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A year of high investments

Highlights 2016

 

  • Revenue 2016 amounts to 318.2 million euro, a 11.1% increase compared to last year.
  • Operating profit (EBIT) amounts to 25.1 million euro, which is 1.1% higher than last year.  
  • Cash flow (EBITDA) amounts to 28.5 million euro, a 10.3% decrease compared to last year.
  • Net income attributable to the shareholders amount to 17.1 million euro compared to 17.5 million euro last year (earnings per share of 2.19 euro).
  • Net debt decreased by 3.3 million euro, from a net debt position of 0.1 million euro to 3.2 million euro net cash.
  • The Board proposes to the Annual Shareholders’ meeting to approve a base dividend of 0.25 euro per share plus a supplemental dividend of 0.25 euro per share or in total 0.50 euro per share.
  • On January 29, 2016 JENSEN-GROUP acquired an equity stake of 30% in TOLON GLOBAL MAKINA Sanyi Ve Tikaret Sirketi A.S., Turkey, and agreed to acquire in total an additional 19% of the shares over the coming three years.
  • On April 1, 2016 JENSEN-GROUP opened a Sales and Service Center in Denmark.
  • On July 1, 2016 JENSEN-GROUP took over the activities of its distributor in Norway.
  • In October 2016, the JENSEN-GROUP and ABS Laundry Business Solutions joined forces by forming a new Joint Venture, Gotli Labs AG, to provide solutions for data management in heavy-duty laundries.