DATA MODUL difies COVID-19 with good first quarter results

- Rise in Q1-sales by 5.5% compared to the previous year

- Bookings at EUR 63.0m mark a rise of 11.9% compared to last year's Q1

- Stable high order backlog reaches EUR 143m

- Q1-EBIT of EUR 3.1m levels last year's Q1 result

Munich, 6 May 2021 - DATA MODUL could mark a rise in sales despite continuously challenging markets caused by the COVID-19 pandemic. Compared to Q1 of the previous fiscal year, sales increased by 5.5% to reach a total amount of EUR 48m. Concerning bookings, the company achieved a significant plus of 11.9% to reach a quarterly figure of EUR 63m. Order backlog remained strong with a slight decrease to EUR 143m compared to EUR 143.7m of the previous year's first quarter, thereby mirroring continued tendencies of customers to shift delivery dates backwards. The stable high order backlog is also caused by a tightened allocation of materials and a scarcity of resources on the supply side. All in all and with an EBIT figure of EUR 3.1m, DATA MODUL essentially reaches the performance level of previous year's Q1.

Group-wide key performance indicators

Forecast
Like many others also DATA MODUL faces a challenging economic environment caused by the continued COVID-19 pandemic and the measures taken to contain it. Due to the sustainable and consequent realization of its strategy, the company is well prepared for tight economic conditions even in times of a world-wide crisis and looks ahead with confidence. Based on the level of current orders the Executive Board expects a satisfying fiscal year of 2021 for DATA MODUL so long as recovery and catch-up effects, fuelled by the billions of economic stabilization programs, materialize in the second half of 2021.