VITA 34 International AG: VITA 34 is back in the black again in 2009

VITA 34 International AG / Final Results

22.02.2010 08:37

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VITA 34 is back in the black again in 2009

* EBIT of plus EUR 0.2 million
* Group result of plus EUR 0.6 million
* Operating cash flow of plus EUR 1.1 million

Leipzig, February 22, 2010 - The VITA 34 International AG (ISIN
DE000A0BL849), parent company of the largest private umbilical cord blood
bank in the German-speaking countries VITA 34, has made the return to the
profit zone in the fiscal year 2009. After the EBIT had been forecast to
reach the break-even, earnings before interest and tax at the amount of
plus EUR 0.2 million could be achieved in the end. In the previous year, a
loss of EUR 2.3 million had been recorded. In 2009, the group result of
plus EUR 0.6 million had turned out even more positively mainly due to a
good financial result, in comparison with a net loss of EUR 1.7 million in
2008. The revenue could be slightly increased from EUR 15.0 million to EUR
15.1 million in the business year 2009. The number of stored umbilical cord
blood preparations of 10,816 was a little bit lower than the number reached
in the year before of 11,020. For the first time in 2009, preparations from
Slovenia and Italy were stored besides those from Germany and Spain at VITA
34 in Leipzig.

The operating cash flow in 2009 amounted to EUR 1.1 million after minus EUR
2.9 million in the previous year. The liquid funds added up to EUR 8.1
million at the end of the year, the equity ratio increased to 60.6 percent.

VITA 34 expects a clearly increasing profitability for the fiscal year
2010. It is an additional purpose to further develop the national and
international network of partnerships this year.

The complete annual report will be available for download under in the Investor Relations section in the course of February
25, 2010.

Press / Investor Relations:
Axel Mühlhaus
Dr. Sönke Knop
Edicto GmbH
Zeißelstraße 19
D-60318 Frankfurt
Tel.: +49 (069) 90550550
Fax:  +49 (069) 90550577

22.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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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, München, Hamburg, Stuttgart
End of News                                     DGAP News-Service