MOBOTIX AG / Quarter Results
28.05.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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MOBOTIX continues to perform successfully in the first nine months
- Revenue growth: 46%
- EBIT margin: 17.6%
- Earnings per share: 0.65
MOBOTIX AG (ISIN DE0005218309), a leading international manufacturer of
digital, high-resolution and network-based video security systems, today
announced its consolidated figures for the first nine months (July 1, 2007
to March 31, 2008) of the current financial year 2007/2008 according to
IFRS. The Company generated revenue of approximately 23.8 million in the
period under review, representing an increase of some 46 percent compared
to the first nine months of 2006/2007, when the Company generated revenue
of 16.3 million. The export ratio amounted to 59.6 percent in the first
nine months of 2007/2008 (Q1-Q3 2006/2007: 52.9 percent), with foreign
sales rising by approximately 64.2 percent over the prior-year period.
Particularly in the United States the revenue increased by more than 150
percent over the previous year.
Earnings before interest, taxes, depreciation and amortization (EBITDA)
grew by 88.6 percent in the first nine months to approximately 5.1
million, up from 2.7 million in the prior-year period. The EBITDA margin
amounted to 21.4 percent (Q1-Q3 2006/2007: 16.5 percent). Earnings before
interest and taxes (EBIT) were approximately 4.2 million in the first nine
months of 2007/2008 (Q1-Q3 2006/2007: 2.1 million), which led to an EBIT
margin of 17.6 percent (Q1-Q3 2006/2007: 12.8 percent).
The Company increased profit for the period by 134.6 percent to
approximately 2.7 million (Q1-Q3 2006/2007: 1.2 million). Earnings per
share rose to 0.65 in the period under review, up from 0.33 in the
prior-year period.
In the third quarter (January 1 to March 31, 2008) of the current financial
year, MOBOTIX AG increased revenue by approximately 35% over the prior-year
period to more than 8.4 million (Q3 2006/2007: 6.2 million). EBIT
increased by 10.5 percent to 1.4 million in the third quarter (Q3
2006/2007: 1.3 million), despite the extraordinary expenses incurred in
connection with the switch from the Entry Standard to the Prime Standard of
the Frankfurt Stock Exchange. The resulting EBIT margin amounted to 16.6
percent. Earnings per share for the third quarter rose to 0.20, up from
0.19 in Q3 2006/2007.
Mobotix AG in profile:
Mobotix AG is a leading system provider of digital high-resolution,
network-based video security system technology. Network cameras allow the
transport of video and audio data via digital computer networks rather than
via coaxial cable like the conventional analog cameras. Digital transfer
also makes it possible to overcome the limit of 0.1 megapixels on image
resolution from analog cameras resulting from the use of the television
standard and move it into the megapixel range.
One of the major technical innovations of Mobotix is to shift intelligence
from the central control unit where it is usually held in video security
systems to the camera itself by integrating software for image creation,
image analysis, event control as well as recording management. It is only
this decentralised system architecture that makes megapixel technology
possible and profitable. Mobotix is currently the only company offering
network camera systems with this kind of software-based, decentralised
system architecture. In addition to the network camera, Mobotix offers a
complete video management software solution for video surveillance systems.
Over 120,000 Mobotix cameras are currently in operation throughout the
globe. Areas of application for the cameras range from individual users in
the private sector to applications in the public sector to complex
applications in major enterprises operating worldwide.
Strategic market position and growth of the network video camera market:
Mobotix AG sales have grown at an average annual growth rate of around 40
percent to EUR 23.6 million in the last three fiscal years. The increase in
sales in the last 2006/07 fiscal year totaled 47.3 percent. The EBIT margin
has increased in the last three fiscal years from 11 percent to its most
recent level of around 17.6 percent (corresponding to EBIT of EUR 4.2
million). According to a study by IMS Research, Mobotix consequently holds
the fourth largest market share of network camera manufacturers worldwide.
In the EMEA region, Mobotix comes in second place. MOBOTIX has been
producing solely megapixel cameras for years and ranks as a global market
leader in high-resolution systems with a market share of over 60%.
Important notification:
This notification contains statements that are based on assumptions and
estimates of Mobotix AG. Even though the management considers these
assumptions and estimates to be true and accurate, the future actual
development and the actual results may deviate from these assumptions and
estimates for various reasons. Among those reasons are changes of the
overall economic situation, foreign exchange rates, interest rates as well
as changes in the market trends or the competitive environment. Mobotix AG
does not assume any liability for deviations of the future development and
actual results from the assumptions and estimates as contained in this ad
hoc announcement / press release.
Mobotix AG
Lutz Coelen, CFO
Timo Keppler, IR-Manager
Luxemburger Straße 6
D-67657 Kaiserslautern
Phone: +49-631-3033-111
Fax: +49-631-3033-190
eMail: lutz.coelen@mobotix.com
timo.keppler@mobotix.com
investor@mobotix.com
www.mobotix.com
Fink & Fuchs
Public Relations AG
Nora Willian / Michael Zell
Berliner Straße 164
D-65205 Wiesbaden
Phone: +49-611-74131-914
Fax: +49-611-74131-23
eMail: nora.willian@ffpr.de
www.ffpr.de
DGAP 28.05.2008
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Language: English
Issuer: MOBOTIX AG
Luxemburger Str. 6
67657 Kaiserslautern
Deutschland
Phone: +49 (0)631-3033-111
Fax: +49 (0)631-3033-190
E-mail: ir@mobotix.com
Internet: www.mobotix.com
ISIN: DE0005218309
WKN: 521830
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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DGAP-News: MOBOTIX AG: MOBOTIX continues to perform successfully in the first nine months
| Source: EQS Group AG