DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen reported earnings results for the third quarter of 2019. The group LBIT in the third quarter of the fiscal year 2019 amounted to EUR 0.4 million, marking a decline of approx. 107% in comparison to the EBIT of EUR 5.9 million a year ago. Sales declined by approx. 29 % to EUR 44.3 million in comparison to EUR 62.1 million in the third quarter of the fiscal year 2018.

For the fiscal year 2019, the company expects sales: decline by 7% to 16% in comparison to EUR 241.4 million achieved in the fiscal year 2018 (previously forecasted: growth by 3% to 19%), EBIT: decline by 33% to 57% in comparison to EUR 20.8 million achieved in the fiscal year 2018 (previously forecasted: growth by 1% to 20%), net income: decline by 34% to 58% in comparison to EUR 14.3 million achieved in the fiscal year 2018 (previously forecasted: growth by 3% to 20%).