EQS-News

DATA MODUL marks declining sales and earnings figures for the first quarter

EQS-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen / Key word(s): Quarter Results DATA MODUL marks declining sales and earnings figures for the first quarter 08.05.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. DATA MODUL marks declining sales and earnings figures for the first quarter

• Sales down 12.3% year-on-year in the first quarter
• Incoming orders down 40.6% year-on-year at EUR 50.3 million
• Order backlog drops to 149.8 million
• EBIT of EUR 4.1 million in the first quarter 15.5% below the previous year's level

Munich, May 8, 2024 - DATA MODUL could not confirm the high level of revenue and earnings achieved in the same quarter of the previous year at the beginning of fiscal year 2024 because of the severely deteriorated economic environment in the sales markets and, therefore, closed the first quarter with a decline in business development. Compared to the same quarter of the previous year, sales dropped by 12.3% to a total of EUR 63.5 million. Incoming orders fell by 40.6% to a quarterly figure of EUR 50.3 million. As a result, the order backlog of EUR 149.8 million is below the previous year's high-level mark of EUR 205.3 million and reflects the declining economic environment and the great uncertainty in sales markets across nearly all industries and regions. DATA MODUL closed the first quarter with an EBIT of 4.1 million euros, slightly below previous year's level for the same period.

 

Group key figures

In TEUR		Q1 2024		Q1 2023		Change
Turnover		63,531		72,414		-12.3%
Incoming orders		50,278		84,708		-40.6%
Order backlog		149,796		205,340		-27.0%
EBIT		4,095		4,849		-15.5%
EBIT return		6.4%		6.7%		-3.7%
Profit for the period		2,739		3,311		-17.3%
Earnings per share (in EUR)		0.78		0.94		-17.3%