08.05.2018
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen DE0005498901
DGAP-News: DATA MODUL gaining momentum after a slow start to 2018
DGAP-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von
elektronischen Systemen / Key word(s): Quarter Results
DATA MODUL gaining momentum after a slow start to 2018
08.05.2018 / 07:00
The issuer is solely responsible for the content of this announcement.
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DATA MODUL gaining momentum after a slow start to 2018
- New orders up 7.5% to 69.2 million euros
- Revenue even with the previous year at 57.5 million euros
- EBIT of 4.0 million euros after negative currency effects and higher
personnel expenses
- EBIT margin of 7.0% within the target corridor
Munich, May 8, 2018. DATA MODUL started out the year somewhat modestly but
business accelerated in the course of the first quarter. The record
first-quarter profit in 2017, which resulted from one-time items, was not
reached, but revenue stabilized at the previous year's strong level in line
with expectations. New orders rose handsomely as well, up 7.5% from 64.4
million euros in the previous year to 69.2 million euros. EBIT declined
versus the previous year's record Q1 result on negative currency effects and
higher personnel expenses, but exceeded the mark for the last three quarters
at 4.0 million euros. EBIT margin was thus within the company's target range
at 7.0% (previous year: 9.5%). Following an excellent book-to-bill ratio of
1.2, order backlog rose 9.2% to 118.5 million euros (previous year: 108.5
million euros).
Group Key Figures
in kEUR Q1 2018 Q1 2017 Change
Revenue 57,487 58,039 -1.0%
Orders received 69,157 64,350 7.5%
Order backlog 118,474 108,525 9.2%
EBIT 4,003 5,507 -27.3%
EBIT margin 7.0% 9.5% -26.3%
Net profit for the period 2,845 3,685 -22.8%
Earnings per share (in euros) 0.81 1.05 -22.9%
Outlook
Favorable economic conditions and continuing systematic execution on our
strategy program make us confident that the full fiscal year will be a
successful one. The momentum regained in the first quarter is expected to
remain steady throughout the year, as we will be laying the groundwork for
further growth through forward-looking staffing policies and by making
investments in our future. In view of good order flow, the Executive Board
anticipates that the company will gain further momentum to record solid
results for the full year 2018.
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08.05.2018 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.
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Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von
elektronischen Systemen
Landsberger Straße 322
80687 München
Germany
Phone: +49 (0) 89 56017-105
Fax: +49 (0) 89 56017-102
E-mail: [email protected]
Internet: www.data-modul.com
ISIN: DE0005498901
WKN: 549890
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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683119 08.05.2018
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