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JENSEN-GROUP N.V.

Earnings Release May 18, 2015

3967_10-q_2015-05-18_8332b0c3-0ea5-427d-8332-74f72dfc2cea.pdf

Earnings Release

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Under Embargo until 18/05/2015 17.45 CET Regulated information

Press Release

JENSEN-GROUP reports high activity during first quarter

Trading update 1st quarter 2015

Revenue during Q1 was 74.1 million euro, 34.2% higher compared to the same period in 2014. The weakness of the euro resulted in a significant positive effect on sales outside the euro zone. However, it does not read through in margin due to our forward exchange cover, moreover the same currency movement also results in non-euro overhead costs translating to higher amounts in euro.

The order backlog at the end of March 2015 was 12.6% higher than at the end of March 2014. Taking into account the equipment already produced by the end of the first quarter, the order backlog is 3% lower than last year.

Based on the above, JENSEN-GROUP expects a first half-year revenue to be higher than that of last year. However taking into account the translation impact explained above, the Group expects profitability to be in line with first half year of 2014. As in previous years, the Group does not provide full year guidance. The most important risk factors remain rapid changes in demand, availability of financing to our customers, high exchange rate volatility and fluctuating raw material, energy and transport prices.

Other activities

JENSEN-GROUP continues its geographic expansion with the opening of JENSEN Spain S.L. as it has taken over the business activities of their Spanish Distributor Boaya S.L. on February 4, 2015.

Dividend payment

JENSEN-GROUP has a dividend policy of distributing 0.25 euro per share annually unless the results or the financial statements do not allow such dividend. Based on the excellent 2014 results, the Board proposes to add a one-time dividend of 0.15 euro per share. Subject to approval during the Annual Shareholders' Meeting of May 19, 2015, the share will trade ex-coupon as of May 27 and dividend will be payable as from May 29, 2015 at the counters of KBC bank upon presentation of coupon n°10.

Share buy-back

The Board of Directors of November 14, 2013 decided to implement a share repurchase programme to buy back maximum 800,300 of its shares. The shares are bought at the stock exchange by an investment bank mandated by the Board of Directors. The buy-back mandate expires on October 4, 2017. As per March 31, 2015, JENSEN-GROUP holds 183,969 treasury shares.

Shareholders' calendar

May 19, 2015: 10 a.m. Annual Shareholders' Meeting August 18, 2015 (evening): Half year results 2015 and analysts' meeting November 13, 2015 (evening): Trading update 3th quarter 2015

Profile

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 21 countries and has distribution in more than 40 countries. Worldwide, JENSEN-GROUP employs about 1,340 employees.

This press release is also available on the corporate website www.jensengroup.com.

(End of press release)

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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