publishes preliminary figures 2018/2019 - Strong final quarter underlines Groups expansion course
Summary
Earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for non-recurring costs, such as the transition to the International Financial Reporting Standards (IFRS), the change to the Prime Standard of the Frankfurt Stock Exchange completed in May as well as acquisition costs, amounted to EUR 10.0 million compared to EUR 10.6 million in the previous year. Furthermore, STEMMER IMAGING strengthened its long and stable customer relationship due to the restructuring of the sales organization and the expansion of its range of products and services in the year under review. The Group continued to expand its service portfolio in the past financial year in line with its growth strategy by means of value-adding acquisitions. In terms of geographical expansion, the Company succeeded in being represented in all major European markets with its own locations and qualified staff during the financial year. With a perfect combination of innovative products, expert advice and comprehensive service, STEMMER IMAGING helps clients solve their machine vision tasks securely with speed and ease.