Flexible Electronics News

SMARTRAC Increases Revenues by 26 Percent in the First Six Months of 2012

Management confirms target to increase group sales to some €250M in 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SMARTRAC N.V. announced financial figures for the first half-year of 2012. The positive momentum which SMARTRAC had experienced in the first three months of 2012 continued in the second quarter of 2012. As a result, the company was able to increase total sales by 26 percent from €94 million in H1-2011 to €118 million in H1-2012. EBITDA for the reporting period January to June amounted to €9.1 million in 2012 compared to EBITDA of €9.5 million in 2011. EBITDA in the second quarter increased fr...

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