- Consolidated sales in 2008: €164.6 million (+ 20.6%)
- Consolidated EBIT in 2008: €16 million (+ 33.2%)
- 16% organic growth compared with average market growth of 2% – 5% confirms the euromicron Group’s corporate policy
Fiscal 2008, which was shaped by the leitmotif of integration, was the most successful year in the euromicron Group’s history.
The network infrastructure expert generated sales of €164.6 million, an increase of 20.6% over the previous year’s €136.5 million. Consolidated EBIT grew in the period under review by 33.2% from €12 million to €16 million. The EBIT margin increased from 8.8% to 9.7%. Consolidated net income rose in 2008 by around 15% to €8.1 million (previous year: €7 million). The euromicron Group again achieved a significant increase of 16.3% in undiluted earnings per share to €1.78 compared with €1.53 in the previous year.
“Our 16-percent organic growth in the past year – compared with average market growth of two to five percent – not only confirms our eight-year-old buy and build strategy, but also demonstrates very vividly that we have purchased the right companies for market needs and our corporate culture and integrated them in our Group,” stresses Dr. Willibald Späth, Chairman of the Executive Board of euromicron AG.
euromicron has succeeded in combining all the main network infrastructure components – from production to planning and implementation, whether based on copper, wireless or fiber-optic technology – and so occupying lucrative niche markets. The solution provider for communications, data and security networks thus boasts all the required expertise throughout the technological value chain in the network infrastructure market.
By acquiring AGU Datentechnik, euromicron strengthened its ability to refine and distribute passive network components in 2008. The Group also plugged a gap in Southern Germany by taking an 80 percent stake in NetWays Netzwerk Consulting GmbH, Ettlingen, a specialist in active network technology. The acquisition of NEEF IT Solutions AG, Karlsruhe, gives euromicron access to further interesting large customers. Finally, by purchasing Qubix S.p.A. in Italy, the Group gained access to that country’s market, but in particular also to Eastern Europe, where Qubix is already established with its network solutions.
“Our starting position for 2009 is highly promising. Order books are full, our expertise has been pooled and the people in our Group back our course for success with their commitment; euromicron has laid the groundwork for growth in 2009 – in terms of strategy, technology and human resources,” says an optimistic Dr. Späth about the prospects for 2009.
euromicron AG is a solution provider for communications, data and security networks. Its network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies.
Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is now a strongly growing, highly profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration and expansion.