aap Implantate AG

Earnings Release • Mar 21, 2017

News Details

Ad-hoc | 21 March 2017 14:57

aap Implantate AG: Sales by KEUR 514 and EBITDA by KEUR 450 slightly below guidance for financial year 2016 due to failure of distributor to fulfil contractual duties

aap Implantate AG / Key word(s): Profit Warning/Final Results

21-March-2017 / 14:57 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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aap Implantate AG (“ aap “) announces that in course of drawing up the annual financial statements for 2016 the Management Board decided as a precautionary measure to revoke an initial sale with a distribution partner invoiced in the financial year. The reason is a delayed payment of the contractual due purchase price. Rescission of the initial business results in a reduction in sales in the financial year 2016 by KEUR 757. In the continued operation in financial year 2016 sales are at EUR 10.5 million and EBITDA at EUR -7.9 million and thereby slightly below the current guidance.

Contact:

aap Implantate AG; Fabian Franke; Investor Relations; Lorenzweg 5; D-12099 Berlin Tel.: ++49/30/750 19 – 134; Fax.: ++49/30/750 19 – 290; f.franke@aap.de

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21-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de

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Language:	English
Company:	aap Implantate AG
	Lorenzweg 5
	12099 Berlin
	Germany
Phone:	+49 (0) 30 75 01 90
Fax:	+49 (0) 30 75 01 91 11
E-mail:	info@aap.de
Internet:	www.aap.de
ISIN:	DE0005066609
WKN:	506660
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service