Welcome!

News Feed Item

Interim Notice DOCDATA N.V.

WAALWIJK, Netherlands, April 23, 2014 /PRNewswire/ --


 

  • Outcome first quarter 2014 meets expectations 
  • New and existing contracts provide confidence for the longer term 

The Management Board of DOCDATA N.V. (Waalwijk, The Netherlands) announces the following interim notice.

General 

DOCDATA N.V. has closed the first quarter 2014 with a profit. As expected, revenue and results are significantly lower compared to the first quarter 2013. This is mainly due to less activities of Docdata in Germany as a result of the planned reduction of our service to Zalando and due to the fact that IAI did not deliver systems in the first quarter of this year.

Michiel Alting von Geusau, CEO of DOCDATA N.V.: "2014 will become a year with decreasing revenue and results for Docdata for the first time in years, mainly due to substantially less activities for our biggest client in Germany. However, we are convinced that we can again realise growth for the longer term with our strategy 'Vision 2020: Smart Growth'. We make every effort to win new clients and we are proud that we entered into a strategic partnership with ASOS. This offers a lot of potential, both for ASOS and Docdata. The results are expected to be visible in 2015. In addition, we expect that our company IAI has developed unique applications through which substantial growth can be realised."

The financial position of DOCDATA N.V. has remained solid during the first quarter of 2014 with good liquidity and solvency. Per 31 March 2014, the cash surplus amounted to € 4.3 million (31 December 2013: € 6.7 million) and the solvency ratio[1] was 58.6% (31 December 2013: 56.9%). The cash surplus has decreased mainly as a result of investments for the expansion of warehouse and handling capacity in Groβbeeren (Germany), investments by IAI for the relocation of FEHA LaserTech GmbH from Halle to Thalheim and expansion of the property in Veldhoven, as well as the purchase of 70,000 own shares to cover the 'Performance Share Plan' of DOCDATA N.V.

DOCDATA N.V. will announce the 2014 half-year results on Thursday 17 July 2014 before opening of the stock exchange.

Docdata 

Revenue of Docdata decreased in the first quarter 2014 compared to the first quarter 2013. In the first quarter 2014, 11.4 million transactions have been processed compared to 13.2 million in the same period last year. This decrease is mainly the result of a lower transaction volume for Zalando. This previously announced decrease will continue during 2014 and will result in a lower revenue and operating profit of Docdata, as well as of the Group, for 2014 compared to 2013.

Docdata focuses on the further development of e-commerce related customised solutions for (inter)national parties. Furthermore, we focus on winning new clients in the different geographical markets in Europe. The investments in capacity, IT and efficiency improvements will continue unabated.

IAI 

The revenue value of the order book of IAI has increased to € 17.6 million in the first quarter 2014 (31 December 2013: € 10.5 million). This increase is because IAI has won several major orders and did not deliver systems in the first quarter 2014. In the first quarter 2014, orders for China (banknote perforation system with MicroPerf®) and Algeria (2 Bookmaster One systems) have been announced, which are expected to be delivered in 2014.

As a result of the increased order book, revenue and operating profit of IAI in 2014 will be higher compared to 2013. IAI will continue to focus on the production and timely delivery of the systems and on winning new orders in new and existing markets. In 2014, there will be further investments in the expansion of the production capacity and the IAI organisation, in order to realise further growth.

Annual General Meeting of Shareholders 

The Annual General Meeting of Shareholders of DOCDATA N.V. will be held on 13 May 2014, 14.00 hours (CET) at Hotel NH Waalwijk in Sprang-Capelle (The Netherlands).

The agenda for this General Meeting of Shareholders and the meeting documents, including the 2013 Annual Report and the 2013 Remuneration Report, have been published last 1 April. The manner in which to register to attend this meeting, as well

as how to cast vote through the Internet or by proxy, is described in the convocation.
All these documents are available for inspection and can be obtained through the Corporate website of the Company, http://www.docdatanv.com.

If the Annual General Meeting of Shareholders approves the dividend proposal to distribute € 0.70 per share out of the 2013 profit, a dividend of in total € 4.9 million will be paid on 23 May 2014. This amount shall for the largest part be funded from the cash surplus, which will temporarily be supplemented by using the existing credit facility of DOCDATA N.V.

------------------------------------------

The listed DOCDATA N.V. exists of two lines of business: 

Docdata  (http://www.docdata.com) is a European market leader with a strong basis in The Netherlands, Germany and the United Kingdom. Docdata offers a complete e-commerce service portfolio to clients, enabling them to be successful on the internet. 

IAI  (http://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 solar cells and modules and processing of other materials and products. 

------------------------------------------

Financial calendar 

  • 13 May 2014    Annual General Meeting of Shareholders 
  • 15 May 2014    Ex date 
  • 23 May 2014    Dividend payment date 
  • 17 July 2014    Publication of 2014 half-year results 
  • 15 October 2014 (*)    Interim notice third quarter 2014 

(*)    provisional date 

------------------------------------------

Waalwijk, The Netherlands, 23 April 2014

Corporate website:    http://www.docdatanv.com

1.     adjusted for the effect of the consolidation of Stichting foundation docdata payments


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.