JENSEN-GROUP maintains high activity level during Q3

Year-to-date revenues amount to 218.2 MEUR versus 184.2 MEUR in 2014; 18.5% above the comparable number for the same period of 2014. Of this revenue increase, 14 MEUR is attributable to the weaker euro.

Although we started Q3 with a lower production backlog, revenues during Q3 stand alone were 67.6 MEUR or 7.3% above the comparable number for the same period of 2014.

The current order backlog at the end of September 2015 is 7.6% higher as at the end of September 2014. Considering the finished goods and work in progress, the production backlog is at the same level of last year. Based on this, management expects the full year revenue to be significantly above prior year.