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Activities first quarter at the same level as last year

 

Trading update 1st quarter 2013

 

 

 

 

 

Revenue during Q1 was 58.9 million euro, 0.8% lower as compared to the same period in 2012.

 

The order backlog at the end of March 2013 was 15.9% lower than at the end of March 2012.

 

Based on the above, JENSEN-GROUP expects a first half-year result to be similar to that of last year. As in previous years, the Group does not provide full year guidance. We remain prudent as the economic uncertainty affects the investment climate and consequently our order intake and sales. The most important risk factors remain rapid changes in demand, high exchange rate volatility and fluctuating raw material, energy and transport prices.