Geratherm Medical AG

Earnings Release • Aug 27, 2002

News Details

Ad-hoc | 27 August 2002 10:51

Geratherm Medical AG english

Business Development during 1st Half of 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Ad-hoc-Mitteilung Business Development during 1st Half of 2002 Positive first six months: operational profit doubled Geratherm Medical AG: 27th August 2002 Following a good start of the business during the 1st quarter, the positive business development of Geratherm Medical continued during the 2nd quarter. Given a turnover of EUR 3.2 million, up by 4.2% as compared to the same period of last year, a distinctly higher return was achieved. The earnings before interest and tax (EBIT) doubled to reach EUR 485,000. The result of ordinary activities stood at EUR 547,000, more or less at the same level as the previous year. The export share amounted to 78% (previous year: 72%). The operational margin (EBITDA) amounted to 23.3% during the first six months and is thus just about 6% higher as compared to the previous year. The cash flow was increased by 37.1% to EUR 750,000. The result of the first six months of 2002 was 15 cents per share. The equity of the company amounts to EUR 3.44 per share. The short-term cash and securities amounted to some EUR 8.2 million by 30th June 2002, as compared to EUR 7.6 million last year. We are assuming a continuation of the positive business development for the coming months. The SMAX-listed Geratherm Medical AG develops, produces and distributes systems for the measurement and transmission of vital medical data. Geratherm Medical AG, Fahrenheitstraße 1, 98716 Geschwenda Redaktionskontakt: Martina Schramm, Tel. 036205/98 111, Fax: 036205/98 115 E-Mail: info@geratherm.com – Ende der Mitteilung end of ad-hoc-announcement (c)DGAP 27.08.2002 ——————————————————————————– WKN: 549562; ISIN: DE0005495626; Index: SDAX Listed: Amtlicher Markt in Frankfurt (SMAX); Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Hannover und Düsseldorf 271051 Aug 02