DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: decline in sales and earnings during the third quarter of 2023 compared to the same period of the previous year
October 17, 2023 at 03:50 am EDT
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EQS-Ad-hoc: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen / Key word(s): Quarter Results
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: decline in sales and earnings during the third quarter of 2023 compared to the same period of the previous year
17-Oct-2023 / 09:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
According to a preliminary analysis, sales, earnings and bookings of DATA MODUL AG declined in the third quarter of 2023, compared to the results achieved in the same period of the previous year. Background for the decline are the tense economic conditions, especially in Germany, as well as the overall cost increase.
Group-wide EBIT in the third quarter of the fiscal year 2023 amounted to EUR 6.8 million, marking a decline of approx. 31% in comparison to the record result in the same period of the previous year (EUR 9.8 million). Sales in the third quarter of 2023 were reduced by approx. 4% to EUR 72.7 million in comparison to EUR 76.0 million for the third quarter of the fiscal year 2022. Bookings declined by approx. 29% to EUR 61.3 million in comparison to EUR 85.8 million for the same period of the previous year.
The company will publish the definitive results for the third quarter of the fiscal year 2023 on November 3, 2023.
Explanations of the financial parameters used can be found on DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen’s homepage (available at https://www.data-modul.com/en/company/investors/financial-reports.html).
Contact:
Beate Junker
Head of Finance and Investor Relations
investor-relations@data-modul.com
End of Inside Information
17-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
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.
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: decline in sales and earnings during the third quarter of 2023 compared to the same period of the previous year
DATA MODUL AKTIENGESELLSCHAFT, PRODUKTION UND VERTRIEB VON ELEKTRONISCHEN SYSTEMEN 
