PRZOOM - /newswire/ -
Winnweiler, Germany, 2011/05/16 - MOBOTIX AG (ISIN DE0005218309), announces the Group's financial results (the IFRS financial statements) for the first nine months of fiscal year 2010/11 (July 1 to March 31).
The nine-month results at a glance (July 1 to March 31, 2011):
• Sales: €51.4 million (+ 37%)
• Export ratio: 75%
• EBIT: €12.7 million (+ 78%)
• EBIT in % of total output: 23%
• Net income for the period (after taxes): €8.7 million (+ 81%)
• Earnings per share €1.97 (+ 82%)
MOBOTIX AG (ISIN DE0005218309), system provider of high-resolution and network-based video security systems, announces the Group's financial results (the IFRS financial statements) for the first nine months of fiscal year 2010/11 (July 1 to March 31, 2011). Both sales growth and the EBIT margin significantly increased compared to the same period in the previous year. Total sales increased 37% to €51.4 million (previous year: €37.5 million) in the first nine months.
EBITDA of €14.8 million translated into an EBITDA margin of 27%. EBIT increased by 78% to €12.7 million (previous year: €7.1 million) and the Group EBIT margin is now 23% (previous year: 18,7%). Net income after taxes climbed 81% from €4.8 million to €8.7 million. Accordingly, earnings per share improved by approximately 82% to €1.97 (previous year: €1.08).
The Management Board of MOBOTIX AG will present all results of the first nine months of 2010/11 in a teleconference on May 16, 2011 at 11:00 am. (Central European time, CET).
Lutz Coelen, CFO
Ariane Oltmanns, IR Manager
P: +49 6302 9816-111 / F: +49 6302 9816-190 / E: ariane.oltmanns[.]mobotix.com.
About MOBOTIX AG
MOBOTIX AG sees itself as a software company with in-house hardware development in the area of digital, high-resolution and network-based video security solutions. The company focuses on the development of user-friendly complete system solutions from a single source. The publicly-traded company with headquarters in Langmeil, Germany, is known as the leading pioneer in network camera technology since its foundation in 1999 and its decentralized concept has also made high-resolution video systems cost-efficient. From 2010 onwards, MOBOTIX (mobotix.com) will extend its product range to include intelligent home automation products that are developed in-house. Whether in embassies, airports, railway stations, ports, gas stations, hotels or highways, over one hundred thousand MOBOTIX video systems have been in operation on every continent for years.
This notification contains statements that are based on assumptions and estimates of MOBOTIX AG. Even though the management considers these assumptions and estimates to be true and accurate, the future actual development and the actual results may deviate from these assumptions and estimates for various reasons. Among those reasons are changes of the overall economic situation, foreign exchange rates, interest rates as well as changes in the market trends or the competitive environment. MOBOTIX AG does not assume any liability for deviations of the future development and actual results from the assumptions and estimates as contained in this ad hoc announcement / press release / corporate news.