DGAP-News: MeVis Medical Solutions AG / Key word(s): Interim Report/9 Month figures
29.08.2019 / 16:00
The issuer is solely responsible for the content of this announcement.
Slight increase in revenues with stable costs
Bremen, August 29, 2019 – MeVis Medical Solutions AG [ISIN: DE000A0LBFE4], a leading provider of medical imaging software, announces the results for the third quarter and first nine months of fiscal year 2018/2019 (reporting period October 1, 2018 to June 30, 2019).
Revenues in the third quarter of fiscal year 2018/2019 amounted to EUR 4,350 k, about 12 % above the previous year’s level (EUR 3,900 k). License business increased by 25 % in the third quarter to EUR 1,239 k (prev. year: EUR 995 k), and the maintenance business by 12 % to EUR 1,822 k (prev. year: EUR 1,632 k) compared to the previous year’s period. The service business increased from EUR 1,270 k in the previous year’s period to EUR 1,289 k.
Revenues in the first nine months thus amounted to EUR 12,594 k (prev. year: EUR 12,133 k) and were allocated to the segments Digital Mammography with EUR 7,135 k (prev. year: EUR 8,192 k), Development Services with EUR 3,060 k (prev. year: EUR 1,583 k) and Other Operating Activities with EUR 2,399 k (prev. year: EUR 2,358 k). With a share of 57 % (prev. year: 68 %), the Digital Mammography segment continued to be the main source of revenues.
EBIT (Earnings before financial result and taxes) amounted to EUR 5,376 k in the reporting period (prev. year: EUR 4,440 k). At 43 %, the EBIT margin improved compared with a previous year’s value of 37 %.
The financial result declined significantly in the reporting period to EUR 390 k (prev. year: EUR 685 k). The change compared with the previous year is due to the development of the balance of income and expenses from exchange rate differences of EUR 494 k (prev. year: EUR 120 k) and the deterioration in the result of the 51 % share in MeVis BreastCare GmbH & Co. KG of EUR -216 k (prev. year: EUR 461 k), which is recognized at equity and interest income in the amount of EUR 127 k (prev. year: EUR 117 k).
Net profit after taxes therefore amounted to EUR 5,766 k (prev. year: EUR 5,122 k), corresponding with undiluted earnings per share of EUR 3.17 (prev. year: EUR 2.81).
Kirchhoff, Marcus / CEO
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|Company:||MeVis Medical Solutions AG|
|Phone:||+49 421 224 95 0|
|Fax:||+49 421 224 95 999|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||865657|
|End of News||DGAP News Service|