Mobotix Announces Oct 2011 to Jun 2012 Financial Report

Date: 2012/08/03
Source: Mobotix

The preliminary nine-month figures at a glance (1 October until 30 June 2012):
Sales: USD 72.3 million
Export ratio: 74 per cent
EBIT: USD 15.7million
EBIT in percent of gross performance: 21 per cent
Result (after taxes): USD 11.1 million
Result per share: USD 0.84

MOBOTIX AG, a systems provider of high-resolution network-based video surveillance systems, announces the group's preliminary financial figures for the first nine months of the financial year 2011/12 (1 October 2011 until 30 June 2012) (IFRS accounts).

In the current financial year 2011/12, MOBOTIX group saw a cumulative sales growth of 16 per cent as compared to the first three quarters of the last full business year (July 2011 until March 2012), with sales amounting to approximately EUR 60 million.

With an EBIT of EUR 12.9 million, it was possible to realize an EBIT margin of 21 per cent. The profit after taxes is approximately EUR 9.1 million, which corresponds to a sales return of approximately 15 per cent.

Given the weak state of the overall economy in almost all European markets and the increased insecurity over the debt crisis worldwide, the management board expects a sales growth of between 3 per cent and 10 per cent with an EBIT margin of between 19 per cent and 22 per cent for the full financial year 2011/12.

In the medium term, a continued strong growth with high profitability is expected. In this connection, numerous further innovations are planned which are intended to be introduced to the market in the next few quarters. Also, the world's first flexible double hemispheric camera (S14), which had been launched at the end of June, is expected to positively contribute to sales.

The management board of MOBOTIX AG will present the final results of the first nine months 2011/12 during a telephone conference at 11:00 a.m. on 15 August 2012.