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

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VITA 34 International AG: VITA 34 achieves revenue and EBIT forecast in

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

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Language:     English
Company:      VITA 34 International AG
              Deutscher Platz 5a
              04103 Leipzig
Phone:        +49(0341)48792-40
Fax:          +49(0341)48792-39
ISIN:         DE000A0BL849
WKN:          A0BL84
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement                             DGAP News-Service