19.08.2019 Softing AG  DE0005178008

DGAP-News: Softing AG to acquire Phoenix Digital


 

DGAP-News: Softing AG / Key word(s): Takeover
Softing AG to acquire Phoenix Digital

19.08.2019 / 09:01
The issuer is solely responsible for the content of this announcement.


Knoxville, TN, August, 2019 - Softing has acquired the assets of Phoenix Digital Corporation (PDC), a provider of secure industrial fiber optic communication products. The business will be operated by Online Development Inc.

"Phoenix Digital's secure fiber optic modules are a great addition to Softing Industrial's portfolio of IoT communications products, expanding the technologies offered and the industries served," said Dr. Wolfgang Trier, CEO of Softing AG. Softing is expecting the acquisition to contribute additional revenue of up to EUR 3 million annually once integrated in the Softing product portfolio.

The patented Phoenix Digital communication approach is secure by design. The fiber-optic packet-encapsulation technology requires no user-based software and is simple to deploy. The ring topology sets up with a single dip switch on only one of the modules. No programming, addressing assignments, or configuration are required. The PDC system is MACID based, not IP based. The end user does not have to set up an IP based system or cross reference tables.

Oil and Gas, Mining, Chemical, Water, Wastewater and Infrasturture are all key industries for PDC. These industries value robustness, security, and the ability to bring the systems back online very quickly.

About Phoenix Digital
Founded in 1992, Phoenix Digital operates on the principal that industrial fiber optic networking shouldn't be difficult. Its fiber optic communication modules are installed in demanding environments such as oil and gas, water/wastewater, mining, bridges and tunnels, and power generation. The secure fiber optic modules require no IP programming, software updates, security patches, driver updates or memory flash configurations. https://www.phoenixdigitalcorp.com

About Softing AG
Softing is a leading global provider of products for Industrial Automation and for Automotive Electronics. For over 30 years, Industrial data communication between fieldbus devices, controllers, and hosts has been the core business of Softing Industrial Automation. The company uses standardized technologies in the field of process engineering applications and discrete manufacturing. Based on in-house technology and cross-sector expertise, Softing offers innovative hardware and software products together with comprehensive integration services for fieldbus technology, Industrial Ethernet, and OPC. For more information visit http://company.softing.com/en/




Contact:
Dr. Wolfgang Trier
CEO


19.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: [email protected]
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 859277

 
End of News DGAP News Service

859277  19.08.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 80,42 78,71 83,89 91,07 77,60 84,69 94,00
EBITDA1,2 12,26 6,84 9,02 12,12 7,76 9,07 11,80
EBITDA-Marge3 15,24 8,69 10,75 13,31 10,00 10,71 12,55
EBIT1,4 7,16 2,35 4,08 4,30 -3,93 -0,48 2,60
EBIT-Marge5 8,90 2,99 4,86 4,72 -5,06 -0,57 2,77
Jahresüberschuss1 5,72 0,73 3,33 2,93 -4,58 -0,07 1,45
Netto-Marge6 7,11 0,93 3,97 3,22 -5,90 -0,08 1,54
Cashflow1,7 9,52 3,56 9,43 10,37 4,91 11,05 12,00
Ergebnis je Aktie8 0,82 0,10 0,38 0,31 -0,50 0,01 0,16
Dividende8 0,20 0,13 0,13 0,04 0,04 0,10 0,10
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

INVESTOR-INFORMATIONEN
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Softing
WKN Kurs in € Einschätzung Börsenwert in Mio. €
517800 5,320 Kaufen 48,44
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,67 22,18 0,55 12,82
KBV KCV KUV EV/EBITDA
0,79 4,38 0,57 6,15
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,10 0,13 1,88 06.05.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
03.05.2022 12.08.2022 15.11.2022 29.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,24% -9,03% -21,76% -18,15%
    
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Automatisierung , 517800 , SYT , XETR:SYT