EANS-News: Data Modul AG with strong order entry in the third quarter 2012
08.11.2012 – 08:22
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- quarterly report Subtitle: Revenue at Systems business unit plus 20.9 % München (euro adhoc) - 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. DATA MODUL has confirmed the positive trend of the first two quarters in its earnings of the third quarter of 2012. We have continued developing our business model to become an intelligent systems solutions supplier with very promising results. In the third quarter of the current financial year, order entry increased by 11.4% to 37.2 million euros. Compared to the same quarter of the previous year, revenue increased slightly to 35.2 million euros. EBIT for the third quarter of the current year is 2.2 million euros and totals 7.3 million euros for the first nine months of this year. Net income for the period has risen significantly, reaching the 2.9 million euros mark for the third quarter of 2012 (previous year: 1.6 million euros) and totaling 6.4 million euros for the first nine months of the current year (previous year: 5.2 million euros). Earnings per share in the third quarter of the current financial year amount to 0.82 euros (previous year: 0.46 euros) and total 1.83 euros for the first nine months of the current year (previous year: 1.47 euros). Key corporate results according IFRS |In mio. euros |Juli to |Juli to |Changes |Jan. to |Jan. to |Changes | | |Sept. |Sept. |in % |Sept. |Sept. |in % | | |2012 |2011 | |2012 |2011 | |Total Revenues |35.2 |35.1 |0.3 |105,7 |105,0 |0.7 | | Displays |19.0 |21.7 |(12.4) |59,5 |65,0 |(8.5) | | Systems |16.2 |13.4 |20.9 |46,2 |40,0 |15.5 | |Order Entry |37.2 |33.4 |11.4 |119.4 |112.4 |6.2 | |Order Backlog |83.7 |77.0 |8.7 |83.7 |77.0 |8.7 | |EBIT |2.2 |2.6 |(15.4) |7.3 |7.5 |(2.7) | |EBIT yield |6.3 % |7.4 % |(14.9) |6.9 % |7.1 % |(2.8) | |EBT |2.1 |2.4 |(12.5) |7.0 |7.1 |(1.4) | |Net income |2.9 |1.6 |81.3 |6.4 |5.2 |23.1 | |Investments |0.8 |0.3 |166.7 |2.0 |1.2 |66.7 |Employees |322 |299 |7.7 |322 |299 |7.7 |Earnings/share (in |0.82 |0.46 |78.3 |1.83 |1.47 |24.5 |euros) | | | | | | | Despite rather modest overall developments of the global markets, DATA MODUL expects revenues for the current year to remain at previous year's level. We are very well positioned and are largely independent of individual markets and therefore able to compensate for any market volatility. The upturn in the USA and Germany, our most important markets, will be the driver for our business, compensating for the difficult business environment in southern Europe. 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 have laid the groundwork 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 indicates potential for our market capitalization. The Executive Board Munich, November 8, 2012 ----------------------- 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: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated dealing: München, regulated dealing/prime standard: Frankfurt language: English