Carl Zeiss Meditec AG

Earnings Release • May 14, 2003

News Details

Ad-hoc | 14 May 2003 07:00

Carl Zeiss Meditec AG english

Carl Zeiss Meditec AG: Sales increase by 35.6 percent Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– —EBIT at EUR 11.1m more than doubled after first six months— (Jena, 14 May 2003) In the first half of the 2002/2003 financial year Carl Zeiss Meditec AG significantly increased its sales and net income. The sales volume rose by 35.6% to EUR 124.1m. Compared to the same period last year, operating income (EBIT) grew by 104.1% to EUR 11.1m (previous year: EUR 5.5m). The increase in profits was partly attributable to the improved gross margin and a healthy growth in sales. Seen on a quarterly basis (1.1.-31.3.) there was also a significant increase in sales and profits: sales improved by 36.4% to EUR 61.7m (previous year: EUR 45.3m) and EBIT grew by 26.0% to EUR 5.3m (previous year: EUR 4.2m). In the past six months the cash and cash equivalents increased by 89.3% to EUR 13.6m. Operative cash flow reached the level of EUR 6.2m. The equity ratio increased from 49.2% (as of 30 September 2002) to 50.0%. With the disposal of the Aesthetic and Dental business segments immediately after the end of the reporting period the process of focusing on ophthalmic business was brought to a completion. (The financial statements according to US GAAP are only to a limited extent comparable with the previous years’ figures, as they relate exclusively to the former Carl Zeiss Ophthalmic Systems AG and do not include the former Asclepion- Meditec AG.) Contact: Carl Zeiss Meditec AG, Jens Brajer/Investor Relations, Goeschwitzer Str. 51 – 52, D-07745 Jena, Telephone +49 (0)3641-220-105, Fax: +49 (0)3641-220-117, E- mail: investors@meditec.zeiss.com end of ad-hoc-announcement (c)DGAP 14.05.2003 ——————————————————————————– WKN: 531370; ISIN: DE0005313704; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 140700 Mai 03