16.03.2016 18:15:06
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DGAP-News: artec technologies AG
DGAP-News: artec technologies AG: Profit surge in 2015 and positive outlook
Diepholz/Bremen - 16 March 2016: artec technologies AG (ISIN DE0005209589), a specialist for the storage and evaluation of real-time information from diverse sources from TV to the Internet, reported a strong increase in sales and earnings for the financial year 2015. The company is also optimistic about 2016.
According to preliminary figures, sales rose by 42.4% from EUR 2.4 million to EUR 3.5 million in 2015, while total output climbed 38% from EUR 2.89 million to EUR 4.0 million. artec's profits increased sharply, with earnings before interest and taxes up from EUR 0.11 million to EUR 0.64 million. As a result of the very positive business trend, the equity ratio will exceed 90% as of 31 December 2015.
The positive operating performance was supported by all business segments, as artec benefited from high demand in both the video security technology segment and the media and broadcast segment. This should continue in the current financial year.
"We operate in markets with excellent growth prospects such as security, IPTV and big data," says Thomas Hoffmann, CEO of artec technologies AG. "In 2015 we won tenders for reference projects and implemented them successfully. This has also led to new inquiries. We are therefore optimistic that we will be able to increase our sales and earnings continuously in the coming years."
The audited financial statements will be published in April 2016.
About artec technologies AG artec technologies AG is a specialist for the storage and evaluation of real-time information generated from TV, radio, internet TV and other sources such as social media (Big Data Analysis). The listed company based in Diepholz, Germany, develops and produces innovative software and system solutions for the transmission, recording and analysis of video, audio and metadata in networks and on the Internet. Since 2000, customers have used the product platforms MULTIEYE(R) for high definition video security solutions as well as XENTAURIX(R) for media & broadcast streaming and recording applications. artec customers benefit from a complete service (project planning, commissioning, service & support) for both standardized products and special developments. For more information, please visit www.artec.de
Press and investor relations contact: artec technologies AG: Fabian Lorenz E-mail: Investor.relations@artec.de Tel.: +49 (0) 5441 5995-16 Fax: +49 (0) 5441-599570
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16.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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446045 16.03.2016
DGAP-News: artec technologies AG / Key word(s): Preliminary Results
artec technologies AG: Profit surge in 2015 and positive outlook
16.03.2016 / 18:15
The issuer is solely responsible for the content of this announcement.
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artec technologies AG: Profit surge in 2015 and positive outlook
+ Sales up 42.4% to EUR 3.5 million
+ EBIT up from EUR 0.1 million to EUR 0.6 million
+ Positive outlook: Continued sales and earnings growth planned
Diepholz/Bremen - 16 March 2016: artec technologies AG (ISIN DE0005209589), a specialist for the storage and evaluation of real-time information from diverse sources from TV to the Internet, reported a strong increase in sales and earnings for the financial year 2015. The company is also optimistic about 2016.
According to preliminary figures, sales rose by 42.4% from EUR 2.4 million to EUR 3.5 million in 2015, while total output climbed 38% from EUR 2.89 million to EUR 4.0 million. artec's profits increased sharply, with earnings before interest and taxes up from EUR 0.11 million to EUR 0.64 million. As a result of the very positive business trend, the equity ratio will exceed 90% as of 31 December 2015.
The positive operating performance was supported by all business segments, as artec benefited from high demand in both the video security technology segment and the media and broadcast segment. This should continue in the current financial year.
"We operate in markets with excellent growth prospects such as security, IPTV and big data," says Thomas Hoffmann, CEO of artec technologies AG. "In 2015 we won tenders for reference projects and implemented them successfully. This has also led to new inquiries. We are therefore optimistic that we will be able to increase our sales and earnings continuously in the coming years."
The audited financial statements will be published in April 2016.
About artec technologies AG artec technologies AG is a specialist for the storage and evaluation of real-time information generated from TV, radio, internet TV and other sources such as social media (Big Data Analysis). The listed company based in Diepholz, Germany, develops and produces innovative software and system solutions for the transmission, recording and analysis of video, audio and metadata in networks and on the Internet. Since 2000, customers have used the product platforms MULTIEYE(R) for high definition video security solutions as well as XENTAURIX(R) for media & broadcast streaming and recording applications. artec customers benefit from a complete service (project planning, commissioning, service & support) for both standardized products and special developments. For more information, please visit www.artec.de
Press and investor relations contact: artec technologies AG: Fabian Lorenz E-mail: Investor.relations@artec.de Tel.: +49 (0) 5441 5995-16 Fax: +49 (0) 5441-599570
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16.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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446045 16.03.2016
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