Medion AG: Ad-hoc announcement in accordance with § 15 of the German Securities Trading Act (WpHG)
Preliminary figures for Q1 2008
MEDION AG: Q1 2008 earnings significantly surpass previous year
According to preliminary unaudited figures, earnings before interest and taxes (EBIT) of MEDION AG for the 1st quarter of 2008 will improve to approx. €6.7 million from the prior-year total of €4.6 million. Due to a positive financial result of €0.5 million in 2008 after a negative financial result of €-0.1 million in 2007, earnings before taxes will rise even stronger than EBIT from €4.5 million in 2007 to approx. €7.2 million in Q1 2008. As a consequence, MEDION’s earnings per share will increase to approx. €0.11 in Q1 2008, up from €0.06 in Q1 2007. Sales in Q1 2008 will rise to €420 million from €406 million in the previous year. The more attractive product portfolio played a decisive role in the significant improvement in earnings.
The complete report for Q1 2008 will be published on May 14, 2008 as announced.