Ad-hoc | 10 April 2003 07:47
Geratherm Medical AG
english
Geratherm Medical AG: Positive end to fiscal year, announcement of dividend
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc message on fiscal 2002
Positive end to fiscal year, announcement of dividend
Geratherm Medical AG: 10 April 2003: In the past fiscal year the company was
able to raise its operational profits (EBIT) by 51% to EURO 776,000.
Unfavourable exchange rates caused sales revenues to fall slightly by 7.7% to
EURO 6.7 million. The share of exports rose from 72% in the previous year to
78%. The operational margin (EBITDA) came to 19.9%, as compared to 15.3% in the
previous year. The contribution of the financial result came to EURO 28,000,
significantly less than the EURO 410,000 of the previous year. Net earnings
after taxes came to EURO 958,000 as against the previous years figure of EURO
1,164,000. The companys equity amounts to EURO 3.51 per share. Short-term
liquidity and securities came to EURO 8,162,000 as at 31 December 2002 compared
to EURO 7,624,000 in the previous year. Both the Managing Board and the
Supervisory Board are proposing to the Annual General Meeting to pay a tax-free
dividend of 20 cents for each individual share certificate. The freedom from tax
is due to the use of the tax deposit account (formerly EK 04). The company
expects the positive business trend to continue in 2003, based on the Managing
Boards assumption of a double-digit growth in sales revenues accompanied by the
same quality of earnings.
Geratherm Medical AG, which is listed in the Prime Standard of the Frankfurt
Stock Exchange, develops, manufactures and markets systems for the measurement
and transmission of vital data.
Geratherm Medical AG, Fahrenheitstr. 1, 98716 Geschwenda
Editorial contact: Martina Schramm, tel. 036205/98 111, fax: 036205/98 115
E-mail: info@geratherm.com
end of ad-hoc-announcement (c)DGAP 10.04.2003
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WKN: 549562; ISIN: DE0005495626; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, München und Stuttgart
100747 Apr 03