The technotrans Group achieved its goals as a whole for the 2015 financial year and therefore successfully maintained its growth trajectory. Compared with the original forecast, we even achieved much better results for certain financial indicators. The minimum goal for 2015 to achieve revenue growth of more than 3 percent for the group was easily exceeded, with growth up 9.3 percent thanks to a positive business performance in all sub-markets. With an operating profit (EBIT) of € 9.0 and an EBIT margin of 7.3 percent, the earnings forecast was confirmed at the top end of the anticipated range of 6.8 to 7.3 percent.
At the time the plans for 2015 were drawn up, the Board of Management assumed moderate revenue growth for the technotrans Group on the basis of a stable economic development in conjunction with various new projects involving both existing and new customers. It was already clear by the end of the first half of 2015 that the business performance for the year as a whole would be positive. With organic revenue growth of € 10.4 million compared with the previous year, consolidated revenue for the past financial year reached € 122.8 million. The Technology segment in particular made positive progress thanks to its successful business expansion in the non-print area and grew by 10.4 percent to € 81.4 million. The Services segment, too, more than made up for the previous year's slight fall in revenue, achieving revenue for the year of € 41.4 million with 7.2 percent growth.
The structure of the balance sheet did not change significantly in 2015 despite the growth. technotrans continued to free itself of debt, the free cash flow was positive at € 8.6 million and the equity position improved to a stable ratio of 68.0 percent.