JENSEN-GROUP reports Q3 revenue according to expectation

Year-to-date revenues amount to 171.7 mio euro versus 169,7 mio euro in 2012; 1.2% above the comparable number for the same period of 2012.

Revenues during Q3 stand alone were 48.2 mio euro, 10.8% below the comparable number for the same period of 2012 which was exceptionally high.

The current order backlog at the end of September 2013 is 17% lower as at the end of September 2012. At the end of June 2013, the order backlog was 34% lower compared to the backlog at June 2012. Based on this, management expects the full year revenue to be in line with prior year. As disclosed in March 2013, the EBIT of 2012 included a non-recurring income of 1.9 million euro, mainly resulting from the sale of fixed assets in Switzerland (0.9 million euro) and from the release of provisions.