Ad-hoc | 4 May 2004 13:12
STRATEC: Jump in earnings with significant increase in sales already in Q1-FY04
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Jump in earnings with significant increase in sales already in Q1-FY2004
Birkenfeld, May, 4, 2004
The Board of Management of STRATEC Biomedical Systems AG, listed in the German
Prime Standard and in Gate-M, announces the results for the first quarter of
2004, ending on March 31, 2004, pursuant to Section 15 of the German Securities
Trading Law (WpHG).
STRATEC increased its earnings to EUR 0.507m (2003: EUR 5.124m). This results in
undiluted earnings per share (EPS) amounting to EUR 0.15 (2003: EUR 0.02).
These calculation is based on around 3.3 million shares.
Sales was could be increased by 54.7% to EUR 7.298m (2003: 5.124m). The overall
performance improved by 55.4% to EUR 8.643m (2003: 5.562m).
Overview of Key Figures pursuant to IFRS (International Financial Reporting
Standards):
Key figures in 000s 01.01.-03.31.2004 01.01.-03.31.2003 Change
Sales 7,928 5,124 +54.7%
Overall performance 8,643 5,562 +55.4%
EBITDA 1,070 354 +202.3%
EBIT 863 156 +453.2%
EBT 806 98 +722.4%
Net income for the period 507 56 +805,4%
At the end of the first quarter, STRATEC had 158 employees (2003: 142).
end of ad-hoc-announcement (c)DGAP 04.05.2004
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Reasons for the significant increase in STRATEC’s earnings are the decline in
fixed costs and in particular personnel costs in R&D, both positioned in the
STRATEC business model (OEM).
The more extensive interim report can be downloaded from our homepage from
around 3 p.m. on May 18, 2004.
About STRATEC Biomedical Systems AG
STRATEC (http://www.stratec-biomedical.de) designs and manufactures fully
automated systems for its partners in the fields of clinical diagnostics and
biotechnology. These partners market such systems together with their own
reagents to laboratories and research institutes around the world. The company
develops its products on the basis of its own patented technologies. STRATEC is
a publicly listed stock corporation. Shares in the company (WKN: 728900/ISIN:
DE0007289001) are traded in the Prime Standard segment of the Frankfurt Stock
Exchange, in the trading segment Gate-M of the Stuttgart Stock Exchange and on
other exchanges.
Further information can be obtained from:
STRATEC Biomedical Systems AG
Investor Relations
André Loy
Gewerbestraße 37
D-75217 Birkenfeld
Tel: +49 7082 7916-190
Fax: +49 7082 7916-999
eMail: ir@stratec-biomedical.de
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WKN: 728900; ISIN: DE0007289001; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard) und Stuttgart;
Freiverkehr in Berlin-Bremen, Düsseldorf und München
041312 Mai 04