Eckert & Ziegler Increases Profit Forecast to 4 Euro per Share

Insider information pursuant to Article 17 MAR

(PresseBox) ( Berlin, )
According to initial analyses, revenues and earnings of the Berlin based isotope specialists Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700) as of June 30 were significantly higher than expected. While sales of EUR 81.0 million were generated in 2018 with continuing operations, this value is expected to have increased by 10% to EUR 89.0 million as of the half-year reporting date in 2019. In the same period, the earnings from continuing operations increased by 56% from EUR 1.65 to EUR 2.59 per share according to preliminary figures.

Since the 2019 half-year result contains only a few extraordinary items and most main product groups continue to be in good demand, the Executive Board expects that the consolidated result from continuing operations for fiscal year 2019 to exceed the forecast published at the beginning of the year. The previous target of EUR 3.50 is therefore increased to EUR 4.00 per share.

The complete figures for the first half year 2019 will be published on 13 August 2019.
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