DGAP-News: Eckert & Ziegler Strahlen- und Medizintechnik AG / Key word(s): Quarter Results Eckert & Ziegler: positive start to the year 2015 05.05.2015 / 07:45 --------------------------------------------------------------------- Press release Eckert & Ziegler: positive start to the year 2015 Berlin, 05 May 2015. Berlin-based Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700), a specialist for isotope technology applications in medicine, science and industry, saw double-digit percentage increases in sales and earnings in the first quarter of 2015. Sales rose by 11 % to EUR 34.0 million mainly due to currency effects. EBIT climbed by a disproportionately high amount of EUR 1.8 million, or 59 %, to EUR 4.8 million. This resulted in a 68 % rise in profit for the period to EUR 2.7 million or EUR 0.51 per share. The Isotope Products segment benefited the most from the weak euro, while also recording a positive acquisition effect. This caused sales to rise by 10 % to EUR 16.0 million. However, these effects did not result in any increase in profit, meaning that EBIT remained constant at EUR 3.7 million. The Radiation Therapy segment fell short of average development in the past year. However, the situation improved in the first quarter of 2015. Implant sales rose organically, above and beyond currency effects. Afterloader sales may have declined, but the recently obtained approval for the new SagiNova(R) equipment offers potential for a major rise in sales here. Due to restructuring measures and a positive currency effect, EBIT came in at break even according to the 2015 plan. The Radiopharma segment was the shining light of our business, recording further sales growth in the equipment division and with the new gallium generators. It also benefited from the currency effects. Figures even exceeded the disproportionately strong first quarter of 2014 by a considerable margin, with EBIT rising by 21 % to EUR 1.4 million. The Others segment successfully reduced the loss in the waste disposal division through price increases, while a rise in costs allocated to other segments led to a break-even result at the holding company. All in all, the segment's losses were cut by half year on year. EBIT increased by EUR 0.4 million to EUR -0.5 million. Cash flow from operating activities was much improved year on year at EUR 0.6 million (first quarter of 2014: EUR1.7 million). However, cash flow from operating activities was lower than the pleasing profit for the period suggests. The main reasons for this were the reduction of liabilities and provisions and the processing of advance payments. In addition, the profit for the period includes non-cash income offsetting depreciation of EUR 1.5 million, which was largely attributable to currency effects. In the 2015 fiscal year, sales of more than EUR 133 million are expected and net profit will likely exceed the amount of EUR 1.71 per share. The complete quarterly financial statements can be viewed under: http://www.ezag.com/fileadmin/ezag/user-uploads/pdf/financial-reports/engl isch/euz115e.pdf About Eckert & Ziegler. Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700), with approximately 700 employees, is one the world's largest providers of isotope technology for radiation therapy and nuclear medicine. Contributing to saving lives. For further information or questions, please contact: Eckert & Ziegler AG, Karolin Riehle, Investor Relations Robert-Rössle-Str. 10, 13125 Berlin, Germany Tel.: +49 (0) 30 / 94 10 84-138, karolin.riehle@ezag.de, www.ezag.com --------------------------------------------------------------------- 05.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Eckert & Ziegler Strahlenund Medizintechnik AG Robert-Rössle-Str.10 13125 Berlin Germany Phone: 49 30 941084-138 Fax: 49 30 941084-112 E-mail: karolin.riehle@ezag.de Internet: www.ezag.de ISIN: DE0005659700 WKN: 565970 Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich End of News DGAP News-Service --------------------------------------------------------------------- 352607 05.05.2015
DGAP-News: Eckert & Ziegler: positive start to the year 2015
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