Ad-hoc | 30 May 2000 08:14
Ad hoc-Service: Asclepion-Meditec AG
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Datei: qll_290500_dgap_e Datum: 30.05.00 07:31
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Successful first half-year for Asclepion-Meditec AG
Group sales up by 22%
Income before tax (EBT) increased by over 120%
High levels of investment in research and development
Asclepion-Meditec AG (German securities code number: 531 370),
based in Jena, presented its report for the first half of the
current financial year today. The company posted sales of Euro
17.7 million (previous year: Euro 14.6 million) and income
before tax (EBT) of Euro 1.2 million (previous year: Euro 0.5
million). The result confirms the growth and innovation
strategy pursued by the company, believes Bernhard Seitz,
Asclepion’s CEO.
Focussing the existing sales organization on the Vision
business unit is yielding positive results. At 77 percent, the
increase in sales here was particularly high. The top selling
item is the laser for correcting vision defects, the MEL 70 G-
Scan. Just recently the effectiveness of this platform was
further enhanced by the addition of the CCA (Cone for
Controlled Atmosphere). CCA is a step towards standardization
of treatment and paves the way for the use of wavefront
diagnostics. Asclepion recently presented highly promising
results with this diagnostic procedure which can significantly
improve the visual acuity of people with normal vision (>>Eagle
Eyes<<).
In the Aesthetic business unit (dermatological applications)
the company recently concluded the establishment and expansion
of its second specialized sales organization at the end of
March. This means that, here too, the groundwork has been laid
for strong growth in the future.
The growth in sales in the Service business unit was much
higher than expected. Sales of Euro 2.1 million were posted in
the quarter just ended (up from Euro 1.4 million the previous
year).
From a regional perspective, the sales growth figures in the
Americas (+25 percent) and Asia-Pacific (+180 percent) were
exceptionally high.
In order to further improve its position as technology leader
in the market, Asclepion has invested Euro 2.4 million in
research and development, up from Euro 1.9 million last year.
Representing 13.7 percent of sales this is much higher than the
industry average. Asclepion is promoting in particular projects
with great growth potential, said Seitz. In addition to >>Super-
Vision<< this includes pain-free caries treatment (SaveDent)
and the pivotal pole of Asclepion in an innovation project
funded by the Federal Ministry for Education and Research
(BMBF). This carries the title >>Ophthalmo-Innovation
Competence Center<< and was approved as the only project in
Germany in the field of eye treatment.
Jena, May 30, 2000
Contact:
Asclepion-Meditec AG
Investor Relations
-Jens Brajer-
Pruessingstrasse 41
D-07745 Jena
Tel.: (+49) 3641 65-3968
Fax.: (+49) 3641 65-3448
eMail: jb@asclepion.com
The mid-year report can be downloaded from the Asclepion-
Meditec AG website at www.asclepion.com.
Ende der Mitteilung