Analysis
Jetter AG reports record sales
In the fiscal year 2011/12 (31 March), Jetter AG has recorded the highest turnover in its history, at Euro 44 Mio, a 31 % increase over the previous year (Euro 33.6 Mio). Strongly varying quarterly sales, implying preproduction in the respective preceding quarters, led to extremely volatile quarterly results.
AlthManagement 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.