euro adhoc: MEDION AG
Financial Figures/Balance Sheet
MEDION AG: Increase in
earnings for Q1 2007
Restructuring shows first success
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
3-month report/preliminary figures
26.04.2007
MEDION AG: Ad hoc announcement Q 1 2007 Preliminary figures
MEDION AG: Increase in earnings for Q1 2007
Restructuring shows first successMEDION AG is stating that earnings before interest and taxes (EBIT) will improve from EUR 4.1 million in the prior-year period to approximately EUR 4.5 million in the first quarter of 2007. Earnings before taxes will see an even greater increase from EUR 3.4 million in 2006 to approximately EUR 4.5 million in Q1 2007. As expected, sales will not reach the previous year's level, though the sales decline in Q1 2007 will be less than previously assumed by the capital markets. After EUR 465.9 million in Q1 2006, sales will reach approximately EUR 407 million in Q1 2007. The clear increase in earnings was achieved largely due to a higher gross margin of around 10.6 % and a better cost structure.
The full report on the first quarter of 2007 will be presented on May 11, 2007 as announced.
Investor Relations Phone: +49-201-8383-6500
end of announcement euro adhoc 26.04.2007 07:48:55
Further inquiry note:
Investor Relations
Tel. +49(0)201-8383-6500
e-Mail: aktie@medion.com
Branche: Technology
ISIN: DE0006605009
WKN: 660500
Index: SDAX
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade