Details from the Cybergun Annual Earnings Report for FY 2009
For More Details, check here: http://www.actusnews.com/communique.php?ID=ACTUS-0-20400
Details of the report, via Translation From Google Translate:
“Record 2009 annual results
FY March 2009-April 2010
Cybergun, world leader in recreational shooting, announced record results for fiscal 2009 (ended March 31, 2010) and consistent with objectives.
Business growth and improved margins:
The very strong business momentum, and strengthening of the distribution network and product catalog have enabled Cybergun to achieve a turnover of 50.7 Euros, up 19%. Economies of scale and productivity gains have produced an operating margin (EBIT) of 10.8%, up 3.6 points, and a net profit of 3.0 Million Euros, against 1.1 Million Euros from the previous year.
While announcing a .50 Euro-per-share dividend, Cybergun also looks into 2010 with great confidence. Enlargement of the European list of paintball items, increased commercial presence in the U.S. (with the aquisition of Spartan Imports) and the integration of Inokatsu, leader of high-end product development, are all asets for future growth. If the increases in the U.S. were to persist, it would be generally favorable to the group that produced 70% of its sales in the U.S.
Cybergun Group will publish its turnover 1st quarter 2010 (period Apr-Jun 2010) July 27 2010, after the stock market close.”