DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: DATA MODUL with strong sales and earnings figures in first quarter
May 09, 2023 at 03:02 am EDT
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EQS-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
/ Key word(s): Quarterly / Interim Statement
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: DATA MODUL with strong sales and earnings figures in first quarter
09.05.2023 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Sales increase by 14.5% in the first quarter compared to previous year’s quarter
Order entry of EUR 84.7m, significantly exceeding previous year by 23.5%
Order backlog increased by 19.0% to 205.3m compared to previous year’s quarter
EBIT of EUR 4.8m in the first quarter marks rise of 15.6% compared to previous year
Munich, 9 May 2023 – DATA MODUL continued its successful business development from last year and has started the fiscal year 2023 with significant increases in sales and earnings. Compared to Q1 of the previous fiscal year, sales increased by 14.5% to an amount of EUR 72.4m. An even more significant increase of 23.5% was achieved on the order entries reaching a quarterly figure of EUR 84.7m. Consequently, the order backlog of EUR 205.3m is above previous year’s level of EUR 172.6m and reflects the sustained high demand across all industries and regions. Profit-wise DATA MODUL closes the first quarter with an EBIT figure of EUR 4.8m, significantly exceeding previous year’s Q1 level.
Group-wide key performance indicators
In TEUR
Q1 2023
Q1 2022
Change by
Sales
72,414
63,266
14.5%
Order entry
84,708
68,587
23.5%
Order backlog
205,340
172,552
19.0%
EBIT
4,849
4,193
15.6%
EBIT margin
6.7%
6.6%
0.2%
Quarterly result
3,311
3,312
0.0%
Profit per share (in EUR)
0.94
0.94
0.0%
Outlook
DATA MODUL continues to face challenging economic conditions caused by the noticeable effects of inflation and the associated cost increases as well as higher financing costs. However, due to the long-term 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 and a further brightening of the business climate the Executive Board expects a good fiscal year 2023.
09.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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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:
investor-relations@data-modul.com
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
Data Modul AG Produktion und Vertrieb Von Elektronischen Systemen is a Germany-based provider of display technology. The Company operates through two segments: Displays and Systems. The Displays segment produces displays, electronic sub-assemblies and custom products for use in industrial applications and the automotive industry, as well as easyTouch systems, such as touch sensors and controllers. The Systems segment focuses on easyBoard, easyPanel and easyEmbedded solutions, as well as special monitors for applications in marine navigation and medical devices. easyBoards are DisplayPort/digital visual interface (DVI)/video graphics array (VGA)/video thin-film-transistor (TFT) controller boards that enable users to connect TFT displays to graphics or video interfaces. easyPanels are monitors based on a modular concept for the gaming, medical and marine industries. easyEmbedded relates to a variety of central processing unit (CPU) boards in different form factors and performance levels.