Emitents | SAF Tehnika, AS (48510000F6NVA4T63P67) |
Veids | Finanšu pārskati |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2010-08-11 09:03:37 |
Versijas komentārs | |
Teksts |
SAF Tehnika's non-audited net sales kept an upward trend.
Sales for the fourth quarter of financial year 2009/10 were 3.74
million LVL (5.32 million EUR), representing an 89% increase
compared with the fourth quarter of the previous financial year.
This was the best quarterly sales result not only in financial year
2009/10, but the best in the last three financial years.
The Company’s non-audited net sales for the 12 months of
financial year 2009/10 were 10.23 million LVL (14.55 million EUR)
representing a 16% increase compared with the 12 months of
financial year 2008/09. The best sales results were reached in the
Asia Pacific, Africa and Middle East region where 88% y-o-y growth
was reached, amounting to LVL 5.9 million (EUR 8.48 million) in the
12 months of FY 2009/10 and a 33% increase was recorded in America.
Sales in Europe and the CIS region were substantially (by 43%)
lower than in the previous financial year. This was mostly impacted
by very low sales in the CIS. The recent customer survey lists
product price, quality and customer support as the key features for
choosing SAF Tehnika as the partner.
The net profit of the Company for the fourth quarter of
financial year 2009/10 was 1.23 million LVL (1.76 million EUR). The
net profit of the Company for the 12 month period of the financial
year 2009/10 was 1.47 million LVL (2.1 million EUR) which is by
2.71 million LVL (3.86 million EUR) better than the result for the
12 months of the financial year 2008/09. This is a great result and
proves that the Company’s strategy towards development of a new
CFIP product line, expansion of direct sales, investments into
product marketing, cost savings on production and operations was
right and has provided SAF Tehnika a more stable position with
positive perspectives. The invaluable work and loyalty of the
Company’s employees also has to be mentioned as a key to
success.
The main targets for the company in the coming years are to
achieve steady growth, maintaining high production quality and
customer satisfaction levels. As uncertainty in the global
telecommunication market continues the Board of the Company cannot
provide certain prognosis towards sales figures despite outstanding
results of the reporting financial year.
Aira Loite
CFO
+371 67 046 833
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