technotrans has reported a clear increase in turnover increase with dynamic growth in the print area.
Reports for the second quarter show turnover increased by 5.3 percent to Euros 63.6 million, while the operative profit (EBIT) remained at the previous year's level of Euros 4.4 million.
"In spite of a difficult economic and geopolitical environment, we have grown clearly again in all areas in the second quarter," says Henry Brickenkamp, spokesman of the board. Figures already include costs for the successful DRUPA print industry fair, which amounted to Eur 400,000.
In the technology segment, technotrans experienced a turnover increase of 3.9 percent to Eur 41.9 mullion, which corresponds to a turnover ratio of 66 percent. In particular the increasing demand from the print industry turned out to be a growth driver.
"Not only the traditional offset print machines, but also a large share of the flexo and digital print machines (at DRUPA) were equipped with our devices," Brickenkamp says. Due to the generally positive basic mood in the print industry, the technotrans management assumes a turnover increase in the print areas as compared to the previous year in the further course of the financial year.
The operational segment result dropped by Eur 0.2 million to Eur 900,000 due to the DRUPA spendings. Adjusted by this special effect at Eur 400,000, the EBIT in the technology segment still developed positively.
"We consider ourselves set up well to continue the positive course of business in the next quarters as well," says Brickenkamp.