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DATA MODUL AG Reports Decline in Sales and Earnings for Q2 2024

Stock price chart of DATA MODUL AG (EBR:DAM) showing fluctuations.

According to preliminary analysis, DATA MODUL AG experienced a decline in sales and earnings during the second quarter of fiscal year 2024 compared to the same period in the previous year. This reduction is attributed to the continuously strained overall market situation.

The group's EBIT for Q2 2024 was EUR 1.5 million, a significant reduction of approximately 73.7% from EUR 5.7 million in the same quarter of 2023. Group sales fell by approximately 23.5% to EUR 51.0 million, down from EUR 66.7 million in Q2 2023. Additionally, bookings decreased by about 21.6%, totaling EUR 49.8 million compared to EUR 63.5 million in the same quarter last year.

Definitive results for the second quarter of fiscal year 2024 will be published on August 9th, 2024.

R. E.

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