Viscom AG: Preliminary results 2010
Viscom AG / Key word(s): Preliminary Results/Final Results
23.02.2011 17:59
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Hanover, 23 February 2011 - Viscom AG (ISIN DE0007846867) increased its
revenue and earnings figures considerably once again in the fourth quarter
of 2010, exceeding even the positively adjusted guidance for 2010.
In the past financial year, Viscom AG generated revenue of EUR 40 million,
corresponding to a rise of around 91 % year on year (previous year: EUR
20.9 million). Revenue therefore considerably exceeded the Company's
guidance of EUR 34 million to EUR 35 million. Targeted procurement
management measures enabled Viscom AG to resolve procurement bottlenecks at
short notice. By improving the availability of parts and employing
temporary workers, the Company was able to deliver a larger number of
orders than originally planned in November and December 2010.
Net profit for the period in 2010 amounted to EUR 10.5 million (previous
year: EUR -13.7 million), also higher than the forecast in the region of
EUR 4 million to EUR 4.5 million. The net profit for the period includes
an one-off effect from deferred tax assets in the amount of EUR 4.1
million.
Due to revenue rising steeply and at the same time cost increases being
only below average, earnings before interest and taxes came to EUR 7.1
million (previous year: EUR -13.9 million). EBIT include one-off effects
from the capitalisation of company-produced assets (EUR 1.1 million) and
the reduction of impairment losses (EUR 1.8 million).
In 2010, incoming orders amounted to EUR 48.2 million, clearly up on EUR
19.9 million in the previous year. Order backlog at the end of 2010 was EUR
13.5 million (previous year: EUR 5.3 million).
The final key figures on the Group's financial position and earnings
situation for financial year 2010 will be published on 30 March 2011.
Contact:
Viscom AG
Investor Relations
Sandra Liedtke
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-850
Fax: +49-511-94996-555
sandra.liedtke@viscom.de
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Language: English
Company: Viscom AG
Carl-Buderus-Strasse 9-15
30455 Hannover
Deutschland
Phone: +49 (0) 511 94 996 850
Fax: +49 (0) 511 94 996 555
E-mail: sandra.liedtke@viscom.de
Internet: www.viscom.com
ISIN: DE0007846867
WKN: 784686
Listed: Regulierter Markt in Frankfurt (General Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service