Trading update 3th quarter 2017

Year-to-date revenues amount to 252.0 MEUR versus 238.9 MEUR in 2016, 5.5% above the comparable number for the same period in 2016.

Revenue during Q3 was 78.5 million euro, 5.3% higher compared to the same period in 2016.

The order backlog at the end of September 2017 was 14.8% higher than at the end of September 2016. Excluding orders that will not be delivered in 2018 and considering the finished goods and work in progress, production backlog is 17.1% higher than as at September 2016.

Based on the above, the JENSEN-GROUP expects 2017 revenue to be higher than last year. The most important risk factors remain rapid changes in demand, availability of financing to our customers, high exchange rate volatility and fluctuating raw material, energy and transport prices.