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MOBOTIX AG announced the Group's financial results for the first six months of fiscal year 2010-11

Published on 11 March, 2011
Mobotix AG announces the Group's financial results (the IFRS financial statements) for the first six months of fiscal year 2010/11 (July 1 to December 31, 2010) 

MOBOTIX increased the total sales for the first half year by approximately 45% to €34.6 million

MOBOTIX AG (ISIN DE0005218309), system provider of high-resolution and network-based video security systems, announces the Group's financial results (the IFRS financial statements) for the first six months of fiscal year 2010/11 (July 1 to December 31, 2010). After a new strong second quarter with 47% sales growth, MOBOTIX increased the total sales for the first half year by approximately 45% to €34.6 million (previous year: €23.9 million).

EBITDA of €10.4 million translated into an EBITDA margin of almost 29%. EBIT increased by 91% to €9.0 million (previous year: €4.7 million) and the Group EBIT margin is now approximately 25%. Net income after taxes climbed 96% from €3.2 million to €6.2 million. Accordingly, earnings per share improved by approximately 97% to €1.42 (previous year: €0.72).


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