• Group sales € 21.1 million (+95%)
• Consolidated net income after taxes € 0.8 million (€k+1,539)
• Order backlog € 70.5 million (+363%)
• Sales and profit target for the current financial year 2024/2025 significantly raised

CEOTRONICS AG has achieved a new half-year revenue record of €21,153 thousand in the reporting period from June 1 to November 30, 2024. Revenue growth amounts to 95.3%.

In line with the very positive revenue development and despite higher costs in some cases, all key earnings figures improved significantly in the first half of the 2024/2025 financial year compared to the same period of the previous year. Consolidated EBIT increased from € -690 thousand to € 1,500 thousand, consolidated earnings before taxes rose from € -839 thousand in the previous year to € 1,116 thousand and consolidated earnings after taxes amounted to € 798 thousand, also as of November 30, 2024 (previous year € -741 thousand).

The group order backlog as of November 30, 2024 increased by 362.5% year-on-year to €70,542k. Incoming orders in the half-year reporting period improved by 12.2% to €20,759k.

The gross cash flow in the first half of the 2024/2025 financial year amounted to €1,294k (previous year: €-897k).

The group‘s equity increased by 21.8% from €19,895 thousand as of May 31, 2024 to €24,226 thousand. The equity ratio as of November 30, 2024 increased by 1.6 percentage points from 45.4% (as of May 31, 2024) to 47. 0%. As a result of the second capital increase since the IPO in 1998, the subscribed capital and the capital reserve were increased by a total of €4,687k in June 2024. The dividend payment for the 2023/2024 financial year at the beginning of November 2024 reduced equity and available liquidity by €1,089k.

As of November 30, 2024, the number of employees in the group was 138, 3 more than in the previous year. Based on full-time equivalents (FTE), the figure was 129 (previous year: 127).

“As early as the beginning of September 2024, CEOTRONICS had set itself the target of achieving consolidated sales of around €46 million (+55%) and a consolidated net profit after taxes of around €3.5 million (+180%) for the 2024/2025 financial year. From today‘s perspective, as of May 31, 2025, consolidated sales of over €50 million and a consolidated net profit of approx. €4 million should be achieved. This means that, compared to the previous year, sales would increase by at least 69% and earnings by approx. 220%. In addition, we will in all likelihood take a very high order backlog into the following fiscal year 2025/2026, which underpins our positive outlook for the future of CEOTRONICS AG,” announced Thomas H. Günther, Chairman of the Executive Board and CEO.

CEOTRONICS AG (ISIN: DE0005407407), Adam-Opel-Straße 6, 63322 Rödermark, Germany, is listed on the Basic Board and is admitted to Xetra trading.

Further information:

CEOTRONICS AG
Investor Relations, Adam-Opel-Straße 6, 63322 Rödermark, Germany
E-mail: vorstand@ceotronics.com, Internet: www.ceotronics.com