ECKERT & ZIEGLER SE
DGAP-News: Eckert & Ziegler Strahlen- und Medizintechnik AG / Key word(s): 9-month figures/Quarter Results Berlin, 13 November 2018. Berlin-based Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700), a specialist in isotope-related applications in medicine, science and industry, increased the earnings per share to EUR2.50 in the third quarter of 2018 and thus reached the earnings originally projected for the entire year within the first nine months.The Group generated roughly EUR4.5 million or EUR0.88 per share in the third quarter. In comparison to the previous year, the Group's earnings thus increased by 45% or EUR0.78 per share. All segments contributed to the great result. The Isotope Products segment generated high sales in the energy sector; in the Radiopharma segment, the brisk demand for pharmaceutical radioisotopes resulted in new record sales. The revenues in the Radiation Therapy segment increased in the HDR business (high dose rate) compared to the previous year. Since the cyclotron division has been sold in May 2017 and income and sales from discontinued operations must be reported separately in accordance with IFRS 5, the figures about the comparable period relate only to the continuing operations. In the third quarter of 2018, the Eckert & Ziegler Group generated new record-high sales of EUR123.8 million. The sales increased by EUR23.4 million, or 23%, over the previous year. The Isotope Products segment - which increased its sales by EUR20.0 million or 31% to EUR83.7 million due to the consolidation of the Gamma-Service Group acquired at the end of May 2017 and the strong demand in the energy sector - experienced the largest growth spurt among the continuing operations. Sales in the Radiation Therapy segment rose as well by EUR2.8 million or 15% to EUR21.1 million, driven by good sales of HDR products. The Radiopharma segment increased sales by 14% to EUR23.5 million. The growth was primarily driven by the pharmaceutical radioisotopes.
The strong euro had adverse effects on the sales growth in all segments due to the adverse effects on sales made in foreign currencies. Compared with the previous year, the Group thus lost EUR4.7 million, so the increase after adjustment for currency effects would have totaled EUR28.1 million or 28%. Organic, real sales growth - in other words, currency effect-adjusted sales to exclude the acquisitions and disposals made in 2017 - amounted to EUR17.5 million or 17%.
The complete financial statements can be viewed here:
13.11.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Eckert & Ziegler Strahlen- und Medizintechnik AG |
| Robert-Rössle-Str.10 | |
| 13125 Berlin | |
| Germany | |
| Phone: | 49 30 941084-138 |
| Fax: | 49 30 941084-112 |
| E-mail: | karolin.riehle@ezag.de |
| Internet: | www.ezag.de |
| ISIN: | DE0005659700 |
| WKN: | 565970 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |
744593 13.11.2018
