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InTiCa Systems publishes the annual report for FY 2013 - Automotive Technology ensures profitable growth - Seite 3
trend in the Automotive Technology while sales from the other two segments
were below previous year's level. The Board of Directors expects Group
EBITDA to be around EUR 1.4 million (EBITDA margin: 14%) and EBT to exceed
EUR 0.2 million.
Outlook
Despite ongoing cyclical uncertainty, the Board of Directors of InTiCa
Systems AG expects the positive trend to continue over the year as a whole.
Automotive Technology will remain the most important segment for InTiCa's
business in 2014. Industrial Electronics and Communications Technology are
expected to stabilize. In addition, all three segments have new products
that should give them opportunities to gain access to further markets. For
example, many product innovations for electric and hybrid cars will become
more important in the future and should also make a perceptible
contribution to the sales and earnings trends in the Automotive Technology
segment. In the Communication Technology segment, a variety of newly
developed innovative products based on coaxial cable technology, used, for
example, in DSL broadband networks open up new opportunities and products
developed by the company to reduce the power consumption of industrial
equipment and domestic appliances should further drive sales potential in
Industrial Electronics. This is also reflected in the increase in orders on
hand in the Group: Orders totalled EUR 37.8 million on March 31, 2014,
compared to EUR 34 million on March 31, 2013.
Assuming at least moderate overall growth, from the present viewpoint the
Board of Directors therefore expects to raise sales and earnings further in
2014. Overall, the Board of Directors expects Group sales in 2014 to be
around EUR 43 million, with an EBIT margin of approximately 3.5%.
The full annual report with the audited statements 2013 is available for
download on the Internet site of InTiCa Systems under www.intica-systems.de
in the Investor Relations section.
InTiCa Systems AG
The Board of Directors
CONTACT Walter Brückl | CEO
PHONE +49 (0) 851 - 966 92 - 0
FAX +49 (0) 851 - 966 92 - 15
MAIL investor.relations@intica-systems.de
About InTiCa Systems:
InTiCa Systems is a European leader in the development, manufacture and
commercialization of inductive components, passive analogue switching
technology and mechatronic assemblies. It operates in the Automotive
Technology, Communication Technology and Industrial Technology segments and
has ca. 465 employees at its sites in Passau (Germany) and Prachatice
(Czech Republic).
The Automotive Technology segment focuses on innovative products that raise
the comfort and safety of cars, improve the performance of electric and
hybrid vehicles and reduce carbon emissions. InTiCa Systems' Communication
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