Medion AG

euro adhoc: MEDION AG
Financial Figures/Balance Sheet
MEDION AG: Ad-hoc announcement in accordance with § 15 of the German Securities Trading Act (WpHG) Preliminary Figures 2008

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Company Information/Preliminary Figures 2008


MEDION AG: Ad-hoc announcement in accordance with § 15 of the German Securities Trading Act (WpHG)

According to preliminary figures, in fiscal year 2008 (01/01/2008 -   12/31/2008) the MEDION Group increased its earnings before  interest and  taxes  (EBIT)  by about 20% to EUR34.4 million (2007: EUR28.5 million). Because of lowered  volume  in several key European markets toward the end of the 4th quarter of 2008,  revenue declined from EUR1.659 million to EUR1.613  million.  The  improvement  in earnings compared to the previous year is primarily due to  the  optimized   portfolio  of products and services. In particular, the new Designline supported  by  targeted marketing activities was well received in the market.

The significant worsening of the prospects for economic growth  and   consumption in the eurozone and the great difficulty in forecasting economic  conditions  at the present time make any projection  for   the  current  fiscal  year  extremely uncertain. Due to the cautious order behavior of  significant  MEDION  customers for the 1st and 2nd quarter of 2009, revenue  is  expected  to  decline  in  the first six months of 2009.  The  economy  in  the  eurozone  and  in   Germany  in particular is generally  expected  to  recover  in  the   second  half  of  2009. MEDION's revenues can then be expected to stabilize.

Nonetheless, the MEDION Group will continue to be  clearly   profitable  in  2009 despite the well-known difficulties in the economic environment. MEDION's  sound financial position and equity-to-assets ratio exceeding 50%  will  make  further successful development of the business model possible. Especially the  portfolio of design-oriented products and the service business will be expanded.

Investor Relations Ph: +49-201-8383-6500 e-Mail:

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ots Originaltext: MEDION AG
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Investor Relations

Tel.: +49-201-8383-6500


Branche: Technology
ISIN:      DE0006605009
WKN:        660500
Index:    SDAX
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Börse München / free trade

Weitere Meldungen: Medion AG

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