DGAP-News: MAGIX AG publishes annual report 2011/2012 and preliminary figures for first quarter 2012/2013
(firmenpresse) - DGAP-News: MAGIX AG / Key word(s): Final Results/Quarter Results
MAGIX AG publishes annual report 2011/2012 and preliminary figures for
first quarter 2012/2013
31.01.2013 / 07:33
---------------------------------------------------------------------
Berlin, January 31, 2013 - Today, the Management Board of MAGIX AG (ISIN DE
0007220782) hosted an in-depth online presentation regarding the audited
figures for 2011/2012 as well as the preliminary, unaudited figures for the
first quarter of the current financial year. At the same time, the annual
report 2011/2012 was released.
Influenced by the difficult situation in retail as well as by the drastic
slump in consumer PC sales, the Group revenue sank from EUR 36.1 million to
EUR 28.8 million in the 2011/2012 financial year. The proportion of sales
involving product packages containing third-party hardware and associated
with higher sales costs was reduced further. Simultaneously, the proportion
of revenue coming from software for business customers rose. This had a
positive effect on the gross margin, which further improved from 86% to
87%.
In 2011/2012 the group's earnings before interest and taxes (EBIT) were EUR
2.8 million, and thus 46% below the previous year's value of EUR 5.3
million. The fact that earnings before interest and taxes decreased
comparatively moderately in spite of clear sales losses was due to the fact
that other income came about from liquidation of provisions. Without this
special effect, EBIT would have been EUR -1.0 million.
Thanks to unchanged low interest levels, the financial result reached the
previous year's value of EUR 0.1 million. The Group's net income was EUR
1.9 million, 47% below the previous year's levels. The tax burden rose
slightly from 34% in 2010/2011 to 37%.
With EUR 8.2 million the group achieved 1% higher revenues in the first
quarter of the new financial year than in the previous year (EUR 8.1
million). While direct sales rose considerably the revenues in retail
continued to be poor. The gross margin rose slightly to 87% with a gross
result of EUR 7.1 million (previous year: EUR 7.0 million). The operative
costs as well as amortizations and depreciations were also reduced
slightly. Consequently, the group's EBIT then rose to EUR 0.9 million after
three months (previous year: EUR 0.3 million).
The 2011/2012 annual report can be viewed starting at 9:30 CET on the
company's website ir.magix.com. There you will also find an online
presentation in which Jürgen Jaron, Executive Board Chairman of MAGIX AG,
discusses the key statements of the annual report and presents the
preliminary, unaudited figures of the first quarter of the current,
2012/2013 fiscal year. The company will publish its three-month report on
February 28, 2013.
About MAGIX
MAGIX AG is a management holding with several subsidiaries and offices
around the globe. The subsidiaries have different business models but are
all mainly active in the fields of software, online services and digital
content. The subsidiaries currently have approximately 340 employees.
Contact:
MAGIX AG
Dr. Sven Reichardt
Tel 030-29392280
Fax 030-29392415
ir[at]magix.net
End of Corporate News
---------------------------------------------------------------------
31.01.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the contentof 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: MAGIX AG
Friedrichstraße 200
10117 Berlin
Germany
Phone: +49 (0)30- 29 39 2-280
Fax: +49 (0)30- 29 39 2-415
E-mail: ir(at)magix.net
Internet: www.magix.com
ISIN: DE0007220782
WKN: 722078
Indices: Prime Software, Prime IG Software
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
200197 31.01.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 31.01.2013 - 07:33 Uhr
Sprache: Deutsch
News-ID 224736
Anzahl Zeichen: 5581
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 283 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: MAGIX AG publishes annual report 2011/2012 and preliminary figures for first quarter 2012/2013"
steht unter der journalistisch-redaktionellen Verantwortung von
MAGIX AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
