DGAP-News: DATA MODUL AG / Key word(s): Final Results
DATA MODUL AG: Transition year 2013 successfully concluded - Proposed
dividend disbursement unchanged at 0.60 euros
24.03.2014 / 15:12
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Transition year 2013 successfully concluded - Proposed dividend
disbursement unchanged at 0.60 euros
- Revenue increased by 4.6% to 146.7 million euros
- Order backlog rose by 10% to 89.6 million euros, a new record
- EBIT at 5.7 million euros, and below the previous year mark as
anticipated, due to investments supporting future growth in the coming
years
DATA MODUL AG, the display technology market leader, looks back on a
successful fiscal year 2013. We kept a strong focus on our priorities and
reorganized our global sales network, consolidated our product portfolio
even further and optimized our operating processes. We also reorganized and
centralized our logistics and manufacturing facilities in our Weikersheim
location. We grew our presence in foreign markets substantially in fiscal
year 2013, increasing our export rate to 39.8% (previous year: 33.5%), thus
achieving one of our most important goals: to reduce our dependency on
domestic sales. Total revenue increased by 4.6% to 146.7 million euros
(previous year: 140.2 million euros), with the Systems segment
participating at 2.6% and the Displays segment at 6.3%. Order entry
increased by 3.3% to 159.0 million euros. Order backlog reached a record
mark again, totaling 89.6 million euros.
In 2013, our research and development expenses increased to over 4.8
million euros, and included in particular projects safeguarding our future.
Thus we incurred restructuring costs recorded as a substantial one-time
factor for 2013 resulting from centralization and relocation of our
manufacturing and logistics facilities from Munich to our Weikersheim
location. At the Annual Shareholders' Meeting on 12 May, 2014 we will
propose disbursement of cash dividends of 0.60 euros per share, the same
amount as last year.
Corporate results for DATA MODUL AG in accordance with IFRS
<pre>
Jan. - Dec. (as of Dec. 31, respectively) 2013 2012 Change in %
Revenues (million euros) 146.7 140.2 + 4.6
- Displays (million euros) 82.8 77.9 + 6.3
- Systems (million euros) 63.9 62.3 + 2.6
EBIT (million euros) 5.7 8.4 - 32.1
Order entry (million euros) 159.0 153.9 + 3.3
Order backlog (million euros) 89.6 81.5 + 9.9
Equity ratio in % 50.9 56.2
Employees (year average) 333 315 + 5.7
Net income (million euros) 3.2 7.1 - 54.9
Earnings per share in euros 0.95 2.05 - 53.7
Dividend per share in euros 0.60* 0.60 +/- 0.0
</pre>
*To be proposed at the Annual Shareholders' Meeting on 12 May, 2014
Demand in our markets increases constantly, and we expect a substantial
rise in revenue and profit for the current year. We have prepared our
Company for the next jump in sales expected by 2015, and expect sustainable
value contributions from productivity measures introduced over the past
months.
The Executive Board
Munich, March 24, 2014
End of Corporate News
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Language: English
Company: DATA MODUL AG
Landsberger StraÃe 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
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259208 24.03.2014
DGAP-News: DATA MODUL AG: Transition year 2013 successfully concluded - Proposed dividend disbursement unchanged at 0.60 euros
| Source: EQS Group AG