Emitents | SAF Tehnika, AS (48510000F6NVA4T63P67) |
Veids | Finanšu pārskati |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2015-05-13 09:15:50 |
Versijas komentārs | |
Teksts |
SAF Tehnika’s non-audited consolidated net sales for the third
quarter of financial year 2014/15 were 2.75 million EUR, increasing
by 19% or 0.4 million EUR compared to the third quarter of the
previous financial year, but being by 25% less than sales in the
previous quarter – Q2 of FY 2014/2015. The SAF Tehnika group ended
the third quarter of 2014/15 financial year with profit 743
thousand EUR. The net result of the Group for the 9 months of
2014/15 financial year was profit 932 thousand EUR which is good
result comparing with 580 thousand consolidated loss the Group
ended 9 months period of previous financial year 2013/2014.
The SAF Tehnika group’s non-audited consolidated net sales for the
third quarter of financial year 2014/15 were 2.75 million EUR,
increasing by 19% or 0.4 million EUR compared to the third quarter
of the previous financial year and being by 25% less than sales in
the previous quarter – Q2 of FY 2014/2015.
Sales in the North and Latin America formed the biggest part of
total sales (52%) in the reporting quarter being by 49% or 0.46
million EUR more than in the same quarter of the last financial
year. Sales in Europe and CIS region represented 33% of the
3rd quarter’s turnover. Sales there declined by 6%
compared with the same quarter of the last financial and were by
45% or 0.77 million EUR less than in Q2 of the current financial
year. The reason for decrease – were no similar scale orders for
Europe customers as were in the Q2 FY 2014/15. Sales in Asia
Pacific, Africa and Middle East was 15% of quarterly sales and was
by 9% more than in the 3rd quarter of the previous
financial year and slightly more than in the Q2 of current
financial year.
SAF Tehnika’s 2014/15 financial year’s 9 month unaudited
consolidated net turnover was 9.6 million EUR, which represented
12% increase comparing with the revenues generated in the
respective period of the previous financial
year.
The consolidated non-audited net result of the Group for the third
quarter of 2014/15 financial year was profit 743 thousand EUR.
The consolidated non-audited net result of the Group for the 9
months of 2014/15 financial year was profit 932 thousand EUR which
is good result comparing with 580 thousand consolidated loss the
Group ended 9 months period of previous financial year
2013/2014.
The Group’s net cash flow for the 9 month period of the financial
year was positive – 1.74 million EUR
SAF Tehnika will keep its previously announced main focus on
developing excellent quality microwave data transmission equipment
with competitive price and functionality balance, will continue
looking for new niches to explore its microwave competence. Sales
resources will be targeted to regions with highest potential. The
Group is financially stable. The goal is to regain sales levels
which ensures positive net result in a long-term. Due to intense
competitive pressure the Board of the SAF Tehnika cannot provide
certain prognosis for sales figures and operational results.
About „SAF Tehnika” JSC
„SAF Tehnika” JSC is an ISO certified wireless data transmission
equipment manufacturer. The company's products are produced in
Latvia, Europe and sold in over 130 countries worldwide. „SAF
Tehnika” has been listed on NASDAQ OMX Riga since 2004. SAF Tehnika
wholly owns subsidiaries “SAF North America” LLC and “SAF
Services” LLC. Both of the mentioned companies are operating from
Denver, CO, USA serving North American
market.
Additional information:
Aira Loite
COO, Member of the Board
+371 67 046 833
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