Ad-hoc | 17 December 2002 07:00
Carl Zeiss Meditec AG
english
Carl Zeiss Meditec: Sales up by six percent
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Carl Zeiss Meditec: Sales up by six percent
Operative business well placed for further growth: cash-flow and equity ratio
significantly higher – liquidity tripled – integration-related costs temporarily
influencing result
Jena, 17 December 2002. Carl Zeiss Meditec AG has presented its first annual
statement (30 September 2002) since the merger. Group sales rose by 6% to EUR
204.6 million (previous year: EUR 193.3 million). The group therefore performed
well in a difficult economic climate.
The integration has set the course for the company’s further growth. The
operating result (EBIT) was still burdened by the costs arising from
integration. Nevertheless, the EBIT figure came in at EUR 8.4 million, after EUR
13.7 million the year before. However, the 2001/2002 statement is only
comparable to that of the previous year to a limited extent. According to US
GAAP the business of the former Asclepion was only consolidated from the start
of July 2002.
There is now a firm basis for further growth: cash-flow from operating
activities rose significantly in the financial year ended to EUR 22.7 million
(previous year: EUR 0.9 million). Liquid funds more than tripled – from EUR 2.1
million the previous year to EUR 7.2 million this year. The equity ratio rose to
49%, up from 23% last year.
Contact
Carl Zeiss Meditec AG
Jens Brajer/Director Investor Relations
Goeschwitzer Strasse 51 – 52, 07745 Jena/Germany
Tel.: + 49 (3641) 220-105
Fax: + 49 (3641) 220-102
E-Mail: investors@meditec.zeiss.com
end of ad-hoc-announcement (c)DGAP 17.12.2002
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WKN: 531370; ISIN: DE0005313704; Index:
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