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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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10.03.2010
• revenues 98.3 million euros (132.6 million euros last year)
• EBIT 0.52 million euros in the TOTAL Data Modul group (8.0 million euros
last year).
• earnings per share -0.65 euro (1.34 euro last year)
• Cost savings becoming effective
• Stock dividend in ratio 10:1 instead of cash dividend recommended
The Munich based company Data Modul is a leading European corporation in the
area of display technology and achieved revenues of 98.3 million euros (132.6
million euros last year) in 2009. The decline of 25.8 % was felt in both
business segments, but the segment of Information Systems was hit harder than
the segment of Industry. Order entry, which especially declined in the first
half of the year, stabilized in the third quarter and showed a slight
improvement in the fourth quarter, declined in total by 18.4 % to 99.18 million
euros (121.6 million euros last year). The order backlog for the total group at
12/31/2009 was at the same level as last year, or 62.7 million euros. The export
quota was at 34 % (36 % last year). Following the revenue development, EBIT
(earning before interest and taxes) dropped to - 0.52 million euros in the total
group (8.0 million euros last year). A comprehensive cost savings program,
consisting of reducing fixed costs and savings in personal and variable cost,
along with a simultaneous increase in operative output, was accomplished in
2009, and will lead to significant savings in 2010. The profit after tax was a
loss of 2.1 million euros (4.3 million euros last year). The earnings per share
was -0.65 euro in 2009 (1.34 euro last year). The shareholders´ equity quota
amounted to 50.6 % (50.2 % last year). Following the dividend policy based on
results, the Executive and Supervisory Boards will recommend the Annual
Shareholders´ Meeting on May 11, 2010 instead of a cash dividend a stock
dividend in a ratio of 10:1 from a capital increased from retained earnings
which has to be concluded by the Annual Shareholders´ Meeting. This measurement
is to strengthen the liquidity reserve and build a basis to finance future
investment in research and development.
Key Figures for the total group according to IFRS
~
|Jan. - Dec. (as of 12/31) |2009 |2008 |4th q. |3th q. |
| | | |2009 |2009 |
|Net Sales (in million euros) |98.3 |132.6 |26.9 |22.8 |
| - Industry (in million euros) |85.5 |104.0 |23.1 |19.6 |
| - Information systems (in |12.7 |28.6 |3.8 |3.2 |
|million euros) | | | | |
|EBIT (in million euros) |(0.52) |8.0 |0.1 |0.3 |
|Order entry (in million euros) |99.18 |121.6 |26.6 |22.8 |
|Order backlog (in million euros)|62.7 |62.7 |62.7 |63.1 |
|Shareholders´equity ratio in % |50.6 |50.2 |50.6 |50.8 |
|Employees at year end |265 |311 |265 |269 |
|Earnings per share (in million |(0.65) |1.34 |(0.26) |0.07 |
|Euro) | | | | |
|Dividend / Stock Dividend per |Stock dividend |0.45 |- |- |
|share |* |euro | | |
~
*To be recommended at the Annual Shareholders´ Meeting on May 11, 2010
The monthly Ifo-business-climate-index, which measures the mood of the
machinery industry in Germany, declined in February the first time since ten
months, because the enterprises appraise their economical situation less
positive. This industry is presumed to be the driving force of the German
industry and is the most important customer base for the Data Modul products.
With a market recovery we expect a revenue and profit improvement in the
current business year.
The Executive Board
Munich, March 10, 2010
Further inquiry note:
Barbara Lederer
Tel.: +49 (0)89 56017-105
E-Mail: barbara.lederer@data-modul.com
end of announcement euro adhoc
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~
issuer: Data Modul AG
Landsberger Str. 322
D-80687 München
phone: +49(0)89-56017-0
FAX: +49 (0)89 56017-102
mail: info@data-modul.com
WWW: http://www.data-modul.com
sector: Technology
ISIN: DE0005498901
indexes:
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stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, regulated dealing: München
language: English
http://www.ots.at/pressemappe/EASY_15180
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OTS0324 2010-03-10/17:40
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