With revenue of €10.6 million in the first quarter of 2009/10, the Mobotix Group continues to be on track for success

 

Revenue: € 10.6m

Revenue growth: 2.8%

EBIT: € 2.1m

EBIT in % of total output: 18.0%

Net income for the period: € 1.4m

Earnings per share: € 0.31

 

Langmeil, November 10, 2009. Mobotix AG (ISIN DE0005218309), a technologically leading system provider for digital, high-resolution, network-based video security systems, has announced the achieved financial results for the first quarter of the fiscal year 2009/10 ended September 30, 2009.

 

Mobotix AG continued its strong performance in the first quarter of the fiscal year 2009/10. This made it possible to exceed by 2.8% the revenue growth of the strong first quarter of 2008, which had not yet been influenced by the financial crisis. Therefore, group revenue in Q1 2009/10 amounted to €10.6 million (Q1 2008/09: €10.3 million).

 

There is no doubt that Mobotix AG is also experiencing the effects of the financial and economic crisis, which has impacted growth, particularly with regard to the large projects of the last three quarters. In addition, seasonal fluctuations had a strong impact on revenues in the summer months of July to September, especially on export revenues that had been exceptionally high in the same quarter (Q1 2008/09) of the previous year.

 

With an EBIT margin of 18.0% for the first quarter of fiscal 2009/10 (Q1 2008/09: 23.4%) and an EBITDA margin of 21.9% (Q1 2008/09: 26.0%), Mobotix continues to show above average profitability. Net income for the period amounted to €1.4 million, resulting in earnings per share of €0.31 (Q1 2008/09: €0.40).

 

Mobotix AG expects to continue to gain market share and to achieve profitable and sustained revenue growth. The Management Board will present the financial figures for the first quarter of 2009/10 as part of the Equity Capital Forum held at Deutsche Börse AG, Frankfurt, on November 10, 2009 at 6:00 p.m. in the "London" room.

 

 

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Additional Information:

 

Mobotix AG

Lutz Coelen, CFO/CSO

Ariane Oltmanns, IR-Manager

Kaiserstraße

D-67722 Winnweiler, Germany

Phone: +49-6302-9816-0

Fax: +49-6302-9816-190

Email: lutz.coelen@mobotix.com

ariane.oltmanns@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.