Data Modul AG

EANS-News: Data Modul AG
Results for the 3rd Quarter 2010: Order Entry +60%, Revenue +32%

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quarterly report

München (euro adhoc) - Munich-based Data Modul AG is the market leader in the field of display technology in Europe. Data Modul develops, manufactures and distributes innovative flat-screen displays, complete information systems incorporating the latest innovative Easy Touch technology as well as embedded PCs and highly integrated single board computers.

In the third quarter of the current 2010 financial year, the revenues totaled 30.1 million euros, a 32.0% increase over the third quarter of the previous year in which revenues of 22.8 million euros were generated. Total revenue increased to 86.6 million euros in the first three quarters of 2010 (2009: 71.4 million euros). Order entry in the third quarter totaled 36.4 million euros (2009: 22.8 million euros), an increase of 59.6%. Order entry in the first three quarters of 2010 increased to 98.2 million euros (2009: 72.6 million euros). Order backlog increased to 72.4 million euros (2009: 63.1 million euros). As a result of the positive revenue development and the effects of the reorganization program initiated in 2009, the EBIT increased by 400% to 1.5 million euros (2009: 0.3 million euros) in the third quarter of 2010 and thus totaled 4.6 million euros for the first nine months of this year (2009: -0.6 million euros). The annual net income totaled 2.8 million euros for the same period (2009: -1.2 million euros), resulting in earnings per share of 0.79 euros in the first nine months of 2010, compared to earnings per share of -0.39 euros during the same period of 2009. At the end of September 2010, the Corporation's equity ratio (in accordance with IFRS) amounted to 49.1% while Data Modul AG´s equity ratio (in accordance with the HGB [German Commercial Code]) was 72.0%. Hence, the Corporation continues to demonstrate its financial strength and remarkable liquidity.

Data Modul AG's key corporate results according to IFRS

@@start.t2@@|                        |July to  |July to  |Change  |Jan. to  |Jan. to  |Change  |
|                        |Sept.      |Sept.      |    %      |Sept.      |Sept.      |  %        |
|Million euros  |2010        |2009        |            |2010        |2009        |            |

|Total revenue  |30.1        |22.8        |+32.0    |86.6        |71.4        |+21.3    |
|    Industry      |27.2        |19.6        |+38.8    |77.7        |62.4        |+24.5    |
|    Info Systems|2.9         |3.2         |-9.4      |8.9         |9.0         |+1.1      |
|Order Entry      |36.4        |22.8        |+59.6    |98.2        |72.6        |+35.3    |
|Order Backlog  |72.4        |63.1        |+14.7    |72.4        |63.1        |+14.7    |
|EBIT                 |1.5         |0.3         |+400.0  |4.6         |-0.6        |+866.7  |
|Net income        |1.0         |0.2         |+400.0  |2.8         |-1.2        |+333.3  |
|Capital            |0.4         |0.2         |+100.0  |0.9         |0.8         |+12.5    |
|investment        |              |              |            |              |              |            |
|Employees         |272         |269         |+1.1      |272         |269         |+1.1      |

In May 2010, bonus shares were issued thus increasing the number of shares by 10% to 3,526,182.

We expect the positive impact of the global economy's recovery to continue@@end@@

influencing Data Modul's results for the fourth quarter of 2010. Thus, we still expect Data Modul's revenues for 2010 to reach a 3-digit multi-million euro level and to deliver distinctly positive earnings. We have a solid financial basis, long-term funding and a clear corporate strategy. We shall continue to globalize Data Modul, consolidate markets and add interesting technologies to our portfolio. Our focus and all our activities will aim at the Industry segment. To achieve this, we shall concentrate on organic growth financed from our strong cash flow.

The Executive Board Munich, Germany, November 5, 2010 -----------------------

Press Release

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ots Originaltext: Data Modul AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Barbara Lederer
Tel.: +49 (0)89 56017-105
E-Mail: barbara.lederer@data-modul.com

Branche: Technology
ISIN:      DE0005498901
WKN:        549890
Index:    CDAX, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / regulated dealing



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