EANS-Adhoc: W.O.M. World of Medicine AG
9M Figures with slightly increased
order backlog but decline in sales/Return on sales before taxes of 3% also
realistic for full business year 2009/
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
9-month report
09.11.2009
Given the 9-month figures and a current outlook based on the October figures stock listed medical device manufacturer W.O.M. WORLD OF MEDICINE AG anticipates that this year`s development after the first nine months will also be carried forward in the fourth quarter 2009. This implies a reduction in sales for the year 2009 as a whole of approximately 15%, with a return on sales before taxes of 3%. This takes into account the weakening of the US dollar. The previous outlook expected sales at the level as 2008 and a return on sales before taxes of 6%.
Especially US sales were lower than expected. In the end of the 3rd quarter 2009, a slight increase in the volume of orders booked indicates tentative signs of recovery in the region. However, the sustainability of these signs and the pace at which a potential shift in trends is established by WORLD OF MEDICINE`s sales are still placed in question.
The complete 9-Month Report 2009 is available on November 10, 2009, 8.00 a.m. CET, at the following link:
www.world-of-medicine.com/wsc/pdf/wom/en/qr_9monthreport_2009_wom.pdf
The Management Board
end of announcement euro adhoc
Further inquiry note:
Stefanie Gehrke
Cell Phone: + 49 (0) 172 402 67 40
E-Mail: stefanie.gehrke@womcorp.com
Branche: Pharmaceuticals
ISIN: DE0006637390
WKN: 663739
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