DGAP-Adhoc

ISRA VISION AG: Revenue milestone of 100 million euros achieved - strong basis for the next growth steps

ISRA VISION AG / Key word(s): Preliminary Results

16.12.2014 08:04

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ISRA VISION AG: 13/14 financial year - double-digit growth in revenues and
profit

Revenue milestone of 100 million euros achieved - strong basis for the next
growth steps

- Revenue increase of 14% to 102.5 million euros (FY 12/13: 89.5 million
euros)

- EBT growth plus 16% to 19.1 million euros (FY 12/13: 16.5 million
euros)

- EBT margin to revenues rises to 19% (FY 12/13: 18%), to total output at
17% (FY 12/13: 17%)

- Continued high margins compared to total output:

- EBITDA margin at 25% (FY 12/13: 26%)

- EBIT margin at 17% (FY 12/13: 17%)

- Gross margin at stable level of 60% to total output (FY 12/13: 60%)

- Operative cash flow improved to 18.7 million euros (FY 12/13: 15.5
million euros)

- Order backlog of approx. 57 million euros (PY: approx. 51 million
euros)

- GP Solar integration completed successfully - solar business continues
positive development with new orders

- Earnings per share rise to 2.97 euros (FY 12/13: 2.64 euros)


ISRA VISION AG (ISIN: DE 0005488100), one of the world's top companies for
industrial image processing (Machine Vision) as well as globally leading in
surface inspection of web materials and 3D machine vision applications,
reached the important milestone of 100 million euros - based on audited,
but not yet certified figures - and again meets the forecast. With revenues
of 102.5 million euros (FY 12/13: 89.5 million euros) and an EBT growth of
16 percent to 19.1 million euros, ISRA creates a strong basis for the next
revenue dimension. The EBT margin compared to revenues increases by one
percentage point to 19 percent (FY 12/13: 18%), compared to total output it
is at 17 percent as in the previous year. With respect to operative cash
flow, the 2013/2014 financial year closes with a positive trend - the
operative cash flow improves to 18.7 million euros (FY 12/13: 15.5 million
euros). Given the increase by one percentage point in equity ratio to 58
percent (September 30, 2013: 57%) and the available credit lines, the
company is equipped with solid capital resources for future growth. The
earnings per share after taxes (EPS) increases to 2.97 euros (FY 12/13:
2.64 euros).

Management considers the important revenue mark of 100 million euros a