10.11.2022 Viscom AG  DE0007846867

EQS-News: Viscom AG continues positive business performance in third quarter of 2022; forecast for year adjusted


 

EQS-News: Viscom AG / Key word(s): 9 Month figures/Quarter Results
Viscom AG continues positive business performance in third quarter of 2022; forecast for year adjusted

10.11.2022 / 07:55 CET/CEST
The issuer is solely responsible for the content of this announcement.


Viscom AG continues positive business performance in third quarter of 2022; forecast for year adjusted


Incoming orders: € 81,008 thousand (previous year: € 67,728 thousand, +19.6%)
Order backlog: € 42,988 thousand (previous year: € 31,846 thousand, +35.0%)
Revenue: €
 66,958 thousand (previous year: € 54,820 thousand, +22.1%)
EBIT: €
 1,885 thousand (previous year: € 1,858 thousand, +1.5%)

 

Hanover, 10 November 2022 – Despite the challenging general economic environment, incoming orders at Viscom AG (ISIN DE0007846867) rose to € 81.0 million, the highest figure in the first three quarters since the company was founded, and an increase of 19.6 % on the previous year’s level (previous year: € 67.7 million). At € 67.0 million, revenue was 22.1 % higher than the previous year’s level (€ 54.8 million). The rise in staff costs and procurement prices has negatively affected earnings: As in the previous year, EBIT amounted to € 1.9 million (previous year: € 1.9 million). The EBIT-Margin was 2.8 % (previous year:
3.4 %).

Demand for Viscom inspection systems is undiminished. Besides X-ray systems, optical systems are still highly sought-after, especially in Europe. The gratifying incoming orders have resulted in an unusually high order backlog of € 43.0 million (previous year: € 31.8 million). Given the ongoing shortage of parts, Viscom is having to postpone the completion and delivery of machinery, which is in turn affecting revenue recognition. The shortages in global supply chains are increasingly affecting Viscom AG’s customers as well: Orders already placed have been delayed and, here too, revenue recognition has been deferred to a later date.

On the basis of the quarterly figures, which were still provisional at the time, and the assumption that market developments will remain positive – Viscom AG revised its forecast for the 2022 financial year on 20 October 2022. Management now anticipates incoming orders of between € 100 million and € 105 million (previously: between € 90 million and € 95 million) and revenue of between € 95 million and € 100 million (previously: between € 90 million and € 95 million) with an EBIT-Margin of 5 % to 8 % (previously: 5 % to 10 %). This translates into EBIT of between € 4.7 million and € 8.0 million (previously: € 4.5 million to € 9.5 million). Achieving this forecast for the 2022 financial year is being made more difficult by the overall economic situation and ongoing supply shortages. The inflation and interest concerns, not to mention the continuous rise in procurement prices, are likewise having a clearly negative impact on Viscom AG’s business. Moreover, reduced freight capacity has the potential to detrimentally affect revenue recognition. Nonetheless, management is confident and feels that the Viscom Group is well positioned to generate sustainable and profitable growth.

The interim Group report as at 30 September 2022 is available for download now in the Investor Relations section of the website at www.viscom.com.

KEY GROUP PERFORMANCE INDICATORS

 

Consolidated statement of comprehensive income   1 Jan. to 30 Sept. 2022 1 Jan. to 30 Sept. 2021
Revenue K€ 66,958 54,820
EBIT K€ 1,885 1,858
EBIT-Margin % 2.8 3.4
Net profit for the period K€ 1,075 1,195
Earnings per share  € 0.12 0.13
Employees at end of quarter   551 464
Consolidated statement of financial position   30 Sept. 2022 31 Dec. 2021
Assets      
Current assets K€ 75,702 67,469
Non-current assets K€ 31,430 31,224
Total assets K€ 107,132 98,693
Equity and liabilities      
Current liabilities K€ 36,027 26,715
Non-current liabilities K€ 14,376 15,403
Equity K€ 56,729 56,575
Total equity and liabilities K€ 107,132 98,693
Equity ratio % 53.0 57.3
Consolidated statement of cash flows   1 Jan. to 30 Sept. 2022 1 Jan. to 30 Sept. 2021
Cash flow from operating activities K€ -3,463 -5,061
Cash flow from investing activities K€ -3,770 -2,115
Cash flow from financing activities K€ -3,957 -2,311
Cash and cash equivalents K€ -17,035 -5,038

 
SEGMENT INFORMATION

 

    1 Jan. to 30 Sept. 2022 1 Jan. to 30 Sept. 2021
EUROPE      
Revenue K€ 32,166 34,072
EBIT K€ -1,426 1,131
EBIT-Margin % -4.4 3.3
AMERICAS      
Revenue K€ 11,459 6,744
EBIT K€ 1,345 189
EBIT-Margin % 11.7 2.8
ASIA      
Revenue K€ 23,333 14,004
EBIT K€ 1,651 543
EBIT-Margin % 7.1 3.9
EBIT consolidation differences K€ 315 -5

 

 

 

About Viscom

Viscom AG develops, manufactures and sells high-quality inspection systems. Its portfolio covers the full range of optical inspection and X-ray inspection. The company is a leading global provider in the field of assembly inspection for electronics manufacturing. Viscom’s systems can be configured for each individual customer and networked. Its headquarters and manufacturing site are in Hanover. With a large network of branches, application centres, service centres and representatives, Viscom is represented all over the world. Established in 1984, Viscom AG has been listed on the Frankfurt Stock Exchange since 2006 (ISIN: DE0007846867). Further information can be found at www.viscom.com.

Any forecasts, expectations or statements concerning the future included in this release may be subject to risk or uncertainty. We therefore cannot guarantee that the expectations will prove correct. Actual results and developments may differ significantly from the expectations and assumptions expressed. The factors that could cause such deviations include changes in the general economic and competitive situation, exchange rate and interest rate fluctuations and changes in national and international law. The company assumes no obligation to update the forward-looking statements in this release.


Contact:
Viscom AG
Investor Relations
Sandra M. Liedtke
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-791
Fax: +49-511-94996-555
[email protected]


10.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Viscom AG
Carl-Buderus-Str. 9-15
30455 Hannover
Germany
Phone: +49 (0) 511 94 996 791
Fax: +49 (0) 511 94 996 555
E-mail: [email protected]
Internet: www.viscom.de
ISIN: DE0007846867
WKN: 784686
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1483179

 
End of News EQS News Service

1483179  10.11.2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 77,25 88,54 93,56 88,86 61,56 79,79 105,50
EBITDA1,2 12,75 15,90 12,92 9,02 -0,77 10,07 13,95
EBITDA-Marge3 16,50 17,96 13,81 10,15 -1,25 12,62 13,22
EBIT1,4 10,50 13,83 10,94 4,02 -5,98 4,20 8,10
EBIT-Marge5 13,59 15,62 11,69 4,52 -9,71 5,26 7,68
Jahresüberschuss1 7,13 9,07 7,81 3,10 -4,41 2,59 5,10
Netto-Marge6 9,23 10,24 8,35 3,49 -7,16 3,25 4,83
Cashflow1,7 0,10 12,75 1,23 7,30 10,26 -3,90 6,50
Ergebnis je Aktie8 0,80 1,02 0,88 0,35 -0,50 0,29 0,57
Dividende8 0,45 0,60 0,45 0,05 0,00 0,20 0,25
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: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Viscom
WKN Kurs in € Einschätzung Börsenwert in Mio. €
784686 9,900 Kaufen 89,30
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,38 24,17 0,53 19,60
KBV KCV KUV EV/EBITDA
1,65 - 0,85 10,07
Dividende '22 in € Dividende '23e in € Div.-Rendite '22e
in %
Hauptversammlung
0,25 0,25 2,53 31.05.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2023 10.08.2023 14.11.2023 28.03.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
7,66% 6,91% 11,49% -13,91%
    
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Inspektionssysteme , 784686 , V6C , XETR:V6C