Emitents | SAF Tehnika, AS (48510000F6NVA4T63P67) |
Veids | Finanšu pārskati |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2016-02-04 09:49:49 |
Versijas komentārs | |
Teksts |
For Q2 of the FY 2015/2016, the Group’s unaudited consolidated net
turnover was 3.45 million euros, which is by 6%, or 0.2 million
euros, less than in Q2 of the FY 2014/2015, and by 3% less than in
Q1 this year. The Group closed Q2 with the profit of 312 thousand
euros (unaudited), which is by 112 thousand euros more comparing to
revenues generated in Q2 of the previous financial year. The
unaudited consolidated result for 6 months of the FY 2015/2016 is
the profit of 605 thousand euros, which is by 119 thousand euros
more, comparing to the Group’s result of 6 months of the previous
FY 2014/2015 (the profit of 485 thousand euros).
For Q2 of the FY 2015/2016, the Group’s unaudited consolidated net
turnover was 3.45 million euros, which is by 6%, or 0.2 million
euros, less than in Q2 of the FY 2014/2015, and by 3% less than in
Q1 this year.
The major part of the turnover in Q2 (64%), or 2.2 million euros,
was made by sales in North/Latin Americas, which is by 51% more
than in Q1 this year because of specific customer needs and
development of tailored solutions and products for data
transmission. This region’s result rose by 38% as compared to Q2 of
the previous year. The Group’s products were sold in 49 countries
during the reporting quarter.
The Group closed Q2 of the FY 2015/2016 with the profit of 312
thousand euros (unaudited), which is by 112 thousand euros more
comparing to revenues generated in Q2 of the previous financial
year.
For 6 months of the FY 2015/2016, the Group’s unaudited
consolidated turnover was 6.85 million euros, which is a 2%
increase compared to revenues at the same period of the previous
financial year.
The unaudited consolidated result for 6 months of the FY 2015/2016
is the profit of 605 thousand euros, which is by 119 thousand euros
more, comparing to the Group’s result of 6 months of the previous
FY 2014/2015 (the profit of 485 thousand euros). It should be
noted that the profit of the first half of the previous financial
year was largely made by revenues from currency
fluctuations.
The Group had a positive net cash flow during 6 months of the
present FY, equaling to 1.482 million euros. As of the end of the
financial year (except for interest charges), the Group’s net cash
balance was 5.8 million euros. In December 2015, dividends were
paid in the amount of 0.34 euros (thirty four cents) per share, or
1.009 million euros in total.
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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