Earnings Release • Mar 4, 2008
Earnings Release
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Ad-hoc | 4 March 2008 16:13
Geratherm Medical AG: provisional figures for the 2007 financial year
Geratherm Medical AG / Preliminary Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP Adhoc Notification: Geratherm Medical AG - provisional figures for
the 2007 financial year
4th March 2008
Ad-hoc notification according to § 15 WpHG (German Securities Act) provided
by DGAP –
a company owned by Equity Story AG. The issuer is responsible for the
contents of the notification
· Sales revenues € 8.8 million +2.5%
· EBIT € 617,000 -6.2%
· Financial result € 823,000
· Group result (EAT) € 1.4 million -26.8%
· Proposed dividend: 30 cents (prev.yr.: 40 cents)
Geschwenda, 4th March 2007 - The provisional results indicate that
Geratherm Medical has once again recorded a positive course of business.
The operating result for the main business was above the level of the
previous year. With sales revenues of € 8.8 million, an operating result in
the main business of € 934,000 (+19.3%) was achieved. This corresponds to a
profit-sales ratio of 10.6% (prev.yr.: 9.1%). Because of the incorporation
of the start-up losses from the subsidiaries apoplex medical and Geratherm
Respiratory (which was newly founded in 2007), there were charges due to
product development and market launch costs which reduced Group profits in
2007 to the EBIT shown of € 617,000.
The finance sector was able to make a positive contribution to the results
of € 823,000, which means that a Group profit overall (EAT) of € 1,393,000
was achieved.
As in previous years, the 2007 annual profit is also to be paid within the
scope of a tax-neutral payment from the deposit account. The proposed
tax-free dividend payment is 30 cents per share. Measured by yesterday's
Xetra closing rate, this means that the net dividend yield is 5,9 %. The
equity base of Geratherm Medical in the sum of € 16.4 million corresponds
to an equity ratio of 90.2% of the company's balance sheet total.
In 2008, priority will be given to building up the new business areas –
'Respiratory' and 'Cardio/Stroke'.
The detailed business figures for the year 2007 will be published on 10
April 2008.
Geratherm Medical AG is a medical technology company working on the
development, production and marketing of products in the areas of
Cardio/Stroke, Temperature Management and Respiratory.
For further information, please contact: Geratherm Medical AG, Investor
Relations
Phone: +49 (0)36205/98 111 E-mail: [email protected] www:
geratherm.com
Issuer: Geratherm Medical AG, Fahrenheitstrasse 1, 98716 Geschwenda
Deutschland
Phone: +49 (0)36205/98 111, Fax: +49 (0)36205/98 115 E-mail:
[email protected]
ISIN : DE 000 549 562 6 WKN : 549 562
Language: English
Issuer: Geratherm Medical AG
Fahrenheitstraße 1
98716 Geschwenda
Deutschland
Phone: +49 (0)36205 98-0
Fax: +49 (0)36205 98-1 15
E-mail: [email protected]
Internet: www.geratherm.com
ISIN: DE0005495626
WKN: 549562
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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