DGAP-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
/ Key word(s): Half Year Report
DATA MODUL with record bookings in second quarter
Munich, 6 August 2021 - DATA MODUL was able to drive operations during Q2 of 2021 at sales and profit levels of the previous fiscal year despite ongoing economic challenges of the COVID-19 pandemic. Outlook is excellent due to an increase in bookings of 47% in Q2, compared to the same period of the previous year, with bookings totalling EUR 65m. As a result, order backlog increased significantly by 14.8% to reach EUR 161.3m. The transformation of customer orders into sales will be influenced predominantly by the development of the current scarcity of materials on the supply side. While the previous fiscal year showed a tendency of customers to shift orders, it is now the scarcity of electronic components which rules the markets. However, sales in Q2 remained stable at the level of the same period of the previous fiscal year, reaching a figure of EUR 43.9m. Due to continued strict cost efficiencies, DATA MODUL was able to increase group-wide EBIT by 3.3%, compared to Q2 of the previous year, to reach EUR 1.8m. EBIT yield was at 4.1%, thereby slightly exceeding the previous year's period (4.0%).
Group-wide key performance indicators
Like many others, DATA MODUL faces a challenging economic environment caused by the continued COVID‑19 pandemic and the global scarcity of electronic components because of supply chain matters. However, based on the sustainable and consequent realization of its strategy, the group is well prepared for tight economic conditions even in times of a world-wide crisis. Based on the high level of current bookings the Executive Board expects a good fiscal year of 2021.
06.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen|
|Landsberger Straße 322|
|Phone:||+49 (0) 89 56017-105|
|Fax:||+49 (0) 89 56017-102|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||1224173|
|End of News||DGAP News Service|