Ad-hoc | 8 March 2006 13:39
Geratherm Medical AG: 2005 growth in turnover and result
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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DGAP-Adhoc: Geratherm Medical AG: 2005 growth in turnover and result
GERATHERM MEDICAL AG / Preliminary Group Result
March 8, 2006
Ad-hoc Announcement pursuant to Section 15 WpHG (German Securities Trade
Act) conveyed by DGAP – a company of the EquityStory AG. The issuer is
responsible for the content of the announcement.
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Geratherm Medical AG: 2005 growth in turnover and result
· turnover EUR 8.2 million +14%
· EAT EUR 1.5 million +18.7%
· proposed dividend EUR 0.32 +14.3%
· continued good development in 2006
Geschwenda, March 8, 2006: The medical technology company Geratherm
Medical, focusing on the development, production and marketing of medical
products for the measurement of temperature and vital data, has seen a
welcome business development in 2005.
With an export share of 77%, the company achieved a turnover growth of +14%
to reach kEUR 8,191. Turnover growth was seen in nearly all sales markets.
The Group result (EAT) increased by 18.7% to reach kEUR 1,479 (prev. year:
kEUR 1,246).
The operating profit (EBITDA) decreased temporarily from kEUR 1,439 to kEUR
986. The causes for this decrease were product approvals and marketing cost
of the new warming systems for emergency services as well as the
consolidated start-up losses of the subsidiary apoplex medical technologies
GmbH in the amount of kEUR 156. Geratherm received FDA approval for the
SOS-Rescue Blanket beginning of March 2006. The results for the new study
concerning stroke prevention will be presented at the EUROPREVENT 2006 in
May in Athens. The EUROPREVENT congress is organized by the European
Association of Cardiology.
The lower operating result was more than balanced out by financial earnings
in the amount of kEUR 803 (prev. year: kEUR 167). The higher annual Group
surplus of EUR 0.33 per share (prev. year: EUR 0.28) rendered possible the
proposal of increasing the dividend from EUR 0.28 to EUR 0.32. The dividend
payment will be conducted in a tax neutral manner.
The prospects for 2006 are positive. We expect a further turnover growth of
the company, on the basis of an over proportionately growing operating
revenue. The financial result will also be able to contribute soundly in
2006, given constant framework conditions. In particular, as the stock
price gain since 1 January 2006, not capitalized on yet, amounted to EUR
0.20 per share at the end of February.
The publication of the financial figures for 2005 is scheduled for 3 April
2006.
signed The Board
Further information available from:
Geratherm Medical AG
Investor Relations
Phone: +49 (0)36205/98 111
E-mail: info@geratherm.com
WWW: www.geratherm.com
Issuer: Geratherm Medical AG
Fahrenheitstrasse 1
98716 Geschwenda Deutschland
Phone: +49 (0)36205/98 111
Fax: +49 (0)36205/98 115
E-mail: info@geratherm.com
ISIN : DE 000 549 562 6
WKN : 549 562
Exchanges: Frankfurt Stock Exchange/General Standard/Prime Standard
Exchange: Open Market in Berlin-Bremen, Dusseldorf, Hamburg, Munich,
Stuttgart
– End of Announcement –
(c)DGAP 08.03.2006
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language: English
emitter: Geratherm Medical AG
Fahrenheitstraße 1
98716 Geschwenda Deutschland
phone: +49 (0)36205 98-0
fax: +49 (0)36205 98-1 15
email: info@geratherm.com
WWW: www.geratherm.com
ISIN: DE0005495626
WKN: 549562
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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