Avemio AG published audited consolidated figures for 2023 – preliminary results confirmed
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EQS-News: Avemio AG
/ Key word(s): Annual Report/Annual Results
Avemio AG published audited consolidated figures for 2023 – preliminary results confirmed With equity of over EUR 26 million, an equity ratio of 52% and liquidity of EUR 5.4 million, Avemio has a solid basis for future growth and the continuation of the defined growth strategy of organic growth in its core retail business, targeted acquisitions, particularly in the international area, and the establishment of a media technology group through acquisitions, company start-ups and in-house digital developments. For the current financial year, Avemio AG expects sales and earnings to stabilize. The 2023 Annual Report of Avemio AG is available on the Company's website at https://avemio.com/en/news/. Avemio AG is a media technology group with a focus on professional film and television technology. The trading group, which has been growing strongly for many years and has the highest turnover in the German-speaking B2B market with around EUR 100 million, supplies content producers as a manufacturer-independent provider with products from all major manufacturers. This also includes consulting and technical support for complete production, post-production, and broadcast systems as well as the planning, creation and system integration of media technology workflows with its own software products and cloud offerings. The share capital of Avemio AG is divided into 3,832,150 no-par bearer shares and listed on the primary market of the Düsseldorf Stock Exchange. At the beginning of the year 2023, the stock market listing took place as part of a reverse IPO. Here, after 30 years of existence, Teltec AG took over the shell company Palgon AG, which was listed on the Düsseldorf Stock Exchange, and changed its name to Avemio AG. The Company was promoted to the primary market and admitted to the Xetra trading platform and relocated from Düsseldorf to Frankfurt. Avemio AG is planning internationalization as part of a buy-and-build strategy with already identified target companies as well as the expansion of the high-margin software offering. Lindsay Lorent CROSS ALLIANCE communication GmbH
28.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Avemio AG |
| Schaumainkai 91 | |
| 60596 Frankfurt | |
| Germany | |
| Phone: | 06134 5844872 |
| E-mail: | ir@avemio.com |
| Internet: | www.avemio.com |
| ISIN: | DE000A2LQ1P6 |
| WKN: | A2LQ1P |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich |
| EQS News ID: | 1936039 |
| End of News | EQS News Service |
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1936039 28.06.2024 CET/CEST
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