DGAP-News: DATA MODUL AG with a clear improvement in

DGAP-News: DATA MODUL AG / Key word(s): Quarter Results DATA MODUL AG with a clear improvement in earnings in the 3rd Quarter of 2013 07.11.2013 / 07:55 --------------------------------------------------------------------- DATA MODUL with a clear improvement in earnings in the 3rd Quarter of 2013 Strong momentum in order entry continues 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. As already forecast in the half-year report, DATA MODUL's business experienced a noticeable boost in the third quarter of 2013. Revenues increased 5.4% to 37.1 million euros and confirmed the positive trend that began in the second quarter of 2013. Thereby, the Systems segment made the most significant contribution to this growth, as planned, with an increase of 9.3% to 17.7 million euros (previous year: 16.2 million euros). The revenues of the Displays segment were 2.1% above those of the previous year and amounted to 19.4 million euros (previous year: 19.0 million euros). The further advance in our internationalisation showed great success and recorded an increase in the export quota to 39.2% in the first nine months of 2013 (previous year: 30.0%). EBIT developed particularly well and in the third quarter compared to the prior year and grew 4.5% to 2.3 million euros. The results improved dramatically in comparison to the first two quarters which were still strongly influenced by the reluctance of customers to call their orders. The strong momentum in order entry continued in the third quarter of 2013 with an increase of 9.7% to 40.8 million euros. As a result, the order backlog of 94.9 million euros (previous year: 83.7 million euros) was at a new record in the Company's history. Key corporate results in accordance with IFRS <pre> July - July - Changes Jan. - Jan. - Changes Sept. Sept. in Sept Sept in in million euros 2013 2012 % 2013 2012 % Total Revenues 37.1 35.2 5.4 % 106.9 105.7 1.1 % Displays 19.4 19.0 2.1 % 59.8 59.5 0.5 % Systems 17.7 16.2 9.3 % 47.1 46.2 1.9 % Order Entry 40.8 37.2 9.7 % 122.8 119.4 2.8 % Order Backlog 94.9 83.7 13.4 % 94.9 83.7 13.4 % EBIT 2.3 2.2 4.5 % 3.3 7.3 (54.8) % EBT 2.2 2.1 4.8 % 3.1 7.0 (55.7) % Net income 1.5 2.9 (48.3) % 1.7 6.4 (73.4) % Investments 0.6 0.8 (25.0) % 1.4 2.0 (30.0) % Employees 332 322 3.1 % 332 322 3.1 % Earnings per 0.43 0.82 (47.6) % 0.50 1.83 (72.7) % Share </pre> As we have already stated, 2013 will be a transition year for DATA MODUL and a year which will be affected by upfront investments in future growth. On the cost side, higher expenses will be incurred due to the Group's reorganisation and a transformation of the business model towards the higher value and stronger growing Systems business. Therefore, DATA MODUL expects the results in 2013 to be lower than in the previous year. Nonetheless, the uncertainty among customers which was still visible in the first half of the year has considerably decreased since summer. We expect this trend to continue throughout the remainder of the year. In addition, the strong order entry in the third quarter makes us optimistic that we have now passed the low point. Therefore, for fiscal year 2013, DATA MODUL expects a satisfactory result overall that is in line with our expectations. The Executive Board Munich, November 7, 2013 End of Corporate News --------------------------------------------------------------------- 07.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's 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: DATA MODUL AG Landsberger Stra�e 322 80687 München Germany Phone: +49 (0)89 56017-105 Fax: +49 (0)89 56017-102 E-mail: barbara.lederer@data-modul.com Internet: www.data-modul.com ISIN: DE0005498901 WKN: 549890 Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 238336 07.11.2013