DATA MODUL impresses with strong first quarter despite persistently challenging market conditions

- Sales increase by 31.7% in the first quarter compared to previous year’s quarter

- Order entry of EUR 68.6m, exceeding previous year by 8.9%

- EBIT of EUR 4.2m in the first quarter marks rise of 36.7% compared to previous year

- Profit per share of EUR 0.94, increased by 71.5%

Munich, 10 May 2022 – DATA MODUL continued to impress with a successful first quarter within an economic environment noticeably affected by Russia’s offensive war. Compared to Q1 of the previous fiscal year, sales increased significantly by 31.7% to an amount of EUR 63.3m. Order entry increased by 8.9% to a quarterly figure of EUR 68.6m. Consequently, the order backlog of EUR 172.6m is above the previous year’s level of EUR 143.0m and reflects the ongoing allocation of materials and scarcity of resources on the procurement side. Overall, DATA MODUL closes the first quarter with an EBIT figure of EUR 4.2m, significantly exceeding previous year’s Q1 level.

Group-wide key performance indicators

Outlook
DATA MODUL faces challenging economic conditions caused by the noticeable effects of the Russia-Ukraine war on the global economy. However, due to the sustainable and consequent realization of its strategy, the Group is well prepared for tight economic conditions even in times of crisis and looks ahead with confidence. Based on the level of current orders the Executive Board expects a good fiscal year 2022 as long as recovery and catch-up effects materialize following the elimination of the Corona measures going along with a normalization of supply chains and material availability.