The financial and capital markets are giving a positive response to the end of era of Nord/LB and Vatas Belgique SA, Brussels, at euromicron and ascribing further potential for its share in future. Following the announcements by Vatas Belgique SA, Brussels, in February 2010 and the information provided by Nord/LB in August 2010 that they no longer hold any shares in euromicron, further investors dating from 2005 and 2006 have significantly reduced their stake in euromicron, as was expected. Aktieninvestor AG, Austria, now holds 2,69% (publication on April 16, 2010), CAIAC Fund Management, Liechtenstein, 2.15% (publication on April 1, 2010) and Guy Wyser-Pratte 2.90% (publication on August 25, 2010).
New investors, such as DWS Investment GmbH with a stake of 5.66%, Allianz Global Investors with 5.18% and Universal Investment with 5.035%, now shape euromicron AG’s shareholder structure and give a new long-term perspective to its share. These shareholders set store by the company’s proven strategy and aim to support euromicron actively.
euromicron’s development in the capital market has since been accompanied by a number of positive factors. Despite utilization of the authorized capital and an increase in the number of shares to 5,125,999, the share price has risen sharply. Research houses such as equinet AG, Close Brothers Seydler AG, Lampe Research or Dr. Kalliwoda Research still recommend the share as a “buy” and give it attractive upside targets. The trade magazine “Der Aktionär” (The Shareholder) includes euromicron in its specimen portfolio; the focus and the company’s aim is for a market capitalization of €100 million (currently around €95 million).
This successful performance is inducing the Executive Board to expand and invest more in capital market and IR work in the second half of 2010. euromicron will present itself increasingly at roadshows and capital market conferences. The company aims to further enhance its visibility and win future-oriented investors. The large demand for the share at present is underpinned by a strong business performance in the first half of the year, some of the highlights of which were new orders of €100 million, an EBIT return of around 16% EBIT and an almost 10% increase in sales. “We should achieve our targets of €200 in sales and an EBIT of €20 million for the year, given a positive market environment,” Stresses Dr. Willibald Späth, Chairman of the Executive Board.
You can find the 2010 half-yearly report as of August 13, 2010, on our homepage at http://www.euromicron.tld/en/finanzberichte.
euromicron AG (www.euromicron.de) is an all-round 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. euromicron builds leading applications, such as security, control, healthcare or surveillance systems, on the basis of these cutting-edge network infrastructures.
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, internationalization and expansion.