Teksts
|
SAF Tehnika's non-audited net sales for the forth quarter of
financial year 2011/12 were 2.16 million LVL (3.08
million EUR), showing an 8% increase comparing to the
respective reporting quarter of the previous financial year.
Although the telecommunications market continues to experiences
fierce price competition, the positive result can be attributed to
the Company’s ability to acquire new middle scale projects along
with the steady regular business in markets SAF is present.
Similar to previous reporting quarter of the current financial year
Europe, CIS region continued to post the best results accounting
for 51% of the sales volumes. Besides the company showed that it
has established a sound position in the Americas region where sales
remained at the same level as in the previous reporting quarter of
FY 2011/12. The production of CFIP Lumina products in Brazil
has reached planned optimal levels and it is now assured that the
strategic decision of establishing the manufacturing arrangement in
the perspective and protected market proves to be successful as the
acquired local producer status and recognition already begins to
generate increased interest in SAF products in Brazilian
market.
The Company’s 2011/12 financial year’s 12 month unaudited net
turnover was 9.64 million LVL (13.71 million EUR), which represents
a 12% year-to-year decrease.
The Company ended fourth quarter of 2011/12 financial year with a
net profit of 149 800 LVL (213 147 EUR), which represents an
improvement by 237 048 thousand LVL (337 290 thousand EUR) when
compared to respective quarter of previous financial year where
company posted loss. Meanwhile the Company’s’ unaudited
consolidated net profit for the 12 months of 2011/12 financial year
was 719 927 LVL (1 024 364 EUR).
The general strategy of SAF Tehnika is not changing, the Company is
constantly progressing with ongoing research and development
projects, concentrating both on designing next generation wireless
data transmission devices, as well as customizing existing
solutions to better suit specific niche microwave radio customer
requirements.
Although the market outlook is mostly neutral, due to continuous
uncertainty in the global financial situation and telecommunication
market the Board of the Company would like to avoid being specific
in predictions of sales and financial result projections.
Additional_information:
Aira Loite
Member of the board, COO
Phone: +371 67046833
Mailto: Aira.Loite@saftehnika.com
|