Analysis
ZMDI preliminary figures on financial year 2011 and first forecast for 2012: Automotive sector drives double-digit growth at ZMDI
ZMD AG (ZMDI) announced today that it exceeded its own growth targets by a considerable margin in 2011 and expects to continue to grow in 2012. According to ZMDI’s preliminary figures for 2011 as announced today, it generated revenues of 64M €, reflecting an increase of 16 percent over the previous year (2010: 55.1M €). The 2011 growth can be attributed primarily to demand for energy-efficient automotive products and solutions. ZMDI’s double- digit growth exceeded both its own forecast and the general rate of market growth, which was in the single digits in 2011. ZMDI generated significantly higher earnings (EBIT) in 2011; based on preliminary numbers, it generated earnings of approximately 4.5M €, reflecting an increase of 3.5M € over the 2010 earnings. This growth has translated into several new employment positions as well new sales and engineering locations throughout Europe and the United States. ZMDI is also optimistic that 2012 will continue to exhibit growth and allow for further additions in personnel worldwide.
Thil36 new products planned in 2012 – Focus on power management
With a total of 36 new products planned in 2012, ZMDI has set itself the goal of exceeding the record of 24 new products introduced in 2011, when they celebrated their 50th anniversary. In expanding the portfolio of products for customers, particular emphasis will be placed on “smart power management.” Late in the third quarter of 2011, ZMDI introduced its first power management products, which are considered to be one of the most important future growth fields for energy-efficient semiconductors. ZMDI circuits represent a real solution to the significant reduction of CO2 emissions, particularly in data centers. Due to the large amounts of electricity consumed in the cooling process data centers rank as one of the primary producers of CO2 emissions. ZMDI expects its energy efficient power management products to make a significant revenue contribution in 2013.