DGAP-News: DATA MODUL AG: 2013 will be a year of transition
(firmenpresse) - DGAP-News: DATA MODUL AG / Key word(s): Half Year Results
DATA MODUL AG: 2013 will be a year of transition
07.08.2013 / 17:47
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DATA MODUL increased in the 2nd quarter 2013 revenues by plus 4.9 %.
EBIT still burdened as expected.
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 for the first half of the current year amounted to 69.8 million
euros (previous year: 70.5 million euros) and increased in the second
quarter by 4.9% to 36.4 million euros (previous year: 34.7 million euros).
The Displays business segment achieved revenues of 20.8 million euros in
the second quarter (previous year: 19.1 million euros), whereas the Systems
segment saw revenues of 15.6 million euros (previous year: 15.6 million
euros). Order entry in the second quarter was 35.4 million euros (previous
year: 36.4 million euros), totaling 82.0 million euros in the first half of
the current year (previous year: 82.2 million euros). Order backlog
increased by 12.7% to 92.2 million euros (previous year: 81.8 million
euros) because of the continuing delay in our customers' order call-offs.
DATA MODUL's drive toward international orientation is beginning to show
effect. Thus the export quota increased to 37.3% in the first six months of
2013 (previous year: 31.2%).
Compared to the same period of 2012, EBIT in accordance with IFRS decreased
in the first half of 2013 to 1.0 million euros (previous year: 5.1 million
euros) and to 0.6 million euros in the second quarter (previous year: 3.0
million euros). Delayed order call-offs affected the system solutions
business in particular and were due to generally weak investing activities
in the eurozone countries. Thus the Systems business segment contributed to
EBIT with -0.1 million euros in the second quarter (previous year: 1.5
million euros), whereas the Displays business segment contributed 0.7
million euros (previous year: 1.5 million euros). Earnings before tax (EBT)
for the Group were at 0.9 million euros in the first half of 2013 (previous
year: 4.9 million euros). Net income for the same period was at 0.2 million
euros (previous year: 3.5 million euros) resulting in earnings per share of
0.07 euros for the first half of 2013 (previous year: 1.00 euros).
Key corporate results in accordance with IFRS
April - April - Changes Jan. - Jan. - ChangesDespite the slow overall development in the global markets and the
June June in % June June in %
In mio. euros 2013 2012 2013 2012
Total Revenues 36.4 34.7 4.9 69.8 70.5 (1.0)
Displays 20.8 19.1 8.9 40.4 40.4 0.0
Systems 15.6 15.6 0.0 29.4 30.1 (2.3)
Order Entry 35.4 36.4 (2.7) 82.0 82.2 (0.2)
Order Backlog 92.2 81.8 12.7 92.2 81.8 12.7
EBIT 0.6 3.0 (80.0) 1.0 5.1 (80.4)
EBT 0.5 2.9 (82.8) 0.9 4.9 (81.6)
Net income 0.2 2.0 (90.0) 0.2 3.5 (94.3)
Investments0.4 0.7 (42.9) 0.8 1.2 (33.3)
Employees 330 309 6.8 330 309 6.8
Earnings per Share 0.07 0.57 (87.7) 0.07 1.00 (93.0)
continuing hesitant order call-offs from our customers, DATA MODUL
anticipates revenues for the fiscal year 2013 to be slightly higher than
last year's levels. Higher cost incurred for the relocation of production
facilities, warehousing and the logistics center from Munich to Weikersheim
as well as the change of our business model will increase our expenditures
for the current year. We will also continue to drive the international
orientation of our company. As a result, profit in 2013 is expected to drop
below previous year's levels. Thus - as mentioned previously - the fiscal
year 2013 constitutes a year of transition. However, all these activities
have to be seen as building blocks of DATA MODUL's future success.
The Executive Board
Munich, August 8, 2013
End of Corporate News
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07.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: DATA MODUL AG
Landsberger Straße 322
80687 München
Germany
Phone: +49 (0)89 56017-105
Fax: +49 (0)89 56017-102
E-mail: barbara.lederer(at)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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224762 07.08.2013
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Datum: 07.08.2013 - 17:47 Uhr
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