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13.03.2008
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Viscardi AG
Recommendation: Buy.
"As expected, the discontinuation of multi-media business has led to a sustained increase in profitability levels. By the end of 2008, Data Modul should be a virtually debt-free company."
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Read more in pdf format
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23.08.2007
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Viscardi Securities
Recommendation: Buy.
"Significant margin improvement in H1/2007."
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Read more in pdf format
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10.08.2006
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SES News Flash
Recommendation: Buy.
"Data Modul reported the figures for the first half of this fiscal year on 9th August. As expected the company had to register a sales decline."
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Read more in pdf format
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23.05.2006
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HVB Equity Research
"We believe the solid order intake of EUR 46 mn in the first quarter of 2006 gives reason for cautious optimism for the 2006 financial year."
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Read more in pdf format
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19.05.2006
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SES News Flash
Recommendation: Buy.
"Earnings growth from product mix ."
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Read more in pdf format
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08.03.2006
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SES News Flash
Recommendation: Buy.
"The figures published for the fiscal year 2005 are slightly lower than our recently communicated estimations."
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Read more in pdf format
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08.11.2005
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SES News Flash
Rating: Outperformer (unchanged)
"The figures reported by Data Modul for the third quarter are lower than one year ago. "
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Read more in pdf format
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18.08.2005
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Independent Research
Recommendation: Buy.
"After adjusting for special effects, the company's results for Q2 2005 were mostly in line with our expectations; including special effects, profits fell short of our expectations."
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Read more in pdf format
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09.08.2005
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SES News Flash
Rating: Outperformer.
"Data Modul has fulfilled our prognoses for the second quarter. Due to the sales success in the multimedia busi-ness (LCD- and plasma-flatscreen-TVs) the company did again achieve a record high in sales."
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Read more in pdf format
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11.05.2005
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SES News Flash
Rating: Outperformer.
"Felicitous start into the year The figures reported by the company for Q1 beat our prognoses by far."
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Read more in pdf format
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13.04.2005
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Independent Research
"In 2004, Data Modul only partially met our expectations. Sales growth was higher than expected, butthis did not trickle through to profitability owing to negative effects."
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Read more in pdf format
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16.03.2005
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SES Update
Rating: Outperformer.
"Promising sales initiatives in the US, in the UK and in the Arabian region make Data Modul increasingly independ-ent of demand inside Germany."
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Read more in pdf format
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10.03.2005
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HVB Equity Research
"2004 is finally behind us! Substantial increase in earnings projected for 2005."
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Read more in pdf format
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09.03.2005
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SES News Flash
"Growth title pays cash dividend:
The reported sales total was above our estimation, the earnings data below our expectations."
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Read more in pdf format
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