euro adhoc: W.O.M. World of Medicine AG
Earnings Forecast
WORLD OF MEDICINE
will exceed sales and revenue goals for
Fiscal Year 2007
26.10.2007 – 10:35
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
9-month report
26.10.2007
Medical device manufacturer WORLD OF MEDICINE has achieved a revenue growth of 16.4% to EUR25.1 million in the first nine month of the current business year - despite the adverse Euro/US dollar exchange rate. Revenues have increased by 37.0% in the third quarter. Orders booked by the end of September 2007 exceeded last year`s September figure by EUR3.1 million. Based on these figures and as well as a year end projection, the Management Board expects to surpass the revenue goal for fiscal year 2007. The Board now anticipates a growth of revenues of at least 10.0% (before: 4-5%) to more than EUR34.0 million.
The sales yield before taxes reached 15.6% after the first nine month. Therefore, the Management Board raises the forecast for fiscal year 2007 from originally 10.0% to 13.0%.
WORLD OF MEDICINE will publish the complete 9-month report as announced on November 7, 2007.
The Management Board
end of announcement euro adhoc 26.10.2007 09:59:34
Further inquiry note:
Stefanie Gehrke
Tel.: +49 (0)30 399 81 566
E-Mail: stefanie.gehrke@womcorp.com
Branche: Pharmaceuticals
ISIN: DE0006637390
WKN: 663739
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade