Ad-hoc | 24 February 2005 10:05
STRATEC Biomedical Systems AG: 2004 results significantly above target
Ad hoc announcement §15 WpHG
Preliminary results for the 2004 financial year
STRATEC Biomedical Systems AG: 2004 results significantly above target
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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STRATEC’s 2004 results significantly above target
– Disproportionate increase of 62.4% in annual net income to reach Euro 2.735
million
– Sales grow by 27.7% to Euro 40.442 million
– EBIT margin now in double digits
– Proposed dividend raised by 87.5% to Euro 0.15 per share
Birkenfeld, February 24, 2005
The Board of Management of STRATEC Biomedical Systems AG, listed in the German
Prime Standard and Gate-M segments, hereby announces its preliminary
unaudited results for the 2004 financial year pursuant to IFRS (International
Financial Reporting Standards) and in line with Section 15 of the German
Securities Trading Act (WpHG).
Key Figures (Euro 000s) 2004 2003 Change
Sales 40,442 31,662 + 27.7%
Overall performance 39,207 32,807 + 19.5%
EBITDA 5,642 3,987 + 41.5%
EBIT 4,638 3,039 + 52.6%
EBT 4,395 2,771 + 58.6%
Annual net income 2,735 1,684 + 62.4%
Earnings per share (Euro) 0.83 0.51 + 62.7%
STRATEC Biomedical Systems had a total of 173 employees as of December 31,
2004 (previous year: 154).
The Board of Management will propose the payment of a dividend amounting to
Euro 0.15 for the 2004 financial year (previous year: Euro 0.08) for approval
by the Supervisory Board. The Annual General Meeting to be held on May 4, 2005
will pass resolution on the dividend thereby proposed by the company’s
management.
STRATEC Biomedical Systems AG
Gewerbestraße 37
75217 Birkenfeld
Deutschland
ISIN: DE0007289001
WKN: 728900
Listed: Geregelter Markt in Frankfurt (Prime Standard) und Stuttgart;
Freiverkehr in Berlin-Bremen, Düsseldorf und München
End of ad hoc announcement (c)DGAP 24.02.2005
Issuer’s information/explanatory remarks concerning this ad hoc announcement:
The preliminary unaudited earnings figures published by STRATEC Biomedical
Systems AG for the 2004 financial year are considerably in excess of all
analysts’ forecasts available to the company.
The definitive figures for the 2004 financial year will be commented on in the
Annual Press Conference Call to be held on March 31, 2005. Press
representatives, investors and analysts wishing to take part in this telephone
conference are kindly requested to register with our Investor Relations Team
(Tel: +49 (0)7082 7916-190).
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. Shares
in the company (WKN: 728900 / ISIN: DE0007289001) are traded in the Prime
Standard segment of the Frankfurt Stock Exchange, in the Gate-M trading
segment 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
75217 Birkenfeld
Germany
Tel: +49 (0)7082 7916-190
Fax: +49 (0)7082 7916-999
E-Mail: ir@stratec-biomedical.de
End of message (c)DGAP
241005 Feb 05