PresseBox
Press release BoxID: 153692 (Analytik Jena Aktiengesellschaft)
  • Analytik Jena Aktiengesellschaft
  • Konrad-Zuse-Straße 1
  • 07745 Jena
  • http://www.analytik-jena.de
  • Contact person
  • Mario Voigt
  • +49 (3641) 77-9281

Analytik Jena begins the new financial year! with excellent earnings figures

Operating profit (EBIT) doubled to EUR 2.606 m

(PresseBox) (Jena, ) .
- Sales increases in all units
- Earnings per share grow by 80.0 % to EUR 0.27
- High level of incoming orders to the instrument business

The Analytik Jena GROUP achieved sales of EUR 23.100 m (previous year: EUR 17.952 m) in the first quarter (October 1, 2007 –December 31, 2007). This brings total sales to 28.7 % more than the previous year. Group operating profit doubled in comparison with the previous year from EUR 1.288 m to EUR 2.606 m (+102.3 %).Improvements in Group earnings have been achieved by all business units.

In the period from October 1, 2007 to December 31, 2007, sales in the instrument business were raised by 26.8 % to EUR 14.625 m (previous year: EUR 11.536 m) in comparison with the same period of the previous year. Considerable growth in sales was also achieved in the project ! business. This increased by 32.1 % to EUR 8.475 m (previous ye! ar: EUR 6.416 m) in the first quarter of financial year 2007/2008. With sales abroad of EUR 17.262 m (previous year: EUR 13.084 m), the Group posted a growth in exports from 72.9 % to a total of 74.7 %.

The Group operating profit (EBIT) was more than doubled in the first quarter, rising from EUR 1.288 m to EUR 2.606 m (+102.3 %). At 11.3 %, the Group achieved an EBIT margin of over 10.0 % for the first time. A look at the segments shows that Analytik Jena generated growth in EBIT in the instrument business compared to the previous year (from EUR 1.299 m to EUR 2.007 m). At EUR 0.599 m, the Group also boosted the operating result in the project business (previous year: EUR -0.011 m).

Overall, in the first three months of financial year 2007/2008, Analytik Jena generated a consolidated net profit of EUR 1.378 m (previous year: EUR 0.726 m). This corresponds to an 89.8 % increase in profit. On December 31, 2007, earnings per share had grown by 80.0 % to EUR 0.27 (previous! year: EUR 0.15).

Gross profit from sales rose by 19.6 % to EUR 8.868 m (previous year: EUR 7.418 m). The total gross margin, at 38.4 %, was slightly below the previous year’s value (41.3 %). For the most part, this can be attributed to the considerably weaker dollar as well as the changes in the segment sales combination compared to the same period last year.

On December 31, 2007, total assets for the Group climbed to EUR 67.310 m in comparison with the previous reporting date of September 30 (as at September 30, 2007: EUR 63.141 m.) Equity rose to EUR 31.737 m (as at September 30, 2007: EUR 29.980 m.) The equity ratio decreased slightly to 47.2 % (as at September 30, 2007: 47.5 %). At the end of the reporting period, the Group’s cash and cash equivalents amounted to EUR 10.521 m (as at September 30, 2007: EUR 6.990 m).

The very successful performance in the first quarter has provided us with an ideal platform for the financial year. We can still pos! t a stable rate of incoming orders, higher than the same perio! d last y ear, from those areas important to the Group such as Europe and Asia. In the second quarter we expect a somewhat quieter development due to seasonal effects, but still with a continued double-digit growth.

Additional information about Analytik Jena can be found at www.aj-group.de.