Data Modul AG

EANS-News: Data Modul AG earnings double in first half of 2011


--------------------------------------------------------------------------------
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
--------------------------------------------------------------------------------
6-month report

Subtitle: Financial Results Second quarter of 2011: EBIT +87%, Revenues +24%

München (euro adhoc) - Announcement of new products opening up new growth
markets. Munich-based Data
Modul AG is Europe's largest independent display technology company. Data
Modul's leading edge display solutions, embedded systems and Easy-Touch
technologies are used globally in electrical engineering applications and
information systems requiring the highest quality standards.

Revenue in the second quarter of 2011 increased by 24.4 % to 35.2 million euros
(2010: 28.3 million euros): the Displays business segment generating revenues
of 21.5 million euros (2010: 18.6 million euros), while the Systems segment saw
revenues of 13.7 million euros (2010: 9.7 million euros). In the first half of
2011, the total revenue for the Group was at 69.8 million euros (2010: 56.5
million euros). In the second quarter, order entry was at 37.5 million euros
(2010: 32.3 million euros). Compared to the prior year quarter, there was an
increase in order intake in both segments. Order backlog amounted to 76.5
million euros (2010: 68.4 million euros). As a result of the positive revenue
development, the EBIT increased in the second quarter 2011 by 86.7% to 2.8
million euros (2010: 1.5 million euros) breaking down as follows: 1.8 million
euros (2010: 1.6 million euros) from the Displays business segment and 1.0
million euros (2010: -0.1 million euros) from the Systems business segment. In
the first half of 2011, the EBIT for the Group was at 4.9 million euros (2010:
3.0 million euros). The net income for the year amounted to 3.6 million euros
(2010: 1.8 million euros) translating into earnings per share of 1.02 euros
(2010: 0.51 euros) in the first half of 2011. The export quota rose to 36.0%
(2010: 30.3%). In order to increase the export ratio, Data Modul established a
new sales office in Switzerland in the second quarter of 2011. At the end of
that second quarter, the Group's equity ratio (in accordance with IFRS)
amounted to 49.6%.


Key Corporate Results of Data Modul AG According to IFRS


|               |April -  |April -  |Change  |Jan. -   |Jan. -   |Change  |
|               |June     |June     |  %     |June     |June     | %      |
|(in million    |2011     |2010     |        |2011     |2010     |        |
|euros)         |         |         |        |         |         |        |

|Total revenue  |35.2     |28.3     |24.4%   |69.8     |56.5     |23.5 %  |
|   Displays    |21.5     |18.6     |15.6%   |43.3     |35.4     |22.3%   |
|   Systems     |13.7     |9.7      |41.2%   |26.5     |21.1     |25.6%   |
|Order entry    |37.5     |32.3     |16.1%   |79.0     |61.8     |27.8%   |
|Order backlog  |76.5     |68.4     |11.8%   |76.5     |68.4     |11.8%   |
|EBIT           |2.8      |1.5      |86.7%   |4.9      |3.0      |63.3%   |
|Net income     |2.2      |0.8      |175.0%  |3.6      |1.8      |100.0%  |
|Capital        |0.6      |0.3      |100.0%  |0.9      |0.5      |80.0%   |
|investment     |         |         |        |         |         |        |
|Employees      |294      |274      |7.3%    |294      |274      |7.3%    |
|Earnings/share |0.63     |0.24     |162.5%  |1.02     |0.51     |100.0%  |
|(EUR)          |         |         |        |         |         |        |


For the current financial year, we expect a double-digit growth in revenues and

distinctly positive earnings outperforming last year's results. In that, we are
benefiting from the economic upturn in Europe and the USA, our most important
markets, as well as from further integration of our affiliate company Conrac.
We will continue to globalize Data Modul, consolidate markets and add
interesting technologies to our portfolio. We will focus on the development of
bespoke systems and solutions for our customers. Thereby we will build our
future on organic growth.


The Executive Board
Munich, August 11, 2011
-----------------------

Press Release


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

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


company:     Data Modul AG
             Landsberger Str. 322
             D-80687  München
phone:       +49(0)89-56017-0
FAX:         +49 (0)89 56017-102
mail:     info@data-modul.com
WWW:      http://www.data-modul.com
sector:      Technology
ISIN:        DE0005498901
indexes:     CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, regulated dealing: München 
language:   English
 

 

 



Das könnte Sie auch interessieren: