DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: preliminary results for the first quarter of the fiscal year 2018
April 18, 2018 at 06:20 am EDT
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DGAP-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: preliminary results for the first quarter of the fiscal year 2018
18-Apr-2018 / 12:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
According to an analysis of preliminary results, the earnings before interest (EBIT) of DATA MODUL AG in the first quarter of 2018 are substantially below the first quarter results of last year. Nevertheless, the company upholds its overall forecast for the fiscal year 2018, with bookings in the first quarter of 2018 being above the numbers of the first quarter of 2017. The main reasons for the decrease in earnings were negative foreign exchange effects as well as an increase in costs for staff.
The group EBIT in the first quarter of the financial year 2018 amounted to EUR 4.0 million, marking a reduction of approx. 27% in comparison to the same period of the previous year (EUR 5.5 million). Consolidated sales with EUR 57.5 million nearly reached the same level as the in the first quarter of last year (EUR 58.0 million). Bookings increased by approx. 7,5 % to EUR 69.2 million in comparison to EUR 64.3 million in the first quarter of the financial year 2017.
DATA MODUL will publish definitive results for the first quarter of the financial year 2018 on 8 May 2018.
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/de/unternehmen/investoren/finanzberichte.html).
Contact:
Beate Junker
Head of Finance and Investor Relations
investor-relations@data-modul.com
18-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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.