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News

Financial growth for surveillance manufacturer

Mobotix : 12 February, 2009  (Company News)
Earnings and profit growth for Mobotix in first half of fiscal year demonstrates good market in surveillance systems
Mobotix reports the results for the first half of fiscal year 2008/09, ending on December 31, 2008.

The Mobotix Group (IFRS consolidated statements) has reached a sales growth of approx. 44% in the first half of fiscal year 2008/09 resulting in sales of Euro22.0m (previous year: Euro15.3m).

The group EBITDA reached Euro5.8m (previous year: Euro3.3m). Reporting a 25.5% (previous year: 20.1%) EBITDA margin MOBOTIX continues to reach a high level of profitability. With an EBIT of Euro5.2m (previous year: Euro2.7m), the EBIT margin could be increased to 22.9% (previous year: 16.3%). The profit for the period amounts to Euro3.8m, resulting in earnings per share of Euro0.85.

In the second quarter (October 1 - December 31, 2008) of the current fiscal year Mobotix ´s sales amounted to Euro11.7m (previous year: Euro8.4m) corresponding to a growth of about 40% compared with the same period of the previous year.

The worldwide market share could be further increased due to the continuously high growth in quarter, which was again above average. The EBIT in the second quarter of the fiscal year rose even disproportionately by 131.6% to Euro2.7m (previous year: Euro1.2m), corresponding to an EBIT margin of 22.5%.
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