DGAP-News: euromicron AG: euromicron remains on track - Stable and successful operational business in the first half of 2012
(firmenpresse) - DGAP-News: euromicron AG / Key word(s): Half Year Results
euromicron AG: euromicron remains on track - Stable and successful
operational business in the first half of 2012
10.08.2012 / 07:26
---------------------------------------------------------------------
- Consolidated sales: Up around 19% to EUR152.8 million
- Consolidated EBIT: Increase by around 12% to EUR9.7 million
- New orders and order books remain at a good level within expectations
- Sales and earnings targets confirmed
Frankfurt/Main, August 10, 2012 - euromicron AG remains on course for
growth thanks to successful and stable operational business in the first
half of 2012. Increases in efficiency, cost reductions and leveraging of
synergy effects are the main intermediate results of this phase in the
company's development, in which the focus is on integration and
professionalization of corporate and personnel structures.
In particular, merger of telent GmbH with the listed euromicron AG is going
according to plan. Customers and employees are increasingly acknowledging
the cooperation between euromicron's companies, with their medium-sized
setup, and telent with its powerful structures. The strong contribution
made by telent's business also means overall that euromicron is
participating more extensively in large projects and is thus boosting its
system business, which is seasonal in nature given that value-added
services are traditionally performed and projects in progress invoiced in
the second half of the year. This is due as usual to the fact that many key
accounts, in particular those in telent GmbH's arena, increasingly do not
award contracts until the second half of the year after projects have been
jointly conceived and negotiated in the first half. That increasingly
impacts the euromicron Group's order situation, with orders being placed to
a greater extent in the second half of the year than was previously the
case, although this does not weaken the company's overall performance.
The Executive Board anticipated this development as part of consolidation
of telent and remains positive about the second half of the year in view of
the company's good business performance thus far. 'We are convinced that,
with a business model geared toward sustainable growth and our clear
strategic orientation coupled with a secure basis for financing and a
equity ratio that remains solid, we can achieve our sales and earnings
targets and ensure the long-term further development of our company,'
states Dr. Willibald Späth, Chairman of the Executive Board.
Consolidated sales At June 30, 2012, euromicron generated consolidated
sales of EUR152.8 million, around 19% up on the EUR128.3 million at the
same time in the previous year.
Consolidated income In the first half of fiscal 2012, euromicron posted
consolidated income before interest and taxes of around EUR9.7 million
(previous year: EUR8.6 million), an increase of 11.9% over the same period
in 2011. Operating income of the associated companies was as expected:
Around EUR12.4 million, compared with EUR11.9 million in the previous year.
Despite the fact that new shares were issued in the final quarter of 2011,
undiluted earnings per share were EUR0.82 (previous year: EUR0.95).
Order situation at the Group In line with the change in project and
customer structures toward large projects and so an intensification of the
seasonal course of business where services are mainly performed in the
second half of the year, orders books are - as expected - lower at EUR122.7
million (the previous year's figure of EUR146.9 million, which is not
comparable due to the different fiscal year, fully included takeover of
telent's business). New orders for the first half of the year totaled
EUR148.0 million (previous year: EUR156.1 million), i.e. still at a very
good level.
Balance sheet structure The euromicron Group's total assets at June 30,
2012, were EUR281.1 million, up by around EUR15 million from December 31,
2011 (EUR265.7 million).
Personnel 1,597 persons were employed by the euromicron Group as of June
30 of fiscal 2012. Personnel costs totaled EUR43.4 million (previous year:
EUR32.9 million).
Equity Equity at June 20, 2012, is EUR118.0 million after payment of the
dividend of EUR7.7 million and around EUR2.2 million below the level at
December 31, 2011. The equity ratio after the first half of the year is
thus 42.0%. The lower equity compared with that in the 2011 financial
statements is mainly attributable to the dividend payment and, as in
previous years, can be regarded as temporary.
euromicron's share euromicron's share started the first day of trading in
the second quarter very well at EUR22.61 and constantly performed above the
EUR20 mark in April. In May and June, it was no longer able to buck the
general market pressure. In an internationally extremely volatile stock
market climate, the share was priced between EUR18 and EUR20 in May. By the
end of the 2nd quarter, it moved well above EUR20 for a while and remained
stable at this level near to the EUR20 mark.
Outlook
euromicron AG will continue to work further on optimizing and integrating
its corporate and personnel structures in the second half of 2012 so as to
leverage potential in the market in an even more focused manner.
To enable this, the Group will press ahead with its continuous improvement
process, which comprises among other things various employee qualification
and recruitment programs, adaptation of processes to market requirements,
optimization of cost structures and stronger investment in new products,
further development of existing ones, and efficient production processes
and methods. By establishing cross-organizational Competence Centers,
topics and solutions which the company is convinced will reap success will
be marketed and presented to interested customers to an even greater
extent.
In addition, euromicron will continue to seize worthwhile opportunities to
expand its business model, take over qualified teams, technologies and
market access or patents from the market and integrate them in the Group.
Several smallish specialist companies are currently being examined and, if
the outcome is positive, could be included in the euromicron Group.
In the current fiscal year 2012, euromicron aims to achieve a sales target
of EUR330 to EUR345 million and an EBIT return at the Group level of 8 to
11 percent.
'Our operational business is successful and stable. Having increased sales
by around 19% and earnings by some 12% in the first half of the year,
euromicron remains on course,' says Dr. Späth. Given the change in project
and customer structures, Späth points out the following trend as part of
the outlook: 'In 2013 and the years after, we assume that there will be an
even huger shift in business toward the 2nd half of the year. We are
getting ready for that, gearing our financing and backup processes in sales
to it and making our reporting even more transparent for our shareholders
with regard to this change.'
You can find the 2012 half-yearly report as of August 10, 2012, on our
homepage at http://www.euromicron.de/finanzberichte.
euromicron AG (www.euromicron.de) is an all-round solution provider for
communications, transport, data and security networks. euromicron's network
infrastructures integrate voice, video and data transport wirelessly, via
copper cable and by means of fiber-optic technologies. euromicron builds
its leading applications, such as security, control, healthcare or
surveillance systems, on the basis of these cutting-edge network
infrastructures.
Founded on its expertise as a developer and producer of fiber-optic
components, euromicron AG is a strongly growing, highly profitable group
that is listed on the stock market, has a medium-sized character and
focuses on operational growth, integration and further market penetration,
internationalization and expansion.
__________________________________________________________________________
Contact:
euromicron AG
Investor&Public Relations
Speicherstr. 1
60327 Frankfurt/Main
Germany
Phone: +49 (0)69-631583-0
Fax: +49 (0)69-631583-17
E-mail: IR-PR(at)euromicron.de
http://www.euromicron.de
ISIN DE000A1K0300
Securities identification number A1K030
End of Corporate News
---------------------------------------------------------------------
10.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: euromicron AG
Speicherstr. 1
60327 Frankfurt
Germany
Phone: +49(0) 69 631583-0
Fax: +49(0) 69 631583-20
E-mail: info(at)euromicron.de
Internet: www.euromicron.de
ISIN: DE000A1K0300
WKN: A1K030
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
181217 10.08.2012
Themen in dieser Pressemitteilung:
euromicron-ag-euromicron-remains-on-track
stable-and-successful-operational-business-in-the-first-half-of-2012
Unternehmensinformation / Kurzprofil:
Datum: 10.08.2012 - 07:26 Uhr
Sprache: Deutsch
News-ID 173517
Anzahl Zeichen: 9758
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 215 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: euromicron AG: euromicron remains on track - Stable and successful operational business in the first half of 2012"
steht unter der journalistisch-redaktionellen Verantwortung von
euromicron AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
