN DE0005209589), a specialist for the storage and evaluation of real-time information from diverse sources from TV to the Internet, reported a strong increase in sales and earnings for the financial year 2015. The company is also optimistic about 2016.

According to preliminary figures, sales rose by 42.4% from EUR 2.4 million to EUR 3.5 million in 2015, while total output climbed 38% from EUR 2.89 million to EUR 4.0 million. artec's profits increased sharply, with earnings before interest and taxes up from EUR 0.11 million to EUR 0.64 million. As a result of the very positive business trend, the equity ratio will exceed 90% as of 31 December 2015.

The positive operating performance was supported by all business segments, as artec benefited from high demand in both the video security technology segment and the media and broadcast segment. This should continue in the current financial year.

'We operate in markets with excellent growth prospects such as security, IPTV and big data,' says Thomas Hoffmann, CEO of artec technologies AG. 'In 2015 we won tenders for reference projects and implemented them successfully. This has also led to new inquiries. We are therefore optimistic that we will be able to increase our sales and earnings continuously in the coming years.'

The audited financial statements will be published in April 2016.

About artec technologies AG
artec technologies AG is a specialist for the storage and evaluation of real-time information generated from TV, radio, internet TV and other sources such as social media (Big Data Analysis). The listed company based in Diepholz, Germany, develops and produces innovative software and system solutions for the transmission, recording and analysis of video, audio and metadata in networks and on the Internet. Since 2000, customers have used the product platforms MULTIEYE for high definition video security solutions as well as XENTAURIX for media & broadcast streaming and recording applications. artec customers benefit from a complete service (project planning, commissioning, service & support) for both standardized products and special developments. For more information, please visit www.artec.de

Press and investor relations contact:
artec technologies AGFabian Lorenz
E-mail: investor.relations@artec.deTel.: +49 (0) 5441 5995-16
Fax: +49 (0) 5441-599570

artec technologies AG issued this content on 16 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 March 2016 07:32:33 UTC

Original Document: http://www.artec.de/en/aktuelles/news/news-single-view.html?tx_ttnews[tt_news]=403&cHash=f7cdfd3458f8ea64745ccd5a49e358c2