As a result, therefore, the improved annual outlook for 2007 (sales of EUR 1.4 to 1.6 billion, EBIT of 1-1.5%), just now adjusted in August of 2007, can be further detailed and re-adjusted upwards again. It is particularly relevant that the sales and earnings targets initially set for 2007 and 2008 when preparing the forecast are already being achieved in 2007. Despite a decline in sales of 13.4% in the first half of 2007, total 2007 sales are expected to exceed prior year sales. MEDION now anticipates total 2007 sales of approximately EUR 1.65 billion.
Due to a streamlining of the product range and the structural measures undertaken, as well as the expansion of the service portfolio the Management Board assumes that the MEDION Group will generate positive EBIT of approximately EUR 22-25 million in 2007, which is also
higher than the earlier projection.