PRESSEPORTAL Presseportal Logo
All Stories
Subscribe to feratel media technologies AG

20.07.2007 – 08:52

feratel media technologies AG

euro adhoc: feratel media technologies AG
Financial Figures/Balance Sheet / feratel with improved result for financial 2006/2007 Executive Board proposes a dividend of 9 eurocents

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
annual report
"In the last business year feratel put in a convincing performance 
with numerous innovations for its national and international markets.
That is reflected in the results for 2006/2007. At the same time we 
have come a step closer to our goal of becoming a complete solution 
provider for the tourism industry," says CEO Markus Schröcksnadel in 
the light of the annual report now released. In the 2006/2007 
financial year ending on 30 April 2007, sales at feratel media 
technologies AG increased from EUR 16.7 million to EUR 20.8 million. 
Operating income (EBIT) increased from TEUR 546.2 to EUR 1.0 million.
Earnings before taxes (EBT) improved to EUR 1.1 million after TEUR 
686.4 in the previous year. The reason for this very satisfactory 
improvement in the result is primarily organic growth within the 
group plus consolidation of four Sitour companies Austria, Italy, the
Czech Republic and Slovakia at 1 February 2007. Consolidated net 
income increased from TEUR 575.9 in the 2005/2006 business year to 
EUR 1.1 million. EBITDA was also up, from EUR 2.6 million to EUR 4.5 
million. In its year-end financial statements for 2006/2007, feratel 
media technologies AG reports retained earnings amounting to TEUR 910
after EUR 1.1 million in the previous year. At the Annual General 
Meeting scheduled for 19 October 2007, the Executive Board will 
propose payment of a dividend of 9 eurocents (after 8 eurocents in 
the previous year)
2006/2007 highlights
In the 2006/2007 financial year feratel was successful in the face of
competition from home and abroad. The highlights for the year 
doubtless include the contract awarded by the Slovenian Ministry of 
Economic Affairs for a nationwide reservation system. feratel was 
also very successful on its home market in the Tyrol: The Paznaun 
could be convinced with an extremely complex destination management 
system from feratel. In another positive development feratel reports 
that, after years of effort, the company has succeeded in 
establishing itself on the Spanish market. In addition to several IRS
projects, a first camera location was agreed in Spain, in the coastal
resort of Cambrils. In Eastern Europe, too, feratel turned in an 
excellent performance in the year under report: the Czech Republic 
has now developed into the company´s biggest single market in the 
region, followed by Slovakia and Hungary.
Non-stop innovation
In 2006/2007 feratel again made its mark with numerous innovative 
solutions. That brought the company a big step closer to its goal of 
positioning itself as a complete solution provider for tourism and 
significantly strengthened and consolidated its position on its 
domestic and international markets. The latest developments in the 
field of television engineering confronted feratel media technologies
AG with new challenges in the Telecommunications sector. For both 
digitization of its radio relay network and the switch to the 16:9 
widescreen format, new technical answers had to be found, developed 
and implemented. They will also benefit in future from a specially 
developed design - on air at the beginning of December. With HDTV the
next challenge is already being tackled. feratel´s Information and 
Reservation Systems Division is equally innovation-driven. Work is 
progressing full steam ahead on a whole series of projects and new 
developments. The Deskline® destination management system, for 
example, is currently being completely reprogrammed and redesigned, 
dar®WIN has been complimented. The Eurosoft system has been switched 
to application service providing. MeldeClient was adapted to the 
requirements of the German market. A special challenge of the 
2006/2007 business year was definitely the development of an 
innovative visitor card system, with both the software and the 
hardware developed in-house in line with feratel´s role as a complete
solution provider. feratel´s Media Division also had a busy and 
successful year: from transparent panorama information boards and 
electronically controlled LED displays for Sitour´s panorama boards 
and trail signposting systems, to a Multitext application for tourism
developed in collaboration with TW1.
~The 2006/2007 business year in figures (pursuant to IFRS)
2006/2007                2005/2006
                             TEUR                      TEUR
Sales                       20,830.4                 16,695.2
Income from operations      21,710.9                 17,451.0
EBITDA                       4,498.7                  2,587.0
EBIT                         1,043.1                    546.2
EBT                          1,136.0                    686.4
end of announcement                               euro adhoc 20.07.2007 08:12:05

Further inquiry note:

Martin Fritsch

Branche: Tourism & Leisure
ISIN: AT0000737804
WKN: 615165
Index: Standard Market Auction, WBI
Börsen: Wiener Börse AG / official market

Original content of: feratel media technologies AG, transmitted by news aktuell

More stories: feratel media technologies AG
More stories: feratel media technologies AG