VITA 34 International AG / Final Results
22.02.2010 08:37
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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VITA 34 is back in the black again in 2009
* EBIT of plus EUR 0.2 million
* Group result of plus EUR 0.6 million
* Operating cash flow of plus EUR 1.1 million
Leipzig, February 22, 2010 - The VITA 34 International AG (ISIN DE000A0BL849), parent company of the largest private umbilical cord blood bank in the German-speaking countries VITA 34, has made the return to the profit zone in the fiscal year 2009. After the EBIT had been forecast to reach the break-even, earnings before interest and tax at the amount of plus EUR 0.2 million could be achieved in the end. In the previous year, a loss of EUR 2.3 million had been recorded. In 2009, the group result of plus EUR 0.6 million had turned out even more positively mainly due to a good financial result, in comparison with a net loss of EUR 1.7 million in 2008. The revenue could be slightly increased from EUR 15.0 million to EUR 15.1 million in the business year 2009. The number of stored umbilical cord blood preparations of 10,816 was a little bit lower than the number reached in the year before of 11,020. For the first time in 2009, preparations from Slovenia and Italy were stored besides those from Germany and Spain at VITA 34 in Leipzig.
The operating cash flow in 2009 amounted to EUR 1.1 million after minus EUR 2.9 million in the previous year. The liquid funds added up to EUR 8.1 million at the end of the year, the equity ratio increased to 60.6 percent.
VITA 34 expects a clearly increasing profitability for the fiscal year 2010. It is an additional purpose to further develop the national and international network of partnerships this year.
The complete annual report will be available for download under www.vita34.de in the Investor Relations section in the course of February 25, 2010.
Press / Investor Relations:
Axel Mühlhaus
Dr. Sönke Knop
Edicto GmbH
Zeißelstraße 19
D-60318 Frankfurt
Tel.: +49 (069) 90550550
Fax: +49 (069) 90550577
eMail: vita34@edicto.de
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