• New orders up 7.5% to 69.2 million euros
  • Revenue even with the previous year at 57.5 million euros
  • EBIT of 4.0 million euros after negative currency effects and higher personnel expenses
  • EBIT margin of 7.0% within the target corridor

DATA MODUL started out the year somewhat modestly but business accelerated in the course of the first quarter. The record first-quarter profit in 2017, which resulted from one-time items, was not reached, but revenue stabilized at the previous year's strong level in line with expectations. New orders rose handsomely as well, up 7.5% from 64.4 million euros in the previous year to 69.2 million euros.

EBIT declined versus the previous year's record Q1 result on negative currency effects and higher personnel expenses, but exceeded the mark for the last three quarters at 4.0 million euros. EBIT margin was thus within the company's target range at 7.0% (previous year: 9.5%). Following an excellent book-to-bill ratio of 1.2, order backlog rose 9.2% to 118.5 million euros (previous year: 108.5 million euros).

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Data Modul AG published this content on 09 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 May 2018 07:05:05 UTC