Vita 34 AG increases Earnings per Share by 81 percent to EUR 0.67 and attains an EBITDA Margin of 27.5 percent
Vita 34 AG / Key word(s): Preliminary Results
21.03.2016 18:58
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Vita 34 AG increases Earnings per Share by 81 percent to EUR 0.67 and
attains an EBITDA Margin of 27.5 percent
Leipzig, March 21, 2016 - Vita 34 AG (WKN A0BL84) is publishing figures on
fiscal year 2015 in advance.
In fiscal year 2015 Vita 34 increased total operating revenues by 22.1
percent to EUR 18.5 million (2014: EUR 15.2 million). The period result
increased to EUR 1.7 million in the reporting period (2014: EUR 1.0
million), which equates to earnings per share of EUR 0.67. The increase as
compared with the previous year (2014: EUR 0.37) was, therefore 81.1
percent. Earnings before interest and taxes (EBIT) of EUR 1.6 million were
at the prior year's level (2014: EUR 1.7 million). The earnings before
interest, taxes, depreciation and amortization (EBITDA) rose to EUR 3.9
million (2014: EUR 2.8 million), which is equivalent to an EBITDA margin of
27.5 percent (2014: 20.1 percent). Consequently, Vita 34 has exceeded its
own EBITDA forecast for fiscal year 2015 significantly, which had
originally foreseen EBITDA at the prior year's level.
Company revenues increased to EUR 14.2 million (2014: EUR 13.8 million)
based on the product VitaPlusNabelschnur [VitaPlusCord], as well as
acquisitions completed in 2015. Thus, the company exceeded prognoses set
for fiscal year 2015. Other operating income increased to EUR 4.3 million,
following EUR 1.7 million in the prior year's period. This development can
be traced back to the profit effects from the initial consolidation of the
acquisitions made.
The Management Board and the Supervisory Board have resolved, to propose an
increase of the dividend payment by 6.7 percent to EUR 0.16 per share to
the Annual General Meeting.
Vita 34 AG will publish the final figures for the 2015 reporting period, as
well as the forecast for fiscal year 2016 with the Annual Report 2015 on
March 30th, 2016.
Additional information:
ISIN: DE000A0BL849
WKN: A0BL84
Ticker symbol: V3V
Market segment: Regulated Market (Prime Standard) of the Frankfurt Stock
Exchange
Vita 34 AG
Deutscher Platz 5
04103 Leipzig
Germany
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Language: English
Company: Vita 34 AG
Deutscher Platz 5a
04103 Leipzig
Germany
Phone: +49(0341)48792-40
Fax: +49(0341)48792-39
E-mail: ir@vita34.de
Internet: www.vita34.de
ISIN: DE000A0BL849
WKN: A0BL84
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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