EANS-News: Data Modul AG on the road to success: Dividend raises 50 % to 0.60 Euros
22.03.2012 – 07:21
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- annual result/Fiscal Year 2011 München (euro adhoc) - Munich-based Data Modul AG, the European market leader in the field of display technology, ended 2011 with substantial improvements in revenue and profit over 2010. This is based also on the consequent implementation of the innovation- and internationalization strategy with strengthened focus on display solutions and embedded computer. The revenues in 2011 increased by 18.3 % to 140.9 million euros (2010: 119.1 million euros). The significant increase is generated in both business segments. The export ratio reached 36.0 % (2010: 33.8 %). The EBIT increased by 53.0 % to 10.1 million euros. The annual net income jumped 100 % to 7.6 million euros translating into earnings per share of 2.16 euros in 2011 (2010: 1.11 euros). At the Annual Shareholders' Meeting on May 9, 2012, the Executive Board and Supervisory Board will propose to distribute a cash dividend of 0.60 euros. Key Corporate Results of Data Modul AG according to IFRS |Jan. to Dec. (as of Dec. 31) |2011 |2010 |Change in % | |Net revenue (in million euros)|140.9 |119.1 |+ 18.3 | | - Displays (million euros) |85.2 |73.6 |+ 15.5 | | - Systems (million euros) |55.7 |45.5 |+ 22.4 | |EBIT (million euros) |10.1 |6.6 |+ 53.0 | |Order entry (million euros) |139.1 |127.6 |+ 9.0 | |Order backlog (million euros) |68.4 |69.8 |- 2.0 | |Equity ratio in % |55.6 |50.7 |+ 9.7 | |Employees (average for year) |296 |276 |+ 7.2 | |Annual net income (million |7.6 |3.8 |+ 100.0 | |euros) | | | | |Earnings per share (euros) |2.16 |1.11 |+ 94.6 | |Dividend (in euros) |0.60* |0.40 |+ 50.0 | *To be proposed at the Annual Shareholders' Meeting on May 09, 2012 We are convinced, that the future course of business will be sustainable positive. To match the demands of our customers for customer specific system solutions and value added, we increased our research and development costs by 25 % compared to the previous year. The main target course of our activities is further focusing on the display and system business. For the current year we have, due to the recently weaker economic environment, a conservative planning and therefore expect only a slight increase in revenues. The Executive Board Munich, March 22, 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