DATA MODUL marks declining sales and earnings figures for the first quarter

EQS-News: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von
elektronischen Systemen / Key word(s): Quarter Results
DATA MODUL marks declining sales and earnings figures for the first quarter

08.05.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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DATA MODUL marks declining sales and earnings figures for the first quarter

* Sales down 12.3% year-on-year in the first quarter

* Incoming orders down 40.6% year-on-year at EUR 50.3 million

* Order backlog drops to 149.8 million

  * EBIT of EUR 4.1 million in the first quarter 15.5% below the previous
    year's level

Munich, May 8, 2024 - DATA MODUL could not confirm the high level of revenue
and earnings achieved in the same quarter of the previous year at the
beginning of fiscal year 2024 because of the severely deteriorated economic
environment in the sales markets and, therefore, closed the first quarter
with a decline in business development. Compared to the same quarter of the
previous year, sales dropped by 12.3% to a total of EUR 63.5 million.
Incoming orders fell by 40.6% to a quarterly figure of EUR 50.3 million. As
a result, the order backlog of EUR 149.8 million is below the previous
year's high-level mark of EUR 205.3 million and reflects the declining
economic environment and the great uncertainty in sales markets across
nearly all industries and regions. DATA MODUL closed the first quarter with
an EBIT of 4.1 million euros, slightly below previous year's level for the
same period.

Group key figures

    In TEUR                        Q1 2024    Q1 2023    Change
    Turnover                        63,531     72,414    -12.3%
    Incoming orders                 50,278     84,708    -40.6%
    Order backlog                  149,796    205,340    -27.0%
    EBIT                             4,095      4,849    -15.5%
    EBIT return                       6.4%       6.7%     -3.7%
    Profit for the period            2,739      3,311    -17.3%
    Earnings per share (in EUR)       0.78       0.94    -17.3%

Outlook

Like many others, DATA MODUL continues to face the challenging economic
conditions caused by the noticeable effects of inflation and the associated
cost increases. The economic weakness and the uncertainty caused by politics
and global crises are having a negative impact on sales markets. However,
thanks to the long-term and consistent implementation of the strategy
program and strict cost management, the Group is prepared for tense economic
conditions even in times of crisis. The further development of the 2024
financial year will depend on the overall economic recovery, which is
currently difficult to predict. Based on the current order situation, the
Management Board does not rule out a negative development of key figures for
the year as a whole.




Contact:
Lena Haas
Investor Relations
investor-relations@data-modul.com


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08.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   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:    1897975

End of News EQS News Service
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1897975 08.05.2024 CET/CEST