WAALWIJK, The Netherlands, May 12 /PRNewswire/ -- Prior to the Annual General Meeting of Shareholders, which will be held tomorrow 14.00 hours at Hotel NH Waalwijk in Sprang-Capelle, the Management Board of DOCDATA N.V. announces the following.
DOCDATA N.V. in Waalwijk closed the first quarter 2009 satisfactory. Both the net profit and the operating profit have improved compared to the first quarter 2008.
Revenue in the first quarter 2009, as expected, slightly decreased compared to the first quarter 2008, predominantly as a result of the sale of the replication activities of docdata media Ltd. (United Kingdom) at the end of January 2009 and the sale of 4D upgrade GmbH (Germany) at the end of November 2008. Without the revenue of these media activities, DOCDATA N.V. revenue in the first quarter 2009 slightly increased compared to last year.
DOCDATA N.V. maintained the strong financial position and solvency during the first quarter 2009. The cash surplus per 22 May 2009 is expected to be sufficient to pay the dividend of EUR 0.30 in cash per outstanding share from the funds available, after approval of the dividend proposal by the General Meeting of Shareholders and deduction of withholding tax.
The activities of both lines of business of DOCDATA N.V., with the exception of the media activities, are impacted relatively limited by the negative economic conditions. The extent to which the deteriorating economy will influence revenue and operating profit during the first and second half-year 2009 cannot be estimated at this moment. DOCDATA N.V. will announce the 2009 half-year results on Tuesday 28 July 2009.
Internet service company Docdata
The commerce, payments and fulfilment activities show significant growth in the first quarter 2009, in terms of revenue and realised transaction numbers compared to the first quarter 2008. The revenue level of the media activities will, as expected, further decline in 2009 compared to last year. The resulting impact on the operating profit however will be limited.
Technology company IAI industrial systems
IAI industrial systems did not deliver, in accordance with the planning, any systems during the first quarter 2009. However, in the first quarter 2009 some new orders were won for several systems, resulting in further growth of the order book of IAI industrial systems. The deliveries of systems currently in the order book are scheduled predominantly for the second half-year 2009.
The listed DOCDATA N.V. exists of two lines of business:
Internet service company Docdata (www.docdata.com) is a European market leader with a strong basis in The Netherlands, Germany and the United Kingdom, and exists of four services:
- Docdata commerce - Docdata payments - Docdata fulfilment - Docdata media
Technology company IAI industrial systems (www.iai-industrial-systems.com ) is a high tech engineering company specialised in developing and building systems for very accurate and high speed processing of all kinds of products and materials. IAI delivers clients globally in the following sectors:
- securing and personalising of security documents - processing of packaging materials - processing of solar cells - processing of other materials
Corporate website: http://www.docdatanv.com
Further information: DOCDATA N.V., M.F.P.M. Alting von Geusau, CEO, Tel. +31-416-631-100