Viscom AG — Earnings Release 2006

May 29, 2006

News Details

Corporate | 29 May 2006 07:00

Viscom AG: Viscom starts a successful 2006

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Viscom starts a successful 2006 Revenue increase of 8.9% over last year’s successful first quarter EBIT reaches € 2.9 million – 34.8% higher than the first quarter 2005 EBIT margin climbs to 21.9% Hannover, May 29 2006 – The Viscom AG, European market leader for automated optical inspection systems in the electronics industry, has successfully started the year 2006. With revenues of €13,1 million, Viscom exceeded the exceptional quarter of January to March 2005 by 8,9%. Profitability rose even more conspicuously: the EBIT reached €2,9 million and stands 4.2%-points over the first quarter 2005. ‘This advantageous development can be traced back to the continual advancement of serial production, which has as its goal higher productivity and reduced expenditures for materials through reduced purchasing prices’, as Ulrich Mohr, board member responsible for finance, explains the improvement. With revenues of €9,1 million in the first quarter of 2006, the European region constitutes the largest sales market for the Viscom Group. However, the Asian market showed especially strong growth in this year’s first quarter: here, revenues climbed 176% to €1,6 million. The portion of company revenues rose alongside, from 4.9% to the current 12.4%. ‘This rise reflects the dynamic of the Asian market and underscores the future growth potential in this region’, says Volker Pape, company founder and board member of the Viscom Group. In America, Viscom increased its revenues 23.7% to €2,4 million during the first quarter 2006. The portion this market contributed to total revenues rose from 15.9% to a current 18.1%, pointing out the increasing international presence taken by the Viscom Group. Worldwide, Viscom received orders of over €11,0 million in the first quarter of 2006. Thus, customers of the Viscom AG placed 10% more orders than in the first quarter of 2005. The Viscom Group engages itself in a sustainable growth market. The successful initial public offering of the Viscom Group on the tenth of May 2006 provided the company with a high influx of liquidity. ‘With this, Viscom is in the position to carry forward numerous future-oriented investments and to clearly accelerate the future growth dynamic’, as Martin Heuser, company founder and board member, points out. With targeted additions to its workforce, Viscom is laying the groundwork for the continued growth of the corporation. In the report period, the number of employees rose by 30, to 296. Key Figures of Viscom AG Consolidated Information 1st Quarter 2006 Key Figures Jan.- Mar. Jan.- Mar. Change 2006 2005 Revenues 13,075 12,007 +8.9% EBIT 2,864 2,125 +34.8% EBIT-Margin 21.9% 17.7% +4.2%-pts. Financial result 83 -43 Income tax -1,218 -843 +44.5% Period net income 1,730 1,239 +39.6% EPS 25.74 18.44 +39.6% Number of shares 67,200 67,200 +/-0% Number of employees 296 248 +19.4% Key Figures of Viscom AG Segmental Information 1st. Quarter 2006 Key Figures Jan.- Mar. Jan.- Mar. Change 2006 2005 Europe Revenues 9,076 9,500 -4.5% EBIT 2,522 1,806 +39.6% EBIT-Margin 27.8% 19.0% +8.8%-Pkt. Financial result 87 1 Income tax 1,138 827 +37.6% Period net income 1,471 980 +50.1% Asia Revenues 1,628 590 +175.9% EBIT 192 122 +57.4% EBIT-Margin 11.8% 20.7% -8.9%-Pkt. Financial result 0 0 Income tax 38 14 +171.4% Period net income 154 108 +42.6% America Revenues 2,371 1,917 +23.7% EBIT 150 197 -23.9% EBIT-Margin 6.3% 10.3% -4%-Pkt. Financial result -3 -44 Income tax 2 1,218 -99.8% Period net income 105 151 -30.5% Katharina Blanke Phone: 0511 94996-861 Fax: 0511 94996-501 E-Mail: katharina.blanke@viscom.de (c)DGAP 29.05.2006 ————————————————————————— Language: English Issuer: Viscom AG Carl-Buderus-Strasse 9-15 30455 Hannover Deutschland Phone: +49 (0) 511 94 996 861 Fax: +49 (0) 511 94 996 501 email: katharina.blanke@viscom.de WWW: www.viscom.de ISIN: DE0007846867 WKN: 784686 indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————