CEOTRONICS AG is raising its group revenue forecast for the 2024/2025 financial year (ending May 31) by approx. 10% (= approx. €5 million) to a new figure of approx. €55 million. Compared to the previous year (2023/2024), this would result in a revenue increase of approx. 86%.

The share of sales of CEOTRONICS Inc. (USA) is very low (e.g. in fiscal year 2023/24 only approx. €343 thousand). The purchasing volume of CEOTRONICS Inc. from CEOTRONICS AG is logically significantly lower – accordingly, the basis for calculating the customs tariff is relatively small.

“From today‘s perspective, it can be assumed that the expected earnings figures for the 2024/2025 financial year will also improve – the target for consolidated earnings after taxes of around €4 million will be exceeded by a significant amount – we expect an increase of at least 220% compared to the previous year,” 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 of the Frankfurt Stock Exchange.

Further information:

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