High activity level and profitability first half year – expected lower second half
Revenue of the first half-year of 2013 amounts to 123.5 million euro, a 6.91% increase compared to last year.
Operating profit (EBIT) for the first six months amounts to 10.5 million euro, which is 21.08 % higher than last year.
Cash flow (EBITDA) for the first half year amounts to 13.8 million euro, a 47.39% increase compared to last year.
Net profit amounts to 7.0 million euro (Earnings per Share of 0.87 euro), an increase of 42.53 % compared to last year.
Net financial debt amounts to 11.9 million euro and increased by 1.0 million euro compared to December 2012.
JENSEN-GROUP continues to expand its worldwide distribution network: On June 11, 2013 JENSEN Brasil was created. On July 3, 2013 JENSEN Japan Co. has been incorporated. On August 16, 2013 JENSEN-GROUP took over its Austrian distributor ÖWM. This transaction will not have a material impact on the financial statements of JENSEN-GROUP as most of the activities are already reflected in the consolidated Group results as distributors’ sales.
