EANS-News: Data Modul AG: Dividend of 0.40 Euros and a Bright Outlook
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annual result
München (euro adhoc) - EBIT 6.6 million euros (2009: -0.5 million euros)
Total sales 119.1 million euros +21.2%
Order entry 127.6 million euros +28.7%
Proposed dividend 0.40 eurosMunich-based Data Modul AG, the European market leader in the field of display technology, was back on the road to success in the 2010 financial year. The systematic implementation of its innovation and internationalization strategy, with a major focus on embedded and system integration, has contributed to this success.
Order entry increased by 28.7% to 127.6 million euros (2009: 99.2 million euros). This marked increase was recorded in both business segments, with the Industry segment growing stronger than the Information Systems segment. Order backlog hit a new high at 69.8 million euros. Total sales in the 2010 financial year grew to 119.1 million euros (2009: 98.3 million euros). EBIT (earnings before interest and taxes) rose to 6.6 million euros (2009: minus 0.5 million euros). Annual net earnings went up to 3.8 million euros (2009: minus 2.1 million euros), translating into earnings per share of 1.07 euros in 2010 (based on the number of issued shares of 3,526,182), compared to minus 0.65 euros in 2009 (based on the number of shares of 3,205,620). The export quota was 33.8% (2009: 34.3 %). At the Annual Shareholders' Meeting on May 10, 2011, the Executive Board and Supervisory Board will propose to distribute a cash dividend of 0.40 euros.
Key Corporate Results of Data Modul AG According to IFRS
|Jan. to Dec. (as of Dec. 31) |2010 |2009 |Change | |Total revenue (in mio. euros) |119.1 |98.3 |+ 21.2 % | | - Industry (mio. euros) |104.6 |85.5 |+ 22.2 % | | - Info Systems (mio. euros) |14.5 |12.7 |+ 14.1 % | |EBIT (mio. euros) |6.6 |- 0.5 | | |Order entry (mio. euros) |127.6 |99.2 |+ 28.7 % | |Order backlog (mio. euros) |69.8 |62.7 |+ 11.3 % | |Equity ratio in % |50.7 |50.6 | | |Employees (at year end) |283 |265 |+ 6.8 % | |Annual net earnings(mio.euros)|3.8 |- 2.1 | | |Dividend (in euros) |0.40* |Bonus shares | | | | |10:1 | |
*To be proposed at the Annual Shareholders' Meeting on May 10, 2011
Data Modul benefited from the strong recovery of the industry markets and that is reflected in the high order intake and the order backlog. The industrial consumers in the mechanical engineering and automation technology industry are Data Modul`s major buyers. Due to the success of its portfolio targeting high- margin and less volatile products, Data Modul will continue to demonstrate organic growth in order intake and revenues in the current financial year and achieve a increase in net earnings.
The Executive Board Munich, March 11, 2011
end of announcement euro adhoc --------------------------------------------------------------------------------
Contact:
Barbara Lederer
Tel.: +49 (0)89 56017-105
E-Mail: barbara.lederer@data-modul.com
Branche: Technology
ISIN: DE0005498901
WKN: 549890
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / regulated dealing