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FamiCord AG Perlickstraße 5 04103 Leipzig, Germany http://www.vita34.de
Contact Ms Dr. Sönke Knop +49 69 90550550
Company logo of FamiCord AG
FamiCord AG

VITA 34 International AG: Positive Results in Q2 2009

EBIT at EUR 16k plus following EUR 0.8 million loss / Revenues in Q2 slightly above last year / 2009 annual targets confirmed

(PresseBox) (Leipzig, )
VITA 34 International AG (ISIN DE000A0BL849), the parent company of the leading umbilical cord blood bank in the German-speaking countries, VITA 34, has returned to profitability in the second quarter of 2009. The earnings before interest and taxes (EBIT) improved to more than EUR 16k following a loss of EUR 0.8 million in the corresponding quarter the year before. The period earnings turned around from EUR -0.8 million the year before to more than EUR 68k. Thus, the planned, just about two-year loss phase of the company was ended, during which high expenditures were incurred for sales and marketing, in
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.