Earnings Release • Nov 9, 2011
Earnings Release
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Corporate | 9 November 2011 06:30
MOBOTIX AG: Fiscal year change results in a Short Fiscal Year of 3 months and a second Annual General Meeting
MOBOTIX AG / Key word(s): Final Results
09.11.2011 / 06:30
Corporate News
Fiscal year change results in a Short Fiscal Year of 3 months and a second Annual General Meeting
Figures for the Short Fiscal Year at a glance:
(July 1 to September 30, 2011):
– Revenue: EUR15.2 million
– Export ratio: 68.1 %
– EBIT: EUR2.6 million
– EBIT as a percentage of total output: 15.8 %
– Profit for the period (after taxes): EUR1.8 million
– Earnings per share: EUR0.40
Winnweiler-Langmeil, Germany – November 9, 2011. MOBOTIX AG (ISIN DE0005218309), supplier of high-resolution, network-based video security systems, has announced its consolidated financial results (IFRS) for the Group’s Short Fiscal Year 2011 (July 1 to September 30, 2011).The change of the fiscal year was necessary since the now very extensive audit of the financial results and the preparation of the financial reports coincided with the vacation period in July and August. Since the beginning of the financial year was changed from July 1 to October 1, a one-time Short Fiscal Year of three months was formed this year, resulting in a second set of annual financial reports and a second Annual General Meeting in 2011.
In the Short Fiscal Year just ended, the entire production was relocated as planned successfully to the Company’s site in Langmeil-Winnweiler. As expected, revenue and earnings were affected by the relocation of production facilities.
In the Short Fiscal Year, the MOBOTIX Group generated revenue of EUR15.2 million (prior-year quarter: 15.1 million) and achieved an export ratio of 68.1 %. EBITDA amounted to EUR3.6 million with EBIT of EUR2.6 million. Profit after taxes for the short fiscal year amounted to EUR1.8 million resulting in earnings per share of EUR0.40.
Growth of 30 % to 35 % and an EBIT margin of 23 % is expected in the current fiscal year 2011/12.
All the results relating to the Short Fiscal Year 2011 will be presented by the Management Board of MOBOTIX during a teleconference at 11.00 a.m. CET, on November 9, 2011.
More information:
MOBOTIX AG
Lutz Coelen, CFO
Kaiserstrasse
67722 Langmeil
Phone: +49 6302 9816-111
Fax: +49 6302 9816-190
eMail: [email protected]
Fink & Fuchs
Public Relations AG
Michael Zell/Karsten Krone
Berliner Strasse 164
65205 Wiesbaden
Phone: +49 611 74131 77
Fax: +49 611 74131 30
eMail: [email protected]
About MOBOTIX AG:
MOBOTIX AG is a software company with an in-house hardware development department for digital, high-resolution and network-based video-security solutions. The company focuses on the development of user-friendly system solutions – complete from a single provider. The publicly-traded company with its headquarters in Langmeil, Germany, is known as the leading pioneer in network camera technology since its founding in 1999, and has made high-resolution video systems cost-efficient with its decentralized camera concept. From 2010 onwards, MOBOTIX continues to extend its product range to include intelligent home automation products that are developed in-house. Over one hundred thousand MOBOTIX video systems are in operation worldwide in embassies, airports, railway stations, ports, gas stations, hotels and on highways.
Important Note:
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.
End of Corporate News
09.11.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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| Language: | English |
| Company: | MOBOTIX AG |
| Kaiserstraße | |
| 67722 Winnweiler-Langmeil | |
| Germany | |
| Phone: | +49 (0)6302-9816-111 |
| Fax: | +49 (0)6302-9816-190 |
| E-mail: | [email protected] |
| Internet: | www.mobotix.com |
| ISIN: | DE0005218309 |
| WKN: | 521830 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
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| 145337 09.11.2011 |
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