Company News • 05.11.2009

Hoeft & Wessel AG anticipates earnings of EUR 3 million and turnover of EUR 94 million for 2009

EBIT up by 10 per cent as at 30 September 2009 - Positive forecast for 2010

In the third quarter, the Hoeft & Wessel Group managed to continue its successful business trend in fiscal 2009. As at 30 September 2009, sales revenues of the German IT and engineering group increased by 1.4 per cent, to reach EUR 71 million (previous year: EUR 70 million). Disregarding the currency effects of the depreciation of the pound sterling, sales revenues would have risen by more than 5 per cent, to roughly EUR 74 million.

The operating result (earnings before interest and taxes - EBIT) was up by 10 per cent year-on-year, to EUR 2.3 million (30 September 2008: EUR 2.1 million).

With its nine-month figures, Hoeft & Wessel AG considers itself well on its way towards achieving a successful performance for 2009 as a whole.

In the fourth quarter, the ongoing investment reluctance in logistics and retail in the Skeye business division as well as a shift of sales revenues into the first quarter of 2010 within a large-scale Metric project in Philadelphia (U.S.) will lead to a slowdown in the positive business trend.

For the full financial year 2009, the company expects roughly EUR 94 million in sales revenues and EBIT of approx. EUR 3 million. 

For the year 2010, amid ongoing difficult economic conditions Hoeft & Wessel AG anticipates an increase both in sales revenues and earnings.

The order intake in the first three quarters of 2009, at EUR 57.5 million, was at a similar level as in the previous year (30 September 2008: EUR 59.7 million). Apart from a number of minor contracts, a large-scale order received from the U.S. also made a contribution in this regard. This does not include a major order for ticket vending terminals placed by the canton of Geneva.

The order portfolio as at 30 September 2009 came to EUR 74.7 million. On the same date a year earlier, it had still amounted to EUR 105.6 million on account of the order placed by Deutsche Bahn AG for stationary ticket vending machines.

In the first nine months of 2009, the Almex business division, supplier of ticketing systems as well as telematics and check-in solutions, supplied stationary ticket vending terminals to Aarhus (Denmark) and Hanover as well as to the Danish and German state-owned railway corporations. Almex was highly successful in selling ticketing systems for buses, especially in southern Europe. The German airline Lufthansa took delivery of new check-in terminals. Accordingly, the business division succeeded in ramping up both its sales revenues and operating result.

The Skeye business division supplied mobile terminals and POS solutions to companies engaged in particular in the retail and logistics segments. It was successful in acquiring new customers in spite of the economic crisis discernible in these industry segments. The order intake rose accordingly and is substantially higher than the sales revenues, holding the promise of better business trends in future. The organisation’s new customers include Intralot, a specialist for lottery systems with an international reach, deploying terminals with large touch screens for mobile sales of lottery tickets. As at 30 September 2009, sales revenues and operating result of the Skeye division were in decline, as expected.

The British subsidiary Metric, specialising in car park terminals and related services, installed car park terminals in several cities and municipalities in the United Kingdom by 30 September 2009, successfully concluding the first phase of the large-scale contract in Philadelphia, USA. Sales revenues and the operating result of the British subsidiary Metric were up substantially, reflecting the positive business trend unfolding this year.

With its Almex, Metric and Skeye business divisions largely operating independently, the Hoeft & Wessel Group has been engaged in many and various market segments for some time now. Synergy effects are realised within the scope of its immense research & development division. Thanks to its broadly based positioning, the Hoeft & Wessel Group reduces its dependency on specific market segments and considers itself successfully prepared to meet future challenges.

related articles:

popular articles:

Thumbnail-Photo: World’s first convenience store retrofitted with AI technology...
14.08.2020   #video surveillance #video cameras

World’s first convenience store retrofitted with AI technology

Standard Cognition to provide Circle K with autonomous checkout

Standard (“Standard Cognition”) announced that Alimentation Couche-Tard, a company that operates close to 14,500 convenience stores worldwide, including under the global brand Circle K, has selected Standard to pilot touchless, ...

Thumbnail-Photo: Disposition and shelf maintenance in times of Corona...
19.08.2020   #POS marketing #shop equipment

Disposition and shelf maintenance in times of Corona

Tools for shelf management

The CPG industry is currently experiencing turbulent times just as much as retail. Challenges such as the ban on field sales force visits or the sudden increase in demand for some articles, which leads to gaps in the shelf and loss of sales, are ...

Thumbnail-Photo: Hobbii continues the growth adventure …
23.06.2020   #POS systems #brick and mortar retail

Hobbii continues the growth adventure …

… with new stores and several digital initiatives

The online store continues the opening of physical stores with the launch the third store in Tarup shopping center in Odense, Denmark. The close collaboration with Delfi Technologies, which is based on several digital initiatives, will ...

Thumbnail-Photo: Electric vehicles for safe on-the-go food distribution during pandemic...
28.08.2020   #food retail #delivery

Electric vehicles for safe on-the-go food distribution during pandemic

Gallery E vehicles solve food service challenges at universities and corporate campuses this fall

Gallery, the leading innovator of mobile carts for food, beverage and retail businesses, has announced a unique partnership with AYRO, Inc. and Club Car to launch a new line of electric vehicles to help bring food, beverage, and retail merchandising ...

Thumbnail-Photo: eBay’s management of payments begins scaling globally...
24.07.2020   #online trading #e-commerce

eBay’s management of payments begins scaling globally

Payments initiative reaches a milestone as the Operating Agreement with PayPal expires

Starting today (July 20th), eBay will begin expanding its management of payments around the globe. The company embarked on its journey to manage the end-to-end payments process on its marketplace platform in late 2018 and is already seeing success ...

Thumbnail-Photo: Checkout-free service at Giant Eagle’s GetGo Café+Market store...
07.09.2020   #self-checkout systems #app

Checkout-free service at Giant Eagle’s GetGo Café+Market store

Retrofitting an existing store

Grabango announced the launch of commercial service with one of its retail partners, Giant Eagle, Inc, owner of GetGo Café+Market. Grabango’s checkout-free system is now available to save shoppers time by letting them skip the line. The ...

Thumbnail-Photo: Stress-free and safe in the pharmacy
14.07.2020   #security #brick and mortar retail

Stress-free and safe in the pharmacy

Contactless access control thanks to the Digital Butler by Apostore

The experiences of the last few months were decisive for the local pharmacy. Whereas in the past the focus was on creating shopping experiences, pharmacists are currently dealing with a completely changed and more sensitive purchasing ...

Thumbnail-Photo: Quantity discount on the WIMIsys PT51!
05.08.2020   #POS systems #displays

Quantity discount on the WIMIsys PT51!

From now until September 30th: 10% discount on the WIMIsys PT51 POS System when purchased together with a Swissbit TSE solution

Are you looking for TSE compliant POS solution for your customers in bakery, restaurant or retail shop? ...

Thumbnail-Photo: Automated delivery services sprang up during China’s Covid-19 lockdown...
03.06.2020   #coronavirus #delivery

Automated delivery services sprang up during China’s Covid-19 lockdown

Retail technologies at Smart Retail Expo (SRE 2020)

In response to the Covid-19 outbreak, China’s retail giants and Meituan both deployed their smart deliver robots/vehicles in heavily locked down cities, such as Wuhan and Beijing. Insiders believe automated delivery technology will be ...

Thumbnail-Photo: Digital access controls support distancing requirements in the era of...
06.07.2020   #brick and mortar retail #retail

Digital access controls support distancing requirements in the era of Corona

Essential staff are relieved and the risk of infection is reduced

Since the beginning of the pandemic, larger supermarkets and discounters have been imposing entrance restrictions to ensure that only a certain number of people are allowed within their Stores. Usually the access management is carried out by ...


SALTO Systems GmbH
SALTO Systems GmbH
Schwelmer Str. 245
42389 Wuppertal
Gewerbering 1
84072 Au i.d.Hallertau
Apostore GmbH
Apostore GmbH
Uferstraße 10
45881 Gelsenkirchen
Poindus HQ - Taiwan
Poindus HQ - Taiwan
5F., No.59, Ln. 77, Xing-Ai Rd.,Neihu Dist.
Taipei City 114
Adasys GmbH – a Poindus Company
Adasys GmbH – a Poindus Company
Max-Planck-Straße 10
70806 Kornwestheim
APG Cash Drawer
APG Cash Drawer
4 The Drove
BN9 0LA Newhaven
Reflexis Systems GmbH
Reflexis Systems GmbH
Kokkolastr. 5-7
40882 Ratingen
Delfi Technologies GmbH
Delfi Technologies GmbH
Landgraben 75
24232 Schönkirchen
POS TUNING Udo Voßhenrich GmbH & Co KG
POS TUNING Udo Voßhenrich GmbH & Co KG
Am Zubringer 8
32107 Bad Salzuflen