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JENSEN-GROUP reports a strong Q3
Trading update 3rd quarter 2012
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Revenues during Q3 stand alone were 54,0 mio euro, 13,1% above the comparable number for the same period of 2011.
Year-to-date revenues amount to 169,7 mio euro versus 164,9 mio euro in 2011; 2,8% above the comparable number for the same period of 2011.
Prior year, the operating result was affected by lower activity level, investments in strategic initiatives like ‘Go East’ and non-recurring costs related to large projects.
As Q3 was an excellent quarter in turnover and in profit, it is expected that based on our current order backlog, the full year will be ahead of last year in turnover and more so in profit.