- Strong underlying autonomous growth for both Docdata and IAI
- Operating profit before financing result, depreciation and amortisation (EBITDA) amounts to € 17.3 million (2013: 20.3 million)
- Deliveries IAI lead to decreased order book of € 6.1 million per end 2014 (2013: € 10.5 million)
- Proposal to distribute dividend of € 0.55 per share out of profit per share of € 1.05 (2013: € 0.70 dividend per share from € 1.24 eps)
- Execution new strategy 'Vision 2020: "Smart Growth"' on track
Michiel Alting von Geusau, CEO of DOCDATA N.V.:
"2014 was a year for our Company in which we have invested substantially in the future and this will also be the case in 2015. IAI has delivered a record number of orders. At the same time, new technological applications have been introduced and existing systems have been improved, resulting in some orders with a lower gross profit margin. Docdata had to deal with a significant decrease in business for its biggest client in Germany. Due to the growth of existing clients and the win of new clients, Docdata still realised a good revenue level. The underlying autonomous growth has even increased. We have invested in new solutions and we continue to demonstrate that our technology can help our clients to achieve their goals: 'Smart Growth'."
The following table provides a summary of the major features of the financial results and the financial position as described:
| 2014 | 2013 | |||
| (in millions, except percentage figures and earnings per share) | € | % | € | % |
| Revenue | 168.7 | 100.0 | 166.9 | 100.0 |
| Gross profit | 35.7 | 21.2 | 37.0 | 22.2 |
| EBITDA | 17.3 | 10.3 | 20.3 | 12.2 |
| EBITA | 11.1 | 6.6 | 15.6 | 9.3 |
| Operating income (EBIT) | 10.0 | 5.9 | 11.1 | 6.7 |
| Profit for the year | 7.3 | 4.3 | 8.7 | 5.2 |
| Basic earnings per share | 1.05 | 1.24 | ||
| Balance sheet total | 99.1 | 88.6 | ||
| Equity | 44.2 | 42.8 | ||
| Solvency ratio (Equity / Balance sheet total) | 44.6% | 48.3% | ||
| | ||||
Meeting for financial press and analysts
This morning, 24 February 2015, management of DOCDATA N.V. will discuss the 2014 year-end results in a meeting for which both financial press and analysts have been invited, to be held at 10.30AM Continental Time in the Mercurius room of the Financieel Nieuwscentrum Beursplein 5 of NYSE Euronext Amsterdam (Beursplein 5, 1012 JW Amsterdam, telephone +31-20-5505505). After this meeting, the presentation shown to the financial press and analysts will be made available for downloading from the Company's corporate website, www.docdatanv.com.
The listed DOCDATA N.V. exists of two completely autonomous lines of business:
Docdata (www.docdata.com) is a European market leader that plays an important role behind the scenes of many A-brands, retailers and e-tailers. Docdata operates in The Netherlands, Germany, the United Kingdom, Italy, Poland, Switzerland and Spain. Clients of Docdata are a.o. bol.com, de Bijenkorf, Brands4Friends, ASOS, Toys"R"Us, Wine in Black, V&D, HP and Zalando. Supported by the Docdata services, more than one hundred thousand transactions are realised on a daily basis. The world of e-commerce changes rapidly.
That is why Docdata continuously invests in people, equipment, development of IT-platforms and in services. This enables Docdata to proactively support its clients both on an operational and strategic level.
IAI (www.iai-industrial-systems.com) is a high tech engineering company specialised in developing and building systems for very accurate and high speed processing of all kinds of products and materials.
IAI delivers clients globally in the following sectors: securing and personalising of security documents, processing of solar cells and modules and processing of other materials and products.
Waalwijk, The Netherlands, 24 February 2015
Further information: DOCDATA N.V., M.F.P.M. Alting von Geusau, CEO, Tel. +31 416 631 100
Corporate website: www.docdatanv.com
