Revenue 2016 amounts to 318.2 million euro, a 11.1% increase compared to last year.
Operating profit (EBIT) amounts to 25.1 million euro, which is 1.1% higher than last year.
Cash flow (EBITDA) amounts to 28.5 million euro, a 10.3% decrease compared to last year.
Net income attributable to the shareholders amount to 17.1 million euro compared to 17.5 million euro last year (earnings per share of 2.19 euro).
Net debt decreased by 3.3 million euro, from a net debt position of 0.1 million euro to 3.2 million euro net cash.
The Board proposes to the Annual Shareholders’ meeting to approve a base dividend of 0.25 euro per share plus a supplemental dividend of 0.25 euro per share or in total 0.50 euro per share.
On January 29, 2016 JENSEN-GROUP acquired an equity stake of 30% in TOLON GLOBAL MAKINA Sanyi Ve Tikaret Sirketi A.S., Turkey, and agreed to acquire in total an additional 19% of the shares over the coming three years.
On April 1, 2016 JENSEN-GROUP opened a Sales and Service Center in Denmark.
On July 1, 2016 JENSEN-GROUP took over the activities of its distributor in Norway.
In October 2016, the JENSEN-GROUP and ABS Laundry Business Solutions joined forces by forming a new Joint Venture, Gotli Labs AG, to provide solutions for data management in heavy-duty laundries.