Emitents | SAF Tehnika, AS (48510000F6NVA4T63P67) |
Veids | Finanšu pārskati |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2015-11-04 16:21:18 |
Versijas komentārs | |
Teksts |
For Q1 of the FY 2015/2016, the Group’s unaudited consolidated net
turnover was 3.54 million euros, which is by 11% or 0.34 million
euros more than in Q1 of the FY 2014/2015 and by 9% more than in
previous quarter - Q4 of the FY 2014/2015. The Group closed Q1 with
the profit of 292 thousand euros (unaudited), which is by 7
thousand euros more comparing to profit generated in Q1 of the
previous financial year, when the profit was largely made by income
from currency fluctuations.
For Q1 of the FY 2015/2016, the Group’s unaudited consolidated net
turnover was 3.54 million euros, which is by 11% or 0.34 million
euros more than in Q1 of the FY 2014/2015 and by 9% more than in
previous quarter - Q4 of the FY 2014/2015.
This year revenues of Q1, as compared to Q1 of the previous FY,
rose by 37% in the European and CIS region, and more than twice in
the AMEA (Asia, Middle East, Africa) region. The successful
performance is based on the development of various unique
customer-tailored solutions and products in the area of data
transmission for long-term cooperation partners. Although revenues
from North/Latin Americas were by 23% and 0.43 million euros less
than the turnover in the same quarter last year, on the whole the
revenue amount was equal to that of the rest 3 quarters of the
previous FY. The
Group’s products were sold in 47 countries during the reporting
quarter. The
Group closed Q1 of the FY 2015/2016 with the profit of 292 thousand
euros (unaudited), which is by 7 thousand euros more comparing to
profit generated in Q1 of the previous financial year. It should be
noted that the profit of Q1 of the previous financial year was
largely made by income from currency
fluctuations. The
Group had a positive net cash flow during 3 months of the present
FY, equaling to 385 thousand euros. As of the end of the period,
the Group’s net cash balance was 4.7 million
euros.
SAF Tehnika is the company with the long-term competence in
development and production of microwave radios. SAF Tehnika will
proceed with its work on new high-quality products for the
microwave data transmission market, providing not only standardized
solutions, but also product modifications in order to meet
customers’ special needs. The Group is financially stable. The goal
of the Company is to stabilize sales levels to ensure a positive
net result in the long term. Although the result of the reporting
period is positive, the Board of SAF Tehnika cannot provide certain
prognosis for sales figures and operational
results.
About SAF Tehnika.
„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.
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