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MOBOTIX AG closes its first quarter of business year 2010/2011 with a sales growth of 42%
• Sales: €15.1 million
• Sales growth: 42%
• Export ratio: 74%
• EBIT: €4.2 million
• EBIT in % of total output: 25.4%
• Net income for the period (after taxes): €2.9 million
• Earnings per share: €0.66
Winnweiler-Langmeil (Germany), October 25, 2010. MOBOTIX AG (ISIN DE0005218309), system provider of high-resolution and network-based video security systems, announced the preliminary financial results for the first three months of the fiscal year 2010/11 ending on September 30, 2010.
The MOBOTIX Group (IFRS consolidated statements) successfully begins its new business year and achieved a sales growth of 42% to €15.1 million (previous year: €10.6 million).
Net income for the period doubled to more than €2.9 million, while the EBIT margin increased to 25.4%. The Group EBITDA rose from €2.5 million to €4.8 million with an EBITDA margin of 29.4% (previous year: 21.9%). The EBIT doubled itself to €4.2 million, resulting in an earnings per share of €0.66 (previous year: €0.31).
The Management Board will present the financial results for the first quarter of 2010/11 as part of the Equity Capital Forum held at Deutsche Börse AG, Frankfurt, on November 22, 2010 at 4:30 p.m. in the "Zurich" room.
About MOBOTIX AG:
MOBOTIX AG sees itself as a software company with in-house hardware development in the area of digital, highresolution and network-based video security solutions. The company focuses on the development of user- friendly complete system solutions from a single source.
The publicly-traded company with headquarters in Langmeil, Germany, is known as the leading pioneer in network camera technology since its foundation in 1999 and its decentralized concept has also made high-resolution video systems cost-efficient.
From 2010 onwards, MOBOTIX will extend its product range to include intelligent home automation products that are developed in- house. Whether in embassies, airports, railway stations, ports, gas stations, hotels or highways, over one hundred thousand MOBOTIX video systems have been in operation on every continent for years.
For further details visit:- www.mobotix.com
About Mobotix AG:
At the forefront of technology, Mobotix AG is a European provider of high-resolution digital, network-based video security systems. The stock-quoted company, since its founding in Germany in 1999, has emerged as the leading pioneer in network camera technology and its decentralized concept has made cost-efficient high-resolution network video systems possible in the first place. Embassies, airports, train stations, ports, gas stations, hotels, highways – hundreds of thousands of Mobotix video systems are in use worldwide today.
For further information visit:- www.mobotix.com