Mobotix Group reports strong growth despite global crisis

 

 

Sales: € 32.5m

Sales growth: 36.9%

EBIT: € 6.9m

EBIT in % of total output: 20.5%

Net income for the period: € 5.0m

Earnings per share: € 1.14

 

 

Langmeil, May 13, 2009. Mobotix AG (ISIN DE0005218309), at the forefront of technology as system provider of digital high-resolution network-based video security systems, reports the results for the first nine months of fiscal year 2008/09, ending on March 31, 2009.

 

The Mobotix Group (IFRS consolidated statements) has, despite the global financial crisis, reached a sales growth of approx. 37% in the first nine months of fiscal year 2008/09, resulting in sales of € 32.5m (previous year: € 23.8m) and, thus significantly increased its global market share.

 

The group EBITDA reached € 7.9m (previous year: € 4.9m), resulting in an EBITDA margin of 23.4% (previous year: 19.2%). With an EBIT of € 6.9m (previous year: € 4.0m), the EBIT margin could be increased to 20.5% (previous year: 15.7%). The net income for the period amounts to € 5.0m, resulting in earnings per share of € 1.14 (previous year: € 0.65).

 

In the third quarter (January 1 to March 31, 2009) of the current fiscal year Mobotix AG´s sales amounted to € 10.5m (previous year: € 8.4m) corresponding to a growth of about 25% compared with the same period of the previous year. The EBIT in the third quarter of the fiscal year rose even disproportionately by 33% to € 1.8m (previous year: € 1.3m), resulting in an EBIT margin of 15.6%.

 

After recording weak performance in January and February, March showed a strong revival in business activity. The Mobotix AG is expecting to fulfil its financial projections for fiscal year 2008/09 (30% revenue growth, 18% EBIT margin).

 

The Management Board will present the figures of the first nine months of fiscal year 2008/09 on May 13, 2009 at 11.00 a.m. in a phone conference. The publication of the interim report is also planned for Wednesday, May 13, 2009.

 

 

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Additional Information:

 

Mobotix AG

Lutz Coelen, CFO/CSO

Timo Keppler, IR-Manager

Kaiserstraße

D-67722 Winnweiler, Germany

Phone: +49-6302-9816-0

Fax: +49-6302-9816-190

Email: lutz.coelen@mobotix.com

timo.keppler@mobotix.com

investor@mobotix.com

www.mobotix.com

 

Fink & Fuchs

Public Relations AG

Isabell Auer / Michael Zell

Berliner Str. 164

D-65205 Wiesbaden, Germany

Phone: +49-611-74131-914

Fax: +49-611-74131-23

Email: isabell.auer@ffpr.de

www.ffpr.de

 

 

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.