DGAP-News: DATA MODUL AG / Key word(s): Half Year Results
DATA MODUL AG: Positive business development in 1st half 2014
07.08.2014 / 07:31
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- Revenues : + 7.4 % to 76,6 million euros
- Order entry: + 6.2 % to 87.1 million euros
- EBIT significantly raised to 4.2 million euros
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.
Revenues increased in the second quarter by 7.4% to 39.1 million euros
(previous year: 36.4 million euros). The Displays business segment achieved
revenues of 22.7 million euros in the second quarter (previous year: 20.8
million euros), whereas the Systems segment saw revenues of 16.4 million
euros (previous year: 15.6 million euros). Order entry in the second
quarter recorded 40.3 million euros (previous year: 35.4 million euros),
totaling 87.1 million euros in the first half-year (previous year: 82.0
million euros). Order backlog increased by 8.9% to 100.4 million euros
(previous year: 92.2 million euros). DATA MODUL's continuing drive toward
international orientation is beginning to show effect, showing an increased
export quota of 41.4% for the first six months of 2014 (previous year:
37.3%).
The first six months of 2014 showed impressively that implementing our
strategy "Fit for Future 2015" was the right decision. Compared to the same
period of 2013, EBIT in accordance with IFRS increased in the first half of
2014 to 4.2 million euros (previous year: 1.0 million euros) and to 2.4
million euros in the second quarter of 2014 (previous year: 0.6 million
euros). The earnings distribution between the two business segments
Displays and Systems proves our strategy as well, recording EBIT for our
business segment Displays for the second quarter of 1.4 million euros
(previous year: 0.7 million euros), while the Systems business segment
contributed 1.0 million euros (previous year: -0.1 million euros). Earnings
before tax (EBT) for the Group were at 4.1 million euros in the first half
of 2014 (previous year: 0.9 million euros). Net income for the same period
was at 2.8 million euros (previous year: 0.2 million euros) resulting in
earnings per share of 0.83 euros for the first half of 2014 (previous year:
0.07 euros).
Key corporate results in accordance with IFRS
<pre>
In mio. euros April - April - Changes Jan. - Jan. - Changes
June June in % June 2014 June 2013 in %
2014 2013
Total Revenues 39.1 36.4 7.4 76.6 69.8 9.7
Displays 22.7 20.8 9.1 45.3 40.4 12.1
Systems 16.4 15.6 5.1 31.3 29.4 6.5
Order Entry 40.3 35.4 13.8 87.1 82.0 6.2
Order Backlog 100.4 92.2 8.9 100.4 92.2 8.9
EBIT 2.4 0.6 300.0 4.2 1.0 320.0
EBT 2.4 0.5 380.0 4.1 0.9 355.6
Net income 1.7 0.2 750.0 2.8 0.2 1,300.0
Investments 0.4 0.4 0.0 0.7 0.8 -12.5
Employees 353 330 7.0 353 330 7.0
Earnings per 0.50 0.07 614.3 0.83 0.07 1,085.7
Share
</pre>
DATA MODUL is looking forward to good business for coming years thanks to
predominantly positive economic expectations in our primary markets and our
strategic business improvements. Increase in sales is expected to reach a
mark larger 5% for fiscal year 2014, subsequently leading to a considerably
improved earnings situation. DATA MODUL expects sustainable value
contributions from productivity measures introduced over the past two years
and plans to improve its competitive standing through strengthening its
international orientation. So DATA MODUL will therefore open its own sales
office in China in the fourth quarter of 2014.
The Executive Board
Munich, August 7, 2014
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Language: English
Company: DATA MODUL AG
Landsberger StraÃe 322
80687 München
Germany
Phone: +49 (0)89 56017-105
Fax: +49 (0)89 56017-102
E-mail: barbara.lederer@data-modul.com
Internet: www.data-modul.com
ISIN: DE0005498901
WKN: 549890
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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281145 07.08.2014
DGAP-News: DATA MODUL AG: Positive business development in 1st half 2014
| Source: EQS Group AG