Jetter AG Posts Profit In Fiscal 2011/12

6/15/2012 1:54 PM ET

Jetter AG reported financial results for fiscal 2011/12. Net profit for the year was EUR 151 thousand, compared to a loss of EUR 114 thousand last year.

Turnover for the year was EUR 44 million, a 31% increase over the previous year turnover of EUR 33.6 million last year.

For the years until 2014/15, the company expects yearly sales increases of about 10% and a corresponding profit development, driven mainly by the mobile automation segment.

by RTT Staff Writer

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