• Sales increase by 14.5% in the first quarter compared to previous year’s quarter
• Order entry of EUR 84.7m, significantly exceeding previous year by 23.5%
• Order backlog increased by 19.0% to 205.3m compared to previous year’s quarter
• EBIT of EUR 4.8m in the first quarter marks rise of 15.6% compared to previous year

Munich, 9 May 2023 – DATA MODUL continued its successful business development from last year and has started the fiscal year 2023 with significant increases in sales and earnings. Compared to Q1 of the previous fiscal year, sales increased by 14.5% to an amount of EUR 72.4m. An even more significant increase of 23.5% was achieved on the order entries reaching a quarterly figure of EUR 84.7m. Consequently, the order backlog of EUR 205.3m is above previous year’s level of EUR 172.6m and reflects the sustained high demand across all industries and regions. Profit-wise DATA MODUL closes the first quarter with an EBIT figure of EUR 4.8m, significantly exceeding previous year’s Q1 level.

Group-wide key performance indicators
 

In TEUR		Q1 2023		Q1 2022		Change by
Sales		72,414		63,266		14.5%
Order entry		84,708		68,587		23.5%
Order backlog		205,340		172,552		19.0%
EBIT		4,849		4,193		15.6%
EBIT margin		6.7%		6.6%		0.2%
Quarterly result		3,311		3,312		0.0%
Profit per share (in EUR)		0.94		0.94		0.0%

Outlook

DATA MODUL continues to face challenging economic conditions caused by the noticeable effects of inflation and the associated cost increases as well as higher financing costs. However, due to the long-term and consequent realization of its strategy, the Group is well prepared for tight economic conditions even in times of crisis and looks ahead with confidence. Based on the level of current orders and a further brightening of the business climate the Executive Board expects a good fiscal year 2023.