DGAP-News: DATA MODUL AG: Positive business development in

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Aug 7, 2014 at 1:45 AM

DGAP-News: DATA MODUL AG: Positive business development in 1st half 2014

DGAP-News: DATA MODUL AG / Key word(s): Half Year Results DATA MODUL AG: Positive business development in 1st half 2014 07.08.2014 / 07:31 --------------------------------------------------------------------- - Revenues : + 7.4 % to 76,6 million euros - Order entry: + 6.2 % to 87.1 million euros - EBIT significantly raised to 4.2 million euros 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. Revenues increased in the second quarter by 7.4% to 39.1 million euros (previous year: 36.4 million euros). The Displays business segment achieved revenues of 22.7 million euros in the second quarter (previous year: 20.8 million euros), whereas the Systems segment saw revenues of 16.4 million euros (previous year: 15.6 million euros). Order entry in the second quarter recorded 40.3 million euros (previous year: 35.4 million euros), totaling 87.1 million euros in the first half-year (previous year: 82.0 million euros). Order backlog increased by 8.9% to 100.4 million euros (previous year: 92.2 million euros). DATA MODUL's continuing drive toward international orientation is beginning to show effect, showing an increased export quota of 41.4% for the first six months of 2014 (previous year: 37.3%). The first six months of 2014 showed impressively that implementing our strategy "Fit for Future 2015" was the right decision. Compared to the same period of 2013, EBIT in accordance with IFRS increased in the first half of 2014 to 4.2 million euros (previous year: 1.0 million euros) and to 2.4 million euros in the second quarter of 2014 (previous year: 0.6 million euros). The earnings distribution between the two business segments Displays and Systems proves our strategy as well, recording EBIT for our business segment Displays for the second quarter of 1.4 million euros (previous year: 0.7 million euros), while the Systems business segment contributed 1.0 million euros (previous year: -0.1 million euros). Earnings before tax (EBT) for the Group were at 4.1 million euros in the first half of 2014 (previous year: 0.9 million euros). Net income for the same period was at 2.8 million euros (previous year: 0.2 million euros) resulting in earnings per share of 0.83 euros for the first half of 2014 (previous year: 0.07 euros). Key corporate results in accordance with IFRS <pre> In mio. euros April - April - Changes Jan. - Jan. - Changes June June in % June 2014 June 2013 in % 2014 2013 Total Revenues 39.1 36.4 7.4 76.6 69.8 9.7 Displays 22.7 20.8 9.1 45.3 40.4 12.1 Systems 16.4 15.6 5.1 31.3 29.4 6.5 Order Entry 40.3 35.4 13.8 87.1 82.0 6.2 Order Backlog 100.4 92.2 8.9 100.4 92.2 8.9 EBIT 2.4 0.6 300.0 4.2 1.0 320.0 EBT 2.4 0.5 380.0 4.1 0.9 355.6 Net income 1.7 0.2 750.0 2.8 0.2 1,300.0 Investments 0.4 0.4 0.0 0.7 0.8 -12.5 Employees 353 330 7.0 353 330 7.0 Earnings per 0.50 0.07 614.3 0.83 0.07 1,085.7 Share </pre> DATA MODUL is looking forward to good business for coming years thanks to predominantly positive economic expectations in our primary markets and our strategic business improvements. Increase in sales is expected to reach a mark larger 5% for fiscal year 2014, subsequently leading to a considerably improved earnings situation. DATA MODUL expects sustainable value contributions from productivity measures introduced over the past two years and plans to improve its competitive standing through strengthening its international orientation. So DATA MODUL will therefore open its own sales office in China in the fourth quarter of 2014. The Executive Board Munich, August 7, 2014 --------------------------------------------------------------------- 07.08.2014 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: DATA MODUL AG Landsberger StraÃe 322 80687 MÃ¼nchen 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), MÃ¼nchen; Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 281145 07.08.2014

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