euro adhoc: Sartorius AG
Nine-month earnings for 2004 already above
full-year earnings for 2003
Group sales revenue and order intake
significantly up from the previous years level
Debt further
reduced
Full-year targets unchanged
28.10.2004 – 08:36
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
In the first nine-month period of 2004, the Sartorius Group increased its sales revenue by 3.9% (currency-adjusted: 6.6%) to 337.5 million from 324.8 million a year ago. We raised sales revenue of the Biotechnology Division by 2.9% (currency-adjusted: 5.7%) to 170.8 million (previous year: 166.1 million), and that of the Mechatronics Division by 5.0% (currency-adjusted: 7.4%) to 166.6 million (previous year: 158.7 million).
Concerning order intake, we posted a substantial increase of 9.1% (currency-adjusted: 12.3%) to 347.6 million (previous year: 318.6 million). For the Biotechnology Division, order intake rose 10.1% (currency-adjusted: 13.8%); for the Mechatronics Division, order intake climbed 8.1% (currency-adjusted: 10.7%). We boosted EBITDA in the first nine-month period of 2004 to 36.6 million from 16.6 million a year ago and improved EBIT to 20.3 million (previous year: - 0.7 million). We raised EBIT for the Biotechnology Division to 10.2 million (previous year: 0.7 million); and increased that for the Mechatronics Division to 10.1 million (previous year: - 1.5 million).
We primarily used net cash flow of 21.8 million (previous year: 26.6 million) to reduce our net debt to 92.1 million (reporting date on December 31, 2003: 105.0 million).
We continue to adhere to our full-year targets for increasing sales revenue in the mid- to upper percentage range of one digit and for doubling EBIT.
end of announcement euro adhoc 28.10.2004 08:00:00
Further inquiry note:
Heiko Imöhl
Vice President
Treasury & Investor Relations
phone : +49 551 308 4034
Branche: Biotechnology
ISIN: DE0007165607
WKN: 716560
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen: Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Frankfurter Wertpapierbörse / official dealing
Niedersächsische Börse zu Hannover / official dealing