Jetter AG

  • WKN: 626400
  • ISIN: DE0006264005
  • Land: Deutschland

Nachricht vom 04.02.2014 | 17:34

Jetter AG suffers a quarterly loss and will leave the stock exchange


Jetter AG  / Key word(s): Profit Warning/Delisting

04.02.2014 17:34

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ludwigsburg, 4 February 2014. Jetter AG, Ludwigsburg, (ISIN: DE0006264005) publishes preliminary figures for the fiscal quarter ended 31 December 2013. In the nine months ended 31 December 2013, the Jetter group reached sales of 30.1 Mio. Euro, KEUR 806 less than in the previous year (31.2 Mio. Euro). A product recall in the quarter led to once-off costs of KEUR 482. Two major trade fairs and consultancy costs further burdened the quarter, driving EBIT to KEUR -911 for the quarter and KEUR -708 for the nine months. Deferred taxes led to an expense of KEUR 666. Earnings per share were EUR -0.49 for the quarter and -0.44 for the nine months (previous year: EUR 0.05 and -0.06). These effects will not be set off in the last fiscal quarter until 31 March 2014. Management expects stable sales and a small profit in the fourth quarter. The initial targets for the year, however, will not be attained. The listing of Jetter shares in the regulated market will end on 30 April 2014. Contrary to previous intentions, management has today decided not to apply for listing in the Entry Standard. From May 2014, Jetter shares will no longer be traded in the regulated market on the stock exchange. The complete quarterly report will be published on 14 February 2014 and will be available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com). For additional information, please contact: Jetter AG, Günter Eckert, CFO Tel.: +49 7141-2550-514 Fax.: +49 7141-2550-555 Email: geckert@jetter.de 04.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English Company: Jetter AG Gräterstraße 2 71642 Ludwigsburg Germany Phone: 07141 2550-0 Fax: 07141 2550-425 E-mail: info@jetter.de Internet: www.jetter.de ISIN: DE0006264005 WKN: 626400 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service

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