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W.O.M. World of Medicine AG

EANS-News: W.O.M. World of Medicine AG
Sales and earnings in Q1/09 above plan for 2009

Berlin (euro adhoc) -

WORLD OF MEDICINE boosts its innovative power
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
balance/3-Month Report 2009
In the first three months of 2009, sales and
earnings of medical device manufacturer WORLD OF MEDICINE were 
slightly above planning for the year 2009 as a whole. The volume of 
sales reached TEUR9,810 (same period last year: TEUR10,791), and 
outpaced last year's quarterly average (TEUR9,241) by 6.2%. Major 
orders placed after product launches strongly influenced the figures 
reported for the first quarter of 2008. This rapid pace must be 
viewed relative to the business performance over the remainder of 
2008.The return on sales before taxes in the first thee months of 
2009 equaled 11.3%, and was slightly above the figure planned for 
business year 2009 (11%).
"We are taking a realistic and optimistic approach to the future," 
says Peter P. Wiest, CEO of WORLD OF MEDICINE. "Our earnings in the 
first quarter of 2009 speak for themselves. However, in these times 
of weaker markets, we are focusing efforts into boosting our 
innovative power. Our priority is not to achieve goals on short-term 
yields, but instead to safeguard the market position of our Company, 
and to secure our employees' jobs over the medium- and long term. For
this reason, we are intentionally stepping up our investments in 
strategically important R&D projects. We are currently reviewing the 
effects on our 2009 earnings goal."
The consequences of the downward economic cycle on WORLD OF 
MEDICINE's business are difficult to assess with absolute certainty. 
WORLD OF MEDICINE is expecting a restraint development in the 2nd 
quarter, followed by a recovery at year-end 2009. At this time, the 
Company is reassigning employees from departments which lag in orders
to production lines that are being used to full capacity. Despite 
this, the Management Board may enforce a short-time work schedule on 
a temporary basis (starting in May) as a tool for the affected 
divisions.
The entire Quarterly Financial Report for the first 3 months of 2009 
is available at: 
www.world-of-medicine.com/wsc/pdf/wom/en/qr_3monthreport_2009_wom.pdf
WORLD OF MEDICINE and its technologies are paving the way in 
Minimally Invasive Surgery - or MIS for short. This approach includes
safe and gentle surgical procedures conducted not through major 
incisions, but through keyhole or puncture incisions. The Company is 
the global market leader in a niche of this future market.
end of announcement                               euro adhoc

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

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