15.05.2015 / global
artec technologies AG with noticeable higher resultsDiepholz/Bremen Germany - 18th May 2015 artec technologies AG (WKN 520958), 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.
The annual report 2014 is 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® for HD Video Surveillance Solutions and XENTAURIX® 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
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