DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: DATA MODUL with excellent business outlook in third quarter
November 05, 2021 at 02:02 am
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DGAP-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
/ Key word(s): Quarterly / Interim Statement
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: DATA MODUL with excellent business outlook in third quarter
05.11.2021 / 07:00
The issuer is solely responsible for the content of this announcement.
DATA MODUL with excellent business outlook in third quarter
- Bookings of EUR 51.1m at high level, exceeding previous year's quarter by 17.8%
- Order backlog increased by 25.7% reaches record level of EUR 165.7m
- Sales of EUR 45.8m marks a drop of 6.7% compared to previous year's quarter (EUR 49.0m)
- EBIT of EUR 3.1m marks a rise of 11.5% compared to previous year's quarter
Munich, 5th November 2021 - In the third quarter, DATA MODUL was able to register a high level of bookings of EUR 51.1m and thus a book-to-bill ratio of 1.1. As a result, the order backlog increased further by 25.7% to EUR 165.7m, emphasizing the excellent business outlook. The transformation of incoming bookings into sales will depend, to a large extend, on the development of the current shortage of materials on the procurement side. Whilst in the previous year, DATA MODUL had registered shifts on the customer-side, the ongoing shortage of electronic components and supply chain bottlenecks are determining the current business situation. For these reasons, sales in the third quarter of EUR 45.8m were below the level of the previous year. DATA MODUL Group's EBIT increased by 11.5% to a total of EUR 3.1m because of continued strict cost-saving measures. As a consequence, EBIT yield was at 6.7%. The quarterly result and thus the profit per share were negatively impacted by the effects of foreign currency related derivates with at the same time increased order backlog in foreign currencies.
Group-wide key performance indicators
kEUR
Q3 2021
Q3 2020
Change by
Sales
45,768
49,036
-6.7%
Bookings
51,102
43,370
17.8%
Order backlog
165,705
131,790
25.7%
EBIT
3,087
2,769
11.5%
EBIT yield
6.7%
5.6%
19.6%
Quarterly result
965
1,713
-43.7%
Profit per share (in EUR)
0.26
0.48
-45.8%
Forecast
DATA MODUL finds itself in a challenging market environment because of the ongoing Corona pandemic and the global shortage of electronic components caused by supply chain problems. Based on the long-term and consistent implementation of the strategy program, the company is nevertheless prepared for tense economic conditions, even in times of crisis. Based on the current high level of bookings, the executive board expects a good fiscal year 2021.
05.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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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.