Interim report January-June 2014: Strengthened income and

Second quarter:

  · Sales growth was 9 percent in local currency. Sales amounted to SEK 129
(116) million, corresponding to an increase of 12 percent in SEK. Last year’s
figure included sales of STEEN Solution™ to Xvivo to the tune of SEK 3 million.
Adjusted for this, the increase in sales amounted to 12 percent in local
currency.
  · Vitrolife launched the company’s new culture media for time-lapse, G-TL™.
  · Operating income (EBIT) amounted to SEK 34 (19) million, corresponding to an
operating margin of 26 (16) percent.
  · Net income amounted to SEK 23 (12) million, which gave earnings per share of
SEK 1.16 (0.61).

First half year:

  · Sales growth was 10 percent in local currency. Sales amounted to SEK 249
(221) million, corresponding to an increase of 13 percent in SEK. Last year’s
figure included sales of STEEN Solution™ to Xvivo to the tune of SEK 5 million.
Adjusted for this, the increase in sales amounted to 13 percent in local
currency.
  · Operating income (EBIT) amounted to SEK 64 (36) million, corresponding to an
operating margin of 26 (16) percent.
  · Net income amounted to SEK 46 (24) million, which gave earnings per share of
SEK 2.28 (1.21).

Gothenburg, July 11, 2014
VITROLIFE AB (publ)
Thomas Axelsson, CEO
Queries should be addressed to:

Thomas Axelsson, CEO, tel 46 31 721 80 01

Mikael Engblom, CFO, tel 46 31 721 80 14

Vitrolife is required to publish the information in this press release in
accordance with the Swedish Securities Market Act and/or the Financial
Instruments Trading Act. The information was submitted for publication on July
11, 2014 at 08:30 a.m.

This is a translation of the Swedish version of the press release. When in
doubt, the Swedish wording prevails.
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_ 
________________________________

Vitrolife (http://www.vitrolife.com/en/Corporate/) is an international medical
device Group. Vitrolife Fertility (http://www.vitrolife.com/en/Fertility/)
product area develops, produces and markets medical devices for assisted
reproduction. Work is also carried out to enable the use and handling of stem
cells for therapeutic purposes

Vitrolife (http://www.vitrolife.com/en/Corporate/) has approximately 240
employees and the company's products are sold in almost 110 markets. The company
is headquartered in Gothenburg, Sweden, and there are also offices in USA,
Australia, France, Italy, United Kingdom, China, Japan, Hungary and Denmark. The
Vitrolife share (http://www.vitrolife.com/en/Corporate/Financial/The-share1/) is
listed on NASDAQ OMX
Stockholm (http://www.nasdaqomxnordic.com/aktier/shareinformation?Instrument=SSE
1 
3469), Small Cap.

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Vitrolife AB (publ), Box 9080, SE-400 92 Göteborg, Sweden. Corporate identity
number 556354-3452. Tel: 46 31 721 80 00. Fax: 46 31 721 80 99. E-mail:
info@vitrolife.com. Website: www.vitrolife.com/
Interim report January-June 2014: Strengthened income and high growth

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