EANS-News: Data Modul AG exceeded the plan in 1st quarter 2012
--------------------------------------------------------------------------------
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
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 ...