Data Modul AG

EANS-News: DATA MODUL expects excellent full year results 2011


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9-month report

Subtitle: Third quarter of 2011: EBIT +73.3%, Revenues +16.6%


München (euro adhoc) - 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 electronic engineering applications and information systems
requiring the highest quality standards.

In the third quarter of the current financial year, revenue increased by 16.6%
to 35.1 million euros (2010: 30.1 million euros). The Displays business segment
generated revenues of 21.7 million euros (2010: 19.6 million euros), whereas the
Systems segment saw revenues of 13.4 million euros (2010: 10.5 million euros).
Total revenue in the first nine months of 2011 came to 105.0 million euros
(2010: 86.6 million euros). In the first nine months of 2011, order entry
increased to 112.4 million euros (2010: 98.2 million euros). Order backlog
amounts to 77.0 million euros (2010: 72.4 million euros). In the first nine
months of 2011, the export ratio reached 35.6% (2010: 31.9%). As a result of the
positive revenue development, the EBIT, in accordance with IFRS, for the third
quarter 2011 increased by 73.3% to 2.6 million euros (2010: 1.5 million euros)
In the first nine months of 2011, the EBIT came to 7.5 million euros (2010: 4.6
million euros). Net income for the year for the same period is 5.2 million euros
(2010: 2.8 million euros) translating into earnings per share of 1.47 euros for
the first nine months of 2011 and compared to 0.79 euros during the same period
of 2010.


Data Modul AG's key corporate results according to IFRS


|               |July -   |July -   |Change  |Jan -    |Jan -    |Change  |
|               |Sept     |Sept     |        |Sept     |Sept     |        |
|(in million    |2011     |2010     | %      |2011     |2010     | %      |
|euros)         |         |         |        |         |         |        |
|Total revenue  |35.1     |30.1     |+16.6%  |105.0    |86.6     |+21.2%  |
|   Displays    |21.7     |19.6     |+10.7%  |65.0     |55.1     |+18.0%  |
|   Systems     |13.4     |10.5     |+27.6%  |40.0     |31.5     |+27.0%  |
|Order entry    |33.4     |36.4     |-8.2%   |112.4    |98.2     |+14.5%  |
|Order backlog  |77.0     |72.4     |+6.4%   |77.0     |72.4     |+6.4%   |
|EBIT           |2.6      |1.5      |+73.3%  |7.5      |4.6      |+63.0%  |
|Net income     |1.6      |1.0      |+60.0%  |5.2      |2.8      |+85.7%  |
|Capital        |0.3      |0.4      |-25.0%  |1.2      |0.9      |+33.3%  |
|investment     |         |         |        |         |         |        |
|Employees      |299      |272      |+9.9%   |299      |272      |+9.9%   |
|Earnings/share |0.46     |0.28     |+64.3%  |1.47     |0.79     |+86.1%  |
|(EUR)          |         |         |        |         |         |        |


We expect a marked growth in revenue and excellent earnings for Data Modul in
2011, benefiting from the economic upturn in Europe and the U.S.A., our most
important markets, as well as from further integration of our affiliate company
Conrac. Data Modul focuses increasingly on product solutions based on complete
electronic subassemblies and intelligent systems, with embedded computer
technology solutions and the highly integrated single board computers becoming
more and more important.



The Executive Board
Munich, November 11, 2011
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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 
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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
 

 

 



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