UMS United Medical Systems International AG: UMS AG 2013 profit did not reach prior year's level, dividend will stay at 55 cents per share
Revenue growth and improved earnings expected for 2014
With these figures, UMS AG did not reach its forecast for fiscal year 2013.
The reasons include the declining euro value of the U.S. dollar and an ongoing uncertainty of the customers especially in urological segment during the year. Additional sales of equipment planned for 2013 were postponed. A particular difficulty in the last months of fiscal 2013 was the government shut-down in the United States.
Thanks to its excellent capitalization and the positive outlook for the current fiscal year 2014, UMS AG intends to again distribute an attractive dividend of 55 cents per share for 2013. The Company also plans to maintain its shareholder-friendly dividend policy for the coming years.
The Management Board and the Supervisory Board of UMS AG plan to propose an unchanged dividend of 55 cents per share to the annual shareholders' meeting to be held on June 4, 2014 in Hamburg. The distribution will come from the tax contribution account and will be paid without withholding taxes.
For the current fiscal year 2014, UMS expects revenues to increase and earnings to improve. However, this assumption is based on an increasing acceptance of the healthcare reform resulting in less uncertainty in the market.
UMS United Medical Systems International AG
UMS International AG is a provider of innovative healthcare delivery concepts in the growth segment of high-tech medicine. UMS pioneered the mobile deployment of high-class medical systems and markets a comprehensive range of full-service solutions for hospitals and specialists. The forward-looking concepts include complete services for the customer, covering everything from system management to the provision of trained application specialists. The UMS Group currently has around 219 employees worldwide and serves over 900 customers.