VITA 34 International AG: VITA 34 achieves revenue and EBIT forecast in 2010
VITA 34 International AG / Key word(s): Preliminary Results/Final Results 08.03.2011 07:54 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- VITA 34 International AG: VITA 34 achieves revenue and EBIT forecast in 2010 Leipzig, March 8, 2011 - According to the preliminary data, which are not yet certified, the VITA 34 International AG (ISIN DE000A0BL849), parent company of the oldest private umbilical cord blood bank in the German-speaking countries, VITA 34 AG, has achieved all of its own forecasts made for the business year 2010. The number of stored umbilical cord blood preparations has reached 11,038, an all-time high in the company's history. In the year before, 10,816 storages were effected. The revenue increased by about 12 percent to 17m Euro, compared to 15.1m Euro in the previous year. Moreover, a quarterly revenue of 5m Euro was achieved for the first time ever in the fourth quarter. The EBITDA in 2010 has improved clearly disproportionately to the revenue by more than 120 percent to 1.7m Euro, in comparison with 0.7m Euro in the previous year. The EBIT increased to 0.7m Euro, compared to just under 0.2m Euro in 2009. The corporate result of about 0.3m Euro in 2010 is below the previous year's value of 0.6m Euro. The reasons for this were a one-time positive special item in the previous year and an increased tax expenditure in 2010. VITA 34 is expecting the positive revenue trend to continue in the current business year, while the results are expected to increase. A forecast will be published when the final data are submitted on March 24, 2011. Press/ Investor Relations: Axel Mühlhaus Dr. Sönke Knop edicto GmbH Eschersheimer Landstr. 42-44 D-60322 Frankfurt Phone:+49 (069) 90550550 Fax: +49 (069) 90550577 E-Mail: vita34@edicto.de 08.03.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: VITA 34 International AG Deutscher Platz 5a 04103 Leipzig Deutschland Phone: +49(0341)48792-40 Fax: +49(0341)48792-39 E-mail: info@vita34.de Internet: www.vita34.de ISIN: DE000A0BL849 WKN: A0BL84 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------