DGAP-News: euromicron continues its strong performance in the third quarter of 2010

euromicron AG / Key word(s): Quarter Results

15.11.2010 07:00
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– Consolidated sales increase by 14.3% to EUR149.8 million
– Consolidated EBIT grows by 19.3% to EUR10.3 million and
EBITDA from EUR10.8 million to around EUR13.1 million

Frankfurt/Main, November 15, 2010 – euromicron–s strong performance
continued in the third quarter of 2010. The euromicron Group has mainly
exploited this to strengthen the principles of its long-term strategy, such
as a restrictive expenditure policy, tight liquidity management and pooling
all technologies so that they can be leveraged for its customers
Germany-wide, and so to continue expanding its operational business.

–In fiscal 2010 we have put the focus on integrating and bringing together
highly specialized employees and locations so as to pool our extensive
know-how in the entire field of network infrastructure,– states Dr.
Willibald Späth, Chairman of the Executive Board of euromicron. –Since our
market capitalization is now above EUR100 million, we have been able to
increase awareness of euromicron in the capital market and attract greater
attention from large analyst departments and research houses. We have also
won new and interesting investors who are important for our corporate
policy, something that is reflected in the around 50% rise in euromicron–s
share over the closing price at the end of 2009,– adds Dr. Späth.

Consolidated sales In the first nine months of 2010, euromicron generated
consolidated sales of EUR149.8 million, a year-on-year increase of 14.3%.

Consolidated income Consolidated EBIT rose in the period under review to
EUR10.3 million (previous year: EUR8.6 million). Operating income of the
associated companies was as we expected at EUR14.8 million (previous year:
EUR13.5 million). EBITDA increased by EUR10.8 million to approximately
EUR13.1 million. Undiluted earnings per share were EUR1.17 (previous year:
EUR0.96) on a net profit of EUR5.6 million (previous year: EUR4.3 million).

Order situation at the Group euromicron recorded new orders of EUR154.0
million in the first nine months of fiscal 2010, a year-on-year increase of
17.6%. In euromicron–s assessment, investments in Germany have not yet
peaked. Order books were EUR100.3 million (previous year: EUR80.0 million),
an increase of 25.4%.

Balance sheet structure The euromicron Group–s total assets at September
30, 2010, were EUR192.6 million, up by EUR6.7 million from December 31,
2009 (EUR185.9 million).

Personnel 1,073 persons, excluding trainees, were employed by the
euromicron Group in the first nine months of fiscal 2010, Personnel costs
totaled EUR41.1 million (previous year: EUR36.4 million).

Stockholders– equity Stockholders– equity is EUR86.2 million, around
EUR8.0 million above the level stated in the 2009 financial statements. The
equity ratio is 45.8%. The subscribed capital increased by EUR1.2 million
from EUR11.9 million to EUR13.1 million as a result of utilization of the
authorized capital.

The share One pleasing aspect was the surge in euromicron–s share in the
third quarter. Its price at the beginning of 2010 was still below EUR16,
but four weeks after the reporting date for the third quarter it was more
than EUR23. This good performance can be explained by the company–s good
course of business and our stronger investor relations work in the third
quarter. Many roadshows, one-on-one meetings, analysts– conferences, etc.,
further intensified communication with shareholders and investors with the
aim of boosting interesting placements in our company following the
retirement of Nord/LB and other investors with a short investment horizon.

German Financial Reporting Enforcement Panel examination: Despite
differences in the understanding and interpretation of individual
accounting and measurement regulations between the German Financial
Reporting Enforcement Panel (DPR) and euromicron AG–s management and its
auditing firm, the examination for 2006 to 2009 was completed with
tolerable results for the company. The effects of the discovered errors are
offset against stockholders– equity in the 2010 consolidated financial
statements and do not have any impact on euromicron AG–s sales, income and
cash flow forecasts.

Outlook The general economic conditions for our core market of Germany are
developing positively and demand for powerful networks and cost-effective
applications for voice, data and video transport will continue to grow. We
have laid a solid foundation, both in terms of content and structurally,
and have the blanket coverage to offer our customers any tailor-made
solution of their wish.
Given our successful performance to date in fiscal 2010, we are sticking to
our target of achieving total sales of EUR200 million and an adjusted EBIT
of 8-11%. Apart from these economic objectives, we aim to further enhance
awareness of the euromicron brand name. We are achieving that more and more
thanks to our tried-and-tested quality, solution-oriented expertise and
continuation of our active PR and investor relations work.

You can find the Q3/2010 Interim Report as of November 12, 2010, on our
homepage at http://www.euromicron.de/unternehmen/publikationen.php.

euromicron AG (www.euromicron.de) is an all-round solution provider for
communications, data and security networks. Its network infrastructures
integrate voice, video and data transport wirelessly, via copper cable and
by means of fiber-optic technologies. euromicron builds leading
applications, such as security, control, healthcare or surveillance
systems, on the basis of these cutting-edge network infrastructures.

Founded on its expertise as a developer and producer of fiber-optic
components, euromicron AG is now a strongly growing, highly profitable
group that is listed on the stock market, has a medium-sized character and
focuses on operational growth, integration and further market penetration,
internationalization and expansion.

Contact:
euromicron AG
Investor&Public Relations
Speicherstr. 1
60327 Frankfurt/Main
Germany
Phone: +49 (0)69-631583-0
Fax: +49 (0)69-631583-17
E-mail: IR-PR@euromicron.de
http://www.euromicron.de
ISIN DE0005660005
ISIN DE000A1EMGE2
Securities identification number 566000
Securities identification number A1EMGE

15.11.2010 Dissemination of a Corporate News, transmitted by DGAP –
a company of EquityStory AG.
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Language: English
Company: euromicron AG
Speicherstr. 1
60327 Frankfurt
Deutschland
Phone: +49(0) 69 631583-0
Fax: +49(0) 69 631583-20
E-mail: info@euromicron.de
Internet: www.euromicron.de
ISIN: DE0005660005
WKN: 566000
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, Düsseldorf, Berlin, Stuttgart

End of Announcement DGAP News-Service

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