Viscom AG / Quarter Results



Corporate-announcement transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

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Viscom starts a successful 2006

Revenue increase of 8.9% over last year's successful first quarter
EBIT reaches € 2.9 million - 34.8% higher than the first quarter 2005
EBIT margin climbs to 21.9%

Hannover, May 29 2006 - The Viscom AG, European market leader for automated optical inspection systems in the electronics industry, has successfully started the year 2006.

With revenues of €13,1 million, Viscom exceeded the exceptional quarter of January to March 2005 by 8,9%. Profitability rose even more conspicuously: the EBIT reached €2,9 million and stands 4.2%-points over the first quarter 2005. 'This advantageous development can be traced back to the continual advancement of serial production, which has as its goal higher productivity and reduced expenditures for materials through reduced purchasing prices', as Ulrich Mohr, board member responsible for finance, explains the improvement.

With revenues of €9,1 million in the first quarter of 2006, the European region constitutes the largest sales market for the Viscom Group. However, the Asian market showed especially strong growth in this year's first quarter: here, revenues climbed 176% to €1,6 million. The portion of company revenues rose alongside, from 4.9% to the current 12.4%. 'This rise reflects the dynamic of the Asian market and underscores the future growth potential in this region', says Volker Pape, company founder and board member of the Viscom Group.

In America, Viscom increased its revenues 23.7% to €2,4 million during the first quarter 2006. The portion this market contributed to total revenues rose from 15.9% to a current 18.1%, pointing out the increasing international presence taken by the Viscom Group.

Worldwide, Viscom received orders of over €11,0 million in the first quarter of 2006. Thus, customers of the Viscom AG placed 10% more orders than in the first quarter of 2005.

The Viscom Group engages itself in a sustainable growth market. The successful initial public offering of the Viscom Group on the tenth of May 2006 provided the company with a high influx of liquidity. 'With this, Viscom is in the position to carry forward numerous future-oriented investments and to clearly accelerate the future growth dynamic', as Martin Heuser, company founder and board member, points out.
With targeted additions to its workforce, Viscom is laying the groundwork for the continued growth of the corporation. In the report period, the number of employees rose by 30, to 296.

Key Figures of Viscom AG

Consolidated Information

1st Quarter 2006