PlasmaSelect AG / Quarter Results 31.10.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 31 October 2008 PlasmaSelect AG (WKN 547 180) will today publish its report for the 3rd quarter of 2008. The report describes the company's extensive progress in advancing its transformation from an operational corporate holding in the healthcare sector to an investment holding company. The directly associated one-off and extraordinary expenditures for restructuring measures in the company's Health Care division plus startup costs for the expansion of the company's new Water Treatment division generated negative EBIT of -9.5 million in the third quarter and negative EBIT of -11.4 million for the first nine months of 2008. These expenditures break down as provisions and expenditures for the closure of the Marburg plant ( 3.4 m), consulting and restructuring costs for the reorientation and internationalization of the Health Care division ( 1.4 m) and a one-off payment ( 0.4 m) from the second quarter. The Water Treatment division was a new addition in the third quarter; its EBIT is fully consolidated but economically regards PlasmaSelect AG just in 30 % and in 70 % other shareholders. During the establishment phase, this EBIT of 2.1 million (100 %) was primarily burdened with goodwill depreciations on the technologies ( 1.6 m). Excluding these special effects, the total nine-month EBIT of PlasmaSelect AG would reach -4.1 m, an adjusted level (excluding the generics business) equal to that of the same prior-year period ( -4.0 m). Sales revenues for the third quarter of 2008 rose year-on-year by 52,000 to 8,648,000 (3rd quarter of 2007: 8,595,000). Despite the turmoil in the global economy, corporate sales for the first nine months of 2008 fell year-on-year by only 4.7% to 26.3 m (compared with 27.6 m for the same period 2006/2007). DGAP 31.10.2008 --------------------------------------------------------------------------- Language: English Issuer: PlasmaSelect AG Pettenkoferstraße 22 80336 München Deutschland Phone: +49 (0)89 810 29-0 Fax: +49 (0)89 810 29-111 E-mail: info@plasmaselect.de Internet: www.plasmaselect.de ISIN: DE0005471809 WKN: 547180 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: PlasmaSelect AG reports negative EBIT of -9.5 m
| Source: EQS Group AG