DGAP-News: InTiCa Systems AG: InTiCa Systems AG publishes the annual report for FY 2011 and confirms the preliminary figures
(firmenpresse) - DGAP-News: InTiCa Systems AG / Key word(s): Final Results
InTiCa Systems AG: InTiCa Systems AG publishes the annual report for
FY 2011 and confirms the preliminary figures
24.04.2012 / 08:59
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CONTACT Walter Brückl | CEO
PHONE +49 (0) 851 - 966 92 - 0
FAX +49 (0) 851 - 966 92 - 15
MAIL investor.relations(at)intica-systems.de
Revenues of EUR 41.5 million and EBIT of EUR 1.2 million confirmed
Net profit amounts to EUR 0.8 million (2010: minus EUR 2.2 million)
For FY 2012 group sales of around EUR 40 million and an EBIT-Margin of
around 3% expected
Passau, April 24, 2012 - InTiCa Systems AG, quoted in the Prime Standard of
the Frankfurt Stock Exchange (ISIN DE0005874846, Ticker IS7), today
publishes the annual report for FY 2011 and confirms the previously
announced preliminary figures. 'InTiCa Systems posted a very pleasing
performance in fiscal 2011: sales increased by around 33% to EUR 41.5
million and EBITDA, which is important for operational management of the
Group, rose to a new record of EUR 6.2 million', comments Walter Brückl,
CEO of InTiCa Systems AG.
Net profit improved significantly year-on-year to EUR 0.8 million (2010:
EUR minus 2.2 million). Earnings per share were EUR 0.20 (2010: minus EUR
0.53).
As expected, business was subdued in the first quarter, with sales
amounting to around EUR 8.9 million (2011: EUR 10.9 million), but InTiCa
Systems still anticipates for the first quarter considerably positive
pre-tax earnings and a further improvement in the liquidity situation.
For the whole of 2012, assuming at least moderate economic growth despite
the difficult situation in the German solar industry and the continued
economic uncertainty, especially in the euro zone, the Board of Directors
currently expects group sales in 2012 to be around EUR 40 million, with an
EBIT margin of around 3%. It also assumes that the group will achieve an
improvement in liquidity in the low single-digit millions range.
The full annual report with the audited statements 2011 is available for
download on the Internet site of InTiCa Systems under www.intica-systems.de
in the Investor Relations section.
InTiCa Systems AG
The Board of Directors
About InTiCa Systems:
InTiCa Systems is a European leader in the development, manufacture and
commercialization of inductive components, passive analogue switching
technology and mechatronic assemblies. It operates in the Automotive
Technology, Communication Technology and Industrial Technology segments and
has ca. 410 employees at its sites in Passau (Germany) and Prachatice
(Czech Republic).
The Automotive Technology segment focuses on innovative products that raise
the comfort and safety of cars, improve the performance of electric and
hybrid vehicles and reduce carbon emissions. InTiCa Systems' Communication
Technology segment is the German market leader in splitters for the
transmission of broadband signals, while the Industrial Electronics segment
develops and manufactures mechatronic assemblies for the solar industry and
other industrial applications.
Forward-looking Statements and Predictions
This press release contains statements and forecasts referring to the
future development of InTiCa Systems AG which are based on current
assumptions and estimates by the management that are made using information
currently available to them. If the underlying assumptions do not
materialize, the actual figures may differ substantially from such
estimates. Future developments and results are in fact dependent on a large
number of factors; they contain different risks and imponderables and are
based on assumptions that may not be accurate. We neither intend not assume
any obligation to update forward-looking statements on an ongoing basis as
these are based exclusively on the circumstances prevailing on the date of
publication.
End of Corporate News
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Language: English
Company: InTiCa Systems AG
Spitalhofstraße 94
94032 Passau
Germany
Phone: 0851 / 96692 0
Fax: 0851 / 96692 15
E-mail: investor.relations(at)intica-systems.de
Internet: www.intica-systems.de
ISIN: DE0005874846
WKN: 587484
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, München, Stuttgart
End of News DGAP News-Service
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166243 24.04.2012
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Datum: 24.04.2012 - 08:59 Uhr
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