10.11.2015 Viscom AG  DE0007846867

DGAP-News: Viscom AG: Viscom AG continues on growth path in the third quarter - management confirms forecast for the 2015 financial year


 
DGAP-News: Viscom AG / Key word(s): 9-month figures/Interim Report Viscom AG: Viscom AG continues on growth path in the third quarter - management confirms forecast for the 2015 financial year 10.11.2015 / 07:50 --------------------------------------------------------------------- Viscom AG continues on growth path in the third quarter - management confirms forecast for the 2015 financial year - Incoming orders: EUR 47,804 thousand (previous year: EUR 46,142 thousand, +3.6 %) - Revenue: EUR 47,476 thousand (previous year: EUR 41,767 thousand, +13.7 %) - EBIT: EUR 5,288 thousand (previous year: EUR 5,140 thousand, +2.9 %) - EBIT-Margin: 11.1 % (previous year: 12.3 %) Hanover, 10 November 2015 - Viscom AG (ISIN DE0007846867), the European market leader for automated optical inspection systems for the electronics industry, continued on its growth path in the third quarter of 2015. At EUR 47.8 million, order intake in the first nine months of 2015 was up approximately 4 % on the previous year's record figure. Revenue even increased by around 14 %, from EUR 41.8 million to EUR 47.5 million, setting yet another record for the first nine months of a financial year. In order to strengthen and expand its position with major customers in the face of global competition, Viscom has made investments in personnel over the past few months. The mere slight year-on-year improvement in EBIT for the first nine months of 2015 despite the significant increase in revenue is attributable in part to these investments. By the close of the quarter, the EBIT-Margin amounted to 11.1 %, compared to 12.3 % in the previous year's period. During the first nine months of the current financial year, Viscom Group generated revenue of EUR 47,476 thousand, which is an increase of 13.7 % compared to the previous year's level (previous year: EUR 41,767 thousand). Operating profit (EBIT) amounted to EUR 5,288 thousand (previous year: EUR 5,140 thousand). This corresponds to an EBIT-Margin of 11.1 % (previous year: 12.3 %). Net profit for the period declined from EUR 3,945 thousand in the previous year's period to EUR 3,201 thousand. Taxes on income booked in the first half of the year for previous years had a particularly negative impact on net profit for the period. Accounting for 62.4 % of revenue, Europe continued to be Viscom Group's strongest region by far and generated revenue of EUR 29,647 thousand in the first nine months of the 2015 financial year (previous year: EUR 27,808 thousand). The segment result in Europe amounted to EUR 4,084 thousand (previous year: EUR 3,941 thousand), thereby remaining on par with the high level achieved in the previous year. The EBIT-Margin decreased slightly from 14.2 % in 2014 to 13.8 % as a result of an increase in personnel during the first nine months of 2015 in line with strategic objectives. The positive business performance recorded during the first half of the year in the Americas region continued in the third quarter. Market conditions in this region continued to be characterised by strong demand from the automotive electronics production industry. New production lines and the upgrading of existing systems were responsible for the robust revenue. A number of sales successes were also achieved in the area of industrial and medical electronics with small and medium-sized service providers in the US. Intensified activities in the Computer, Communication and Consumer (3C) sector by globally operating EMS also continue to suggest further growth. At EUR 8,419 thousand, revenue was up by approximately 30 % year on year (previous year: EUR 6,486 thousand). The segment result in this region was below the previous year's period at EUR 761 thousand (previous year: EUR 939 thousand). The EBIT-Margin, which was 14.5 % in the previous year's period, amounted to 9.0 %. This decrease was particularly caused by the increased material costs due to the structure of realised revenue. In Asia, the generally optimistic business environment of the first quarter of 2015 became considerably more reserved during the second quarter. The trend towards caution continued into the third quarter. Despite this general market trend, Viscom was able to increase revenue in this segment by approximately 26 % year on year. Major orders were also gained in the Computers, Communication and Consumer (3C) sector, although affected by tough competition. The fourth quarter will be defined by a few larger projects. Order issue is, however, dependent on further economic development. Group revenue in Asia amounted to EUR 9,410 thousand, up 26 % year on year (previous year: EUR 7,473 thousand). The segment result in Asia was a satisfying EUR 873 thousand (previous year: EUR 337 thousand). Accordingly, the EBIT-Margin amounted to 9.3 % (previous year: 4.5 %). The strong demand for services during the first nine months of the current financial year was particularly encouraging. The Service business area made a major contribution to total order intake for the Group, accounting for approximately 21 %. Renovation and modernisation, in particular in the form of computer and sensor technology updates, accounted for the largest share of business in this area. Viscom was also able to optimise in-house training for service technicians this year and qualify two employees as "Certified Trainers" in order to ensure uniform and structured training expertise. The Group stands out against the competition with its extensive range of services offered as individual support packages that provide targeted worldwide support seven days a week, 24 hours a day. Overall, Viscom Group was able to continue on its growth path during the first nine months of the current financial year. The management of Viscom AG therefore affirms its forecast for the 2015 financial year of revenue of between EUR 62 and EUR 67 million with an EBIT-Margin of 13 % to 15 %. The Interim Report as of 30 September 2015 is now available on the company website www.viscom.com/europe under Investor Relations. OPERATING FIGURES

Consolidated income statement           01.01.-30.09.2015 01.01.-30.09.2014
Revenue                            KEUR            47,476            41,767
EBIT                               KEUR             5,288             5,140
EBIT-Margin                           %              11.1              12.3
Net profit for the period          KEUR             3,201             3,945
Earnings per share                  EUR              0.36              0.44
Employees at the end of the                           365               320
quarter



Consolidated balance sheet                          30.09.2015   31.12.2014
Assets
Current assets                               KEUR       47,898       55,365
Non-current assets                           KEUR        9,869        9,093
Total assets                                 KEUR       57,767       64,458
Liabilities
Current liabilities                          KEUR        7,999        9,264
Non-current liabilities                      KEUR        1,547        1,610
Shareholders' equity                         KEUR       48,221       53,584
Total shareholders' equity and liabilities   KEUR       57,767       64,458
Equity ratio                                    %         83.5         83.1



Consolidated cash flow statement                 01.01.-         01.01.-
                                                 30.09.2015      30.09.2014
Cash flow from operating               KEUR           1,228          -1,124
activities
Cash flow from investing               KEUR          -1,760          -1,546
activities
Cash flow from financing               KEUR          -8,944         -15,104
activities
Cash and cash equivalents at end       KEUR           7,638          11,685
of period


SEGMENT INFORMATION

                                      01.01.-30.09.2015  01.01.-30.09.2014
EUROPE
Revenue                         KEUR             29,647             27,808
EBIT                            KEUR              4,084              3,941
EBIT-Margin                        %               13.8               14.2
AMERICAS
Revenue                         KEUR              8,419              6,486
EBIT                            KEUR                761                939
EBIT-Margin                        %                9.0               14.5
ASIA
Revenue                         KEUR              9,410              7,473
EBIT                            KEUR                873                337
EBIT-Margin                        %                9.3                4.5
Consolidation differences EBIT  KEUR               -430                -77


Any forecasts, expectations or forward-looking statements included in this report may carry risks and uncertainties. We therefore cannot guarantee that these assumptions will turn out to be correct. Actual results and developments may vary significantly from the forecasts and assumptions made in this report. Factors that may lead to such deviations include changes to the general economic development and competitive position, exchange rate and interest rate fluctuations as well as amendments to national and international laws. The Company does not assume any responsibility for updating the statements contained in this report. Contact: Viscom AG Investor Relations Anna Borkowski Carl-Buderus-Str. 9-15 30455 Hannover Tel.: +49-511-94996-861 Fax: +49-511-94996-555 [email protected] --------------------------------------------------------------------- 10.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: Viscom AG Carl-Buderus-Strasse 9-15 30455 Hannover Germany Phone: +49 (0) 511 94 996 861 Fax: +49 (0) 511 94 996 555 E-mail: [email protected] Internet: www.viscom.de ISIN: DE0007846867 WKN: 784686 Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------- 410395 10.11.2015


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 88,54 93,56 88,86 61,56 79,79 105,52 118,78
EBITDA1,2 15,90 12,92 9,02 -0,77 10,07 14,95 13,20
EBITDA-Marge3 17,96 13,81 10,15 -1,25 12,62 14,17
EBIT1,4 13,83 10,94 4,02 -5,98 4,20 8,19 6,61
EBIT-Marge5 15,62 11,69 4,52 -9,71 5,26 7,76 5,57
Jahresüberschuss1 9,07 7,81 3,10 -4,41 2,59 5,37 3,14
Netto-Marge6 10,24 8,35 3,49 -7,16 3,25 5,09 2,64
Cashflow1,7 12,75 1,23 7,30 10,26 -3,90 -1,69 6,18
Ergebnis je Aktie8 1,02 0,88 0,35 -0,50 0,29 0,60 0,34
Dividende8 0,60 0,45 0,05 0,00 0,20 0,30 0,45
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Viscom
WKN Kurs in € Einschätzung Börsenwert in Mio. €
784686 5,420 Halten 48,89
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,29 24,93 0,46 11,81
KBV KCV KUV EV/EBITDA
0,82 7,91 0,41 5,63
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,30 0,05 0,92 29.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
22.05.2024 08.08.2024 14.11.2024 26.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-9,41% -28,82% -32,25% -48,38%
    
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Inspektionssysteme , 784686 , V6C , XETR:V6C