Dalet : REVENUES 2012 : EUR34.3 million, +10%
* Reuters is not responsible for the content in this press release.
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130213:nHUGcWyN In euro millions 2012 2011 Change in % Q4 Revenues 10.1 10.1 Q4 Gross margin 9.3 9.0 3% Gross margin rate 92% 89% Full year revenues 34.3 31.2 10% Gross margin 29.5 25.1 17% Gross margin rate 86% 80% Paris, February 13th, 2013 - Dalet announced consolidated revenues (unaudited) for the year ended December 31, 2012 of EUR34.3 million, compared to EUR31.2 million (+10%) in 2011. Gross margin (defined as revenues minus cost of goods and third-party services resold) for the year was EUR29.5 million, a 17% increase compared to EUR25.1 million in 2011. The gross margin rate for 2012 was 86%, up from 80% in 2011, due to a favorable evolution of the sales mix. Fourth quarter consolidated revenues (unaudited) were EUR10.1 million, stable with respect to Q4-2011, the margin for the quarter was up by 3% at EUR9.3 million. In terms of market segments, Media Asset Management sales grew strongly and represented 44% of total revenues. TV Newsroom systems represented 25%, Sport solutions grew to 10%, revenues for Radio solutions were stable at 15%, integration projects represented only 6% of total revenues, as the activity of the Italian subsidiary is now fully aligned with the Group's core software business. Cash on hand on December 31, 2012 exceeded EUR6 million. Dalet's backlog of orders to be executed in 2013 stands currently at EUR22 million, compared to a backlog of EUR21 million at the same period last year. About Dalet Digital Media Systems Dalet solutions enable broadcasters and media professionals to create, manage and distribute content to both traditional and new media channels, including interactive TV, the Web and mobile networks. Dalet combines into a single system a robust and proven Asset Management platform with advanced metadata capabilities; a configurable workflow engine, and a comprehensive set of purpose-built creative and production tools. This integrated and open environment enables end-to-end management of the entire News and Sport and Program content chain, and allows users to significantly improve efficiency, and to maximize the use and value of their assets. Dalet's solutions are delivered through a dedicated Professional and Integration Services Department to ensure the highest possible standards. Dalet systems are used around the world by many thousands of individual users at hundreds of TV and Radio content producers, including public broadcasters (ABS-CBN, BBC, CBC, DR, France TV, RTBF, RFI, Russia Today, RSR & TSR, RT Malaysia, VOA, WDR), commercial networks and operators (Antena 3, Canal+, FOX, eTV, Mediaset, Orange, Time Warner Cable, Warner Bros., Sirius XM Radio) and government organizations (Queensland JAG, Canadian House of Commons, The European Commission). Dalet is traded on the NYSE-EURONEXT stock exchange (Eurolist C): ISIN: FR0011026749, Bloomberg DLT:FP, Reuters: DALE.PA. Number of outstanding shares: 3.565.237 For more information on Dalet, visit www.dalet.com DALET 2012 Revenues http://hugin.info/143408/R/1678029/547505.pdf ---------------------------------------------------------------------------------------------------- This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Dalet via Thomson Reuters ONE HUG#1678029