08.05.2014
![]()
DGAP-News: Matica Technologies AG: Corrigendum Final Result 2013
Matica Technologies AG / Key word(s): Final Results/Final Results
08.05.2014 09:02
Dissemination of a Corporate News, transmitted by DGAP - a company of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Press Release
CORRIGENDUM - 2013FY Audited Results
Stuttgart, May 7, 2014 (A0JELZ) - Matica Technologies Group announces that
today the Company has adjusted a clerical error regarding the value of EBIT
2013 in the Press Release related to "2013FY Audited Results".
Consequently, the correct text of the Press Release is the follows:
Matica Technologies Group (MTG), a leading international ID solutions
provider, reports the following audited figures for the fiscal year 2013
ended December 31, 2013.
2013FY Revenues: EUR 30.3 million (+2.0% yoy)
2013FY EBIT: EUR 1.0 million (+67% yoy)
2013FY PBT: EUR 0.9 million (+50% yoy)
2013FY Net Profit: EUR 0.3 million (0% yoy)
Matica Technologies AG (D7S.GR) reports the following 2013FY figures:
In 2013, Matica Technologies continues on the path of profitability and
harvests the fruit of restructuring and reorientation: total revenues are
at almost EUR 30.3 million (+2.0% yoy) with gross margin of 33.5% slightly
under the 2012FY margin of 35.5%. Including Other Income the gross margin
is up to 37.9% versus 37.6% in 2012FY.
The EBIT reached EUR 1.0 million and exceeds the 2012FY EBIT by impressive
67%. The major positive effects come from the cost reduction measures,
especially at the company's headquarters in Esslingen, Germany, and from
other income generated from various sources for a total of EUR 1.1 million.
The consolidated statements show a net profit almost equal to 2012FY in the
amount of EUR 0.3 million, while the profit before taxes has increased from
EUR 0.5 million in 2012FY to EUR 0.9 million in 2013FY.
Sandro Camilleri, CEO of Matica Technologies, declares: "2013 has been a
milestone for Matica Technologies as we recorded our best result ever.
Matica's strong performance in 2013 reflects the benefits of our
restructuring activities, the continuous investments in Research &
Development and the progress we are making towards our five-year
objectives."
CEO Sandro Camilleri further comments: "The Group exceeded its growth
objective, achieving over 67% growth in the EBIT despite economic headwinds
in some of our markets. I take this opportunity to thank the Matica team
for achieving these results and look forward to further improve in the
years to come".
About Matica Technologies Group
Matica Technologies Group is a fast-growing, innovative, and global present
company with a strong international network in its market. Matica develops,
manufactures and distributes flexible solutions for industrial card
personalization and card mailing systems. The offer covers a wide range of
applications for banking, government, access control, ID and
transportation, featuring a full range of alternative personalization and
encoding technologies. The Group is represented worldwide with offices in
Italy, Germany, France, Singapore, China, the USA and the UAE.
For further information visit our website under www.maticatech.com.
CONTACT
Matica Technologies AG | Teckstrasse 52 | D-73734 Esslingen
Phone: +49 (711) 341 689-0 Fax: +49 (711) 341 689-550 [email protected]
08.05.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Matica Technologies AG
Teckstraße 52
73734 Esslingen
Germany
Phone: +49 (0)711 341 689 0
Fax: +49 (0)711 341 689 550
E-mail: [email protected]
Internet: www.digital-identification.com
ISIN: DE000A0JELZ5
WKN: A0JELZ
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Frankfurt in Open Market (Entry Standard)
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|