Earnings Release • May 16, 2013
Earnings Release
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Under Embargo until 16/05/2013 17.45 CET Regulated information
Activities first quarter at the same level as last year
Revenue during Q1 was 58.9 million euro, 0.8% lower as compared to the same period in 2012.
The order backlog at the end of March 2013 was 15.9% lower than at the end of March 2012.
Based on the above, JENSEN-GROUP expects a first half-year result to be similar to that of last year. As in previous years, the Group does not provide full year guidance. We remain prudent as the economic uncertainty affects the investment climate and consequently our order intake and sales. The most important risk factors remain rapid changes in demand, high exchange rate volatility and fluctuating raw material, energy and transport prices.
During the Annual Shareholders Meeting of May 21, 2013, the Board of Directors will propose to pay out same dividend as last year, namely a gross dividend of 0.25 euro per share. Subject to approval during the Annual Shareholders meeting, the dividend will be payable as from May 31, 2013 at the counters of KBC Bank.
May 21, 2013: 10 a.m. Annual Shareholders Meeting August 20, 2013 (evening): Half year results 2013 and analysts' meeting on August 21.
The JENSEN-GROUP assists heavy-duty laundries worldwide to provide quality textile services economically. We have become the preferred supplier in the laundry industry by leveraging our broad laundry expertise to design and supply sustainable single machines, systems and integrated solutions. We are continuously growing by extending our offer and by developing environmental friendly and innovative products and services that address specific customer needs. Our success results from combining our global skills with our local presence. The JENSEN-GROUP has operations in 15 countries and has distribution in more than 40 countries. Worldwide, the JENSEN-GROUP employs about 1.190 employees.
This press release is also available on the corporate website www.jensen-group.com.
(End of press release)
Note to the editors: for more information, please contact: JENSEN-GROUP: Jesper Munch Jensen, Chief Executive Officer Markus Schalch, Chief Financial Officer Scarlet Janssens, Investor Relations Manager Tel. +32.9.333.83.30 E-mail : [email protected].
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