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InTiCa Systems publishes the annual report for FY 2013 - Automotive Technology ensures profitable growth

DGAP-News: InTiCa Systems AG / Key word(s): Final Results
InTiCa Systems publishes the annual report for FY 2013 - Automotive
Technology ensures profitable growth

24.04.2014 / 07:35

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Preliminary figures confirmed - Group sales at EUR 37.8 million (2012: EUR
36.3 million), EBITDA margin increased to 15.1% (2012: 12.4%) und EBIT
margin to 2.7% (2012: 0.1%)

Net profit amounted to EUR 0.5 million (2012: minus EUR 0.4 million)

Operating cash flow increased to EUR 3.8 million (2012: EUR 3.5 million)

Orders on hand indicate further growth potential

Sales increased to EUR 9.95 million in the first quarter of 2014 (Q1 2013:
EUR 9.85 million) while EBITDA is expected to be around EUR 1.4 million and
EBT to exceed EUR 0.2 million

Positive outlook for FY 2014 - Sales of around EUR 43 million at an EBIT
margin of approx. 3.5% expected

Passau, April 24, 2014 - InTiCa Systems AG, quoted in the Prime Standard of
the Frankfurt Stock Exchange (ISIN DE0005874846, Ticker IS7), today
publishes the annual report for FY 2013. Supported by the Automotive
Technology segment, which continued the dynamic growth of previous years,
the European leader in the development, manufacture and commercialization
of inductive components, passive analogue switching technology and
mechatronic assemblies was able to post a further clear increase in sales
and earnings, confirming the previously announced preliminary figures.
Sales were 4.1% higher than in 2012 at EUR 37.8 million, EBITDA grew 27% to
EUR 5.7 million (EBITDA margin 15.1%) and EBIT increased to EUR 1.0 million
(margin 2.7%). The bottom line was net income of EUR 0.5 million compared
with a slight net loss in 2012.

"Our performance in 2013 shows that IniTiCa Systems AG is making good
progress in positioning itself as a development partner and solution
provider for its customers. In the automotive industry in particular, there
is rising demand for our technologies and solutions. InTiCa Sytems will
therefore continue its strategic focus on developing and commercializing
innovative products to extend the product portfolio and reduce dependence
on specific markets. At the same time, we want to increase our value added
to secure our technical knowledge, generate better margins, reduce
dependence on suppliers and continue to expand our systems competence",
concluded Walter Brückl, CEO of InTiCa Systems AG for FY 2013.

Sales and earnings position
Group sales advanced 4.1% year-on-year to EUR 37.8 million in 2013 (2012:
EUR 36.3 million). The positive overall development was due to the
continuation of the very dynamic growth trend in the Automotive Technology