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Doktor Jon's Guide to the Use and Application of CCTV & IP Video
Doktor Jons Guide to The Use and Application of CCTV & IP Video - a unique resource providing information and advice on  the modern use of CCTV video surveillance
Doktor Jons Guide to The Use and Application of CCTV & IP Video - a unique resource providing information and advice on  the modern use of CCTV video surveillance

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MOBOTIX Group continues successful business development in the first six months of the fiscal year 2009/10

 

• Revenue: €23.9m

• Revenue growth: 8.7%

• EBIT: €4.7m

• EBIT in % of total output: 19.5%

• Net income for the period: €3.2m

• Earnings per share: €0.72

 

Winnweiler-Langmeil, February 10, 2010. MOBOTIX AG (ISIN DE0005218309), a system provider for high-resolution and network-based video security systems, has announced the achieved financial results for the first six months of the fiscal year 2009/10 ended December 31, 2009.

Despite persisting difficulties in the general economic environment, MOBOTIX AG was able to increase its revenue by approximately 9% to €23.9m in the first six months of fiscal year 2009/10 (prior year: €22.0m). This was due in particular to the successful product launch of the Q24 camera line, the Mx2wire technology as well as the growing export business. Profitability continues to be at an extraordinarily high level with an EBIT margin of 19.5% and an EBITDA margin of 23.3%. Net income for the period amounted to €3.2 million, resulting in earnings per share of €0.72 (prior year: €0.85).

In the second quarter (October 1 – December 31, 2009) of the current fiscal year, MOBOTIX AG’s sales amounted to €13.3m (previous year: €11.7m) corresponding to a growth of about 13.8% compared with the same period of the previous year. The EBITDA of the last three months reached €3.1m (previous year: €3.0m), resulting in an EBITDA margin of 24.5%. The EBIT in the second quarter of the fiscal year reached previous year’s value of €2.7m, resulting in an EBIT margin of 20.9%.

MOBOTIX AG remains optimistic that its successful development will continue on a sustained basis in the future.

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 / corporate news.

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