14/05/2012
Mobotix announces half year figures
Langmeil, Germany
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 organisation outside of Europe and new products in the areas of video surveillance and door communication systems that will be launched to the market in short time. Recently key product innovations such as the world’s first flexible double-hemispheric camera (S14) were presented to a wide range of industry experts at 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.