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Data Modul AG
Data Modul AG
08/09/2012 | Press release
Press Information for the Results in 1st half 2012
distributed by noodls on 08/09/2012 02:20
Press Information for the Results in 1st half 2012
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.
Revenue in the first half of 2012 was 70.5 million euros (previous year: 69.8 million euros) with 34.7 million euros attributable to the second quarter (previous year: 35.2 million euros). The Displays segment generated revenues of 19.1 million euros while the Systems segment generated revenues of 15.6 million euros. Order entry in the second quarter of 2012 was at 36.4 million euros. In the first half of 2012, order entry increased by 4.1% to 82.2 million euros. Order backlog remains high, and increased by 6.9% to 81.8 million euros.
In keeping with continued positive sales trends, EBIT according to IFRS increased by 4.1% to 5.1 million euros in the first half of 2012 (previous year: 4.9 million euros); EBIT in the second quarter of 2012 increased by 7.1% to 3.0 million euros (previous year: 2.8 million euros). The Displays business segment contributed 1.5 million euros (previous year: 1.8 million euros) and the Systems business segment contributed 1.5 million euros (previous year: 1.0 million euros). EBIT yield for the second quarter of 2012 was 8.6% (previous year: 8 %). Net income for the first half of 2012 amounts to 3.5 million euros (previous year: 3.6 million euros) resulting in earnings per share of 1.00 euro for the first half of 2012 (previous year: 1.02 euros).
For 2012, Data Modul expects distinctly positive earnings and an increase in revenue. We are very well positioned and are largely independent of individual markets and therefore able to compensate for any market volatility. The upturn in the U.S.A. and Germany, our most important markets, will be the driver for our business, compensating for the difficult business environment in southern Europe. Data Modul will continue to grow its R&D activities in 2012 and will prepare its production and logistics center in Weikersheim for future growth. Even though these investments may have a short-term impact on our earnings, we have laid the groundwork for our future success.
The Executive Board
Munich, August 09, 2012
