DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: decline in sales and earnings during the third quarter of 2019 compared to previous year and adjustment of the forecast for the fiscal year 2019
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen / Key word(s): Profit Warning
According to an analysis of preliminary results, the sales and earnings figures of DATA MODUL AG declined in the third quarter of 2019, compared to the numbers achieved in the same period of the previous year. The main reason for this is the continued troubled market environment. Therefore, the company also adjusts its forecast for the fiscal year 2019.
The group EBIT in the third quarter of the fiscal year 2019 amounted to EUR -0.4 million, marking a decline of approx. 107 % in comparison to the same period of the previous year (EUR 5.9 million). Sales declined by approx. 29 % to EUR 44.3 million in comparison to EUR 62.1 million in the third quarter of the fiscal year 2018. Bookings declined by approx. 28 % to EUR 46.3 million in comparison to EUR 64.2 million for the same period of the previous year. DATA MODUL AG will publish the final results for the third quarter of the fiscal year 2019 on November 9th, 2019. The company further adjusts its forecast for the fiscal year 2019 as follows:
Explanations of the financial parameters used can be found on DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen’s homepage (available at https://www.data-modul.com/en/company/investors/financial-reports.html). Contact: Beate Junker Head of Finance and Investor Relations investor-relations@data-modul.com
16-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen |
Landsberger Straße 322 | |
80687 München | |
Germany | |
Phone: | +49 (0) 89 56017-105 |
Fax: | +49 (0) 89 56017-102 |
E-mail: | investor-relations@data-modul.com |
Internet: | www.data-modul.com |
ISIN: | DE0005498901 |
WKN: | 549890 |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 890923 |
End of Announcement | DGAP News Service |
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