EANS-News: Hoeft & Wessel AG reports further increase in order intake in third
quarter of 2012
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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9-month report
Subtitle: Reorientation making progress
Hannover / Germany, 01/11/2012. (euro adhoc) - The positive trend in terms of
orders received by Hoeft & Wessel AG continued in the third quarter of 2012. A
total volume of EUR 61.8 million in new orders was registered in the first nine
months of 2012 (2011: EUR 54.4 million). As a result, the book-to-bill ratio
accounted for by this SME specialising in ticketing, parking and mobile data
capture systems came to 1.1.
Orders for stationary ticket vending terminals were placed by the Belgian state-
owned railway SNCB, by a Polish partner on behalf of the Upper Silesian
industrial region and by national Danish rail. In France, Hoeft & Wessel
succeeded in gaining access to the market with an order placed by Aérolis / Les
Cars Air France. On the buses of the Keolis subsidiary, on-board ticket vending
terminals are being installed with ticket printers. Two cities in the U.S.
opted for car park terminals from the British subsidiary Metric. In the retail
sector in Germany, the Rossmann and Rewe chains ordered additional mobile data
capture terminals. The Company managed to sign up Fressnapf, a specialist pet
food chain, as a new customer.
The order portfolio rose substantially in the course of the year until
30/09/2012, to reach EUR 48.9 million (31/12/2011: EUR 43.9 million).
In the first nine months of 2012, the Hoeft & Wessel Group recorded EUR 56.7
million in sales, down by 10 per cent year-on-year on account of the
reorientation (2011: EUR 62.8 million).
In the first three quarters of 2012, Hoeft & Wessel supplied state-of-the-art
EMV contactless ticketing systems for buses to the FirstGroup in the United
Kingdom and to the public transport authority of the city of Durban in South
Africa. In Germany, numerous consignments of mobile data capture devices were
delivered to retail chains.
The operating result (EBIT), at -EUR 7.7 million, turned out clearly negative
in the first nine months of 2012, as expected (2011: -EUR 3.2 million). This
includes -EUR 3.0 million in restructuring expenses.
Link to IR section with financial reports:
http://www.hoeft-wessel.com/investor-relations/finanzberichte/
Media section with photos:
http://www.presseportal.de/pm/12945/hoeft_wessel_ag/
The Company
Hoeft & Wessel is the leading IT and engineering technology Group for
ticketing, parking and mobile solutions in Germany and Great Britain.
Established in 1978 by the two entrepreneurs who gave the company its name,
the enterprise has developed into a group of companies with sales revenues of
approx. EUR 80 million and a workforce of more than 400 employees. Its main
locations are Hannover, Germany, and Swindon, UK, to the west of London.
Further inquiry note:
Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: PR@hoeft-wessel.com
end of announcement euro adhoc
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company: Höft & Wessel AG
Rotenburger Str. 20
D-30659 Hannover
phone: +49-511-6102-0
FAX: +49-511-6102-411
mail: ir@hoeft-wessel.com
WWW: http://www.hoeft-wessel.com
sector: Technology
ISIN: DE0006011000
indexes: Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English