DGAP-Adhoc

ISRA VISION AG: ISRA continues growth course - First six months financials with solid

ISRA VISION AG / Key word(s): Half Year Results

31.05.2013 07:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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ISRA VISION AG: 1st Half Year of 2012/2013 - Revenues grow by 8%, EBT by 9%

ISRA continues growth course - First six months financials with solid
increase in revenues and earnings

- Revenue growth in the first six months plus 8% to 40.1 million euros
(Q2 YTD 11/12: 37.3 mill. euros)

- EBT growth in the first six months plus 9% (comp. to Q2 YTD 11/12)

- Gross margin on a stable level of 60% to total output (Q2 YTD 11/12:
60%)

- Continued high margins with respect to total output:

- EBITDA margin at 26% (Q2 YTD 11/12: 26%)

- EBIT margin at 17% (Q2 YTD 11/12: 17%)

- EBT margin at 16% (Q2 YTD 11/12: 16%)

- Revenue growth in Industrial Automation segment plus 19% (comp. to Q2
YTD 11/12)

- Order backlog currently 49 million euros (PY: approx. 55 mill. euros)

- Earnings per share (EPS) increased to 1.12 euros (Q2 YTD 11/12: 1.02
euros)

- Market development non-uniform in the individual industries and regions

- Acquisition of GP SOLAR -Targeted reinforcement of market position in
photovoltaics for future market opportunities

ISRA VISION AG (ISIN: DE 0005488100), one of the world's leading companies
of industrial image processing (Machine Vision), global market leader for
surface inspection systems, and one of the leading 3D machine vision
providers, continues the successful first quarter with solid growth in the
second quarter. Revenues rose in the first six months of the current
financial year (October 01 to September 30) compared to the same period of
the previous year by 8 percent to 40.1 million euros (Q2 YTD 11/12: 37.3
mill. euros).

The profitability followed the first quarter, whereby all earning margins
are at a constantly high level, as forecasted. With respect to total
output, the EBT margin was at 16 percent (Q2 YTD 11/12: 16%) and in terms
of revenues at 18 percent (Q2 YTD 11/12: 18%). EBT (Earnings Before Taxes)
increased to 7.1 million euros, corresponding to an improvement of 9
percent compared to the first six months of 2011/2012 (Q2 YTD 11/12: 6.5
mill. euros). With respect to total output, the EBIT margin reached 17
percent (Q2 YTD 11/12: 17%), compared to revenues, it was once again at 19
percent (Q2 YTD 11/12: 19%). After depreciation and amortization in the
amount of 4 million euros in the first six months (Q2 YTD 11/12: 3.7 mill.