Flexible Electronics News

SMARTRAC Reports Fiscal Year 2012 Results

Revenues of 255.5 million euros represent an increase of 52 percent compared to 2011

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SMARTRAC N.V. announced financial figures for the fiscal year 2012. The company further increased its revenues and reported total sales of €255.5 million in fiscal year 2012, compared to sales of €167.6 million in 2011. EBITDA for 2012 amounted to €23.4 million in 2012, compared to EBITDA of €15.2 million in 2011. Net profit for the period, including non-controlling interests, amounted to €5 million in 2012, compared to net loss of €42 million in 2011. SMARTRAC started the business year with ...

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