Vucomm Vesti
13.5.2009. - MOBOTIX Group reports strong growth despite global crisis
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 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. The complete press release can be downloaded here.
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 – 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).
