EANS-News: Data Modul AG exceeded the plan in 1st quarter 2012
08.05.2012 – 08:32
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- quarterly report München (euro adhoc) - - EBIT 2,1 million euros - Earnings per Share 0.43 euros up 10.3 % - Net Revenue 35.8 million euros up 3.8 % - Order Entry 45.8 million euros up 10.4 % For the Munich-based Data Modul AG, the European market leader in the field of display technology, the first quarter of 2012 proved to be a good start into the new fiscal year for Data Modul. Compared to the same quarter of the previous year, revenue increased to 35.8 million euros. There was also a positive trend in the volume of orders, with an increase of 10.4% over the first quarter of last year to 45.8 million euros. The continued positive mood in Germany, our main market, as well as the upward trend at our successful foreign subsidiaries determined this development. Thus, we have achieved our most important goal of delivering consistently positive results. EBIT for the first quarter of the current year is 2.1 million euros (2011: 2.1 million euros). In the first quarter, net income increased by 7.1% to 1.5 million euros, translating to earnings per share of 0.43 euros (based on a total number of shares of 3,518,602) (2011: 0.39 euros). Key Corporate Results of Data Modul AG according to IFRS |Jan.to March (as of March 31) |2012 |2011 |Change | |Net revenue (in million euros)|35.8 |34.5 |+3.8 % | | - Displays (million euros) |21.3 |21.7 |(1.8) % | | - Systems (million euros) |14.5 |12.8 |+13.3 % | |Order entry (million euros) |45.8 |41.5 |+10.4 % | |Order backlog (million euros) |78.4 |74.9 |+4.7 % | |EBIT (million euros) |2.1 |2.1 |0.0 | |Net income (million euros) |1.5 |1.4 |+7.1 % | |Capital expenditures |0.4 |0.4 |0.0 % | |Employees (average for year) |306 |289 |+5.9 % | |Earnings per share (euros) |0.43 |0.39 |+10.3 % | |Based on number of shares |3,518,602 |3,526,182 | | Data Modul will continue to grow its R&D activities in 2012 and will prepare its production and logistics center in Weikersheim for future growth. Even though these investments may have a short-term impact on our earnings, we will have prepared for our future success. Our shareholders will also benefit from Data Modul's bright future, as the current development of our business and encouragement from analysts and investors alike clearly indicate great potential for our market capitalization. The Executive Board Munich, May 8, 2012 ----------------------- Press Release Data Modul AG Landsberger Str. 322 Telephone +49 89 56017-105 Fax +49 89 56017-102 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: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated dealing: München, regulated dealing/prime standard: Frankfurt language: English