Ad hoc notificaton

Ad-hoc notification in compliance with § 15 German Securities Trading Law (WpHG)
 
euromicron: Q1 / another huge increase in income / EBIT rises by 34%

Frankfurt/Main, May 15, 2008 

euromicron AG, a leading solution provider of communications systems and security networks that boasts production expertise in the field of fiber optics technology, established new sales and income records in the first quarter of 2008.
Sales were grown from €30.1 million to €36.8 million, an increase of around 22%. Total operating performance rose by 28% to €39.2 million.  EBIT increased above-proportionately by around 34% from €1.5 million to €2.1 million.

Net income for the period was €1.2 million, following €1.0 million in the same period of the previous year. Earnings per share (undiluted) climbed from 22 cents to 25 cents at March 31, 2008.

Stockholders’ equity was €71.2 million, while the equity ratio increased from 47.6% at the end of fiscal 2007 to 48.5%. Order books at March 31, 2008, large parts of which are expected to be invoiced this year, were €72.1 million, a year-on-year increase of 36.7%.

euromicron will continue its buy and build strategy in 2008. Apart from having already implemented further structural adjustments in its portfolio through mergers of associates, it intends to acquire new companies. The funding for this on top of the cash flow is available.

Due to the profitable business performance, the Executive Board and Supervisory Board will propose a dividend of €0.80 per share, 10 cents more than in 2007, to the General Meeting on June 12, 2008. The dividend yield relative to the current share price is 4.7%.

Key figures:

  Q1 2008
thou.		 Q1 2007
thou.		 Change
%
Sales 36,797 30,060 22.4
Consolidated EBIT      2,056 1,539 33.6
Net income 1,169 988 18.3
Earnings per share in €
(undiluted)		 0.25 0.22 13.6
New orders 34,271 31,.430 9.0
Order books 72,148 52,780 36.7


euromicron expects sales of €200 million for 2008 as a whole, depending on the extent to which and when the next steps in the buy and build strategy can be implemented. We are also aiming for a target EBIT margin of 8-11% in 2008. Earnings per share are to increase to €2, a rise of more than 30% year on year.

Contact:

euromicron AG
Investor & Public Relations
Speicherstr. 1
60327 Frankfurt am Main
Phone: 0 69 - 63 15 83 - 0
Fax: 0 69 - 63 15 83 - 17
E-Mail:

ISIN DE0005660005
securities identification number 566000