euro adhoc: W.O.M. World of Medicine AG
Earnings Forecast
WORLD OF MEDICINE
will exceed sales and revenue goals for
Fiscal Year 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
9-month report
26.10.2007
Medical device manufacturer WORLD OF MEDICINE has achieved a revenue growth of 16.4% to EUR25.1 million in the first nine month of the current business year - despite the adverse Euro/US dollar exchange rate. Revenues have increased by 37.0% in the third quarter. Orders booked by the end of September 2007 exceeded last year`s September figure by EUR3.1 million. Based on these figures and as well as a year end projection, the Management Board expects to surpass the revenue goal for fiscal year 2007. The Board now anticipates a growth of revenues of at least 10.0% (before: 4-5%) to more than EUR34.0 million.
The sales yield before taxes reached 15.6% after the first nine month. Therefore, the Management Board raises the forecast for fiscal year 2007 from originally 10.0% to 13.0%.
WORLD OF MEDICINE will publish the complete 9-month report as announced on November 7, 2007.
The Management Board
end of announcement euro adhoc 26.10.2007 09:59:34
Further inquiry note:
Stefanie Gehrke
Tel.: +49 (0)30 399 81 566
E-Mail: stefanie.gehrke@womcorp.com
Branche: Pharmaceuticals
ISIN: DE0006637390
WKN: 663739
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade