Mobotix AG (ISIN DE0005218309), a supplier of high-resolution,
network-based video security systems, announces the group’s key figures
in accordance with IFRS for the first half of fiscal year 2011/12
(October 1, 2011 to March 31, 2012).
In the current fiscal year 2011/12 the MOBOTIX Group recorded a strong
second quarter with revenue growth of 18% compared to the prior year.
Revenue growth for the first half of fiscal year 2011/12 amounted to
11%. With EBIT of €9.5 million (prior year: €8.5 million) the group
achieved an EBIT margin of 23%. Net income after tax grew by 16% to €6.7
million.
Revenue increases were seen primarily in Germany (+17%) and countries
outside Europe (+22%), indicating a structural growth problem in certain
European markets. Consequently, growth expectations for the fiscal year
as a whole need to be adjusted to growth of 15% to 20%, and an EBIT
margin of around 23%.
In the medium term, MOBOTIX expects continuing strong growth and high
profitability in response to the enhancement of its sales and
distribution organization outside of Europe and new products in the
areas of video surveillance and door communication systems. Key product
innovations such as the world’s first flexible double-hemispheric camera
(S14) were presented to a wide range of industry experts on the Light +
Building trade fair in Frankfurt, where they met with a high level of
interest.
The Management Board of MOBOTIX AG will present all results relating to
the first half of fiscal year 2011/12 in a teleconference on May 15,
2012 at 11.00 am CET.
About MOBOTIX AG:
MOBOTIX AG is a software company with an in-house hardware development
department for digital, high-resolution and network-based video-security
solutions. The company focuses on the development of user-friendly
system solutions – complete from a single provider. The publicly-traded
company with its headquarters in Langmeil, Germany, is known as the
leading pioneer in network camera technology since its founding in 1999,
and has made high-resolution video systems cost-efficient with its
decentralized camera concept. From 2010 onwards, MOBOTIX continues to
extend its product range to include intelligent home automation products
that are developed in-house. Over one hundred thousand MOBOTIX video
systems are in operation worldwide in embassies, airports, railway
stations, ports, gas stations, hotels and on highways.
Important Note:
This notification contains statements that are based on assumptions and
estimates of MOBOTIX AG. Even though the management considers these
assumptions and estimates to be true and accurate, the future actual
development and the actual results may deviate from these assumptions
and estimates for various reasons. Among those reasons are changes of
the overall economic situation, foreign exchange rates, interest rates
as well as changes in the market trends or the competitive environment.
MOBOTIX AG does not assume any liability for deviations of the future
development and actual results from the assumptions and estimates as
contained in this ad hoc announcement / press release / corporate news.
