Mobotix reports 45% sales growth in the first half of fiscal year 2010/11

After a strong second quarter with 47% sales growth, Mobotix increased the total sales for the first half year of fiscal year 2010/11 (July 1st to December 31) 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).

The half-year results at a glance (July 1 to December 31, 2010):

• Sales: €34.6 million (+ 45%)
• Export ratio: 74%
• EBIT: €9.0 million (+ 91%)
• EBIT in % of total output: 25%
• Net income for the period (after taxes): €6.2 million (+ 96%)
• Earnings per share: €1.42 (+ 97%)