11.04.2014 Medisana AG  DE0005492540

DGAP-Adhoc: Medisana AG: Adjusted forecast for MEDISANA AG following preliminary results: Slight sales revenue growth; 2013 operating earnings fall short of expectations


 
Medisana AG / Key word(s): Results Forecast 11.04.2014 14:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Adjusted forecast for MEDISANA AG following preliminary results: Slight sales revenue growth; 2013 operating earnings fall short of expectations April 11, 2014 - On the basis of preliminary FY 2013 results, the Management Board of MEDISANA AG no longer assumes that EBIT operating earnings have improved compared with 2012, despite the slight sales revenue growth that the Group achieved. Reasons for this include price reductions in the company's business with major customers. These price reductions were larger than in the previous year, and also higher than forecast. Further reasons included adjustments applied during annual stocktaking to the valuation of inventories due to technological further-developments, and the recognition of income from a partner agreement that was postponed until the first half of 2014. The Management Board now anticipates an EBIT loss of around EUR -3.1 million for 2013 (previous year: EBIT loss of EUR -2.4 million). As far as the current 2014 financial year is concerned, the Management Board anticipates that sales revenue will grow slightly year-on-year, and that operating earnings will report a significant improvement. MEDISANA AG Jagenbergstrasse 19, 41468 Neuss Tel.: +49 (0) 2131 / 36 68 0 Fax: +49 (0) 2131 / 36 68 50 95 [email protected] www.medisana.de 11.04.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Medisana AG Jagenbergstr. 19 41468 Neuss Germany Phone: +49 (0)2131-3668 5410 Fax: +49 (0)2131- 3668 5095 E-mail: [email protected] Internet: www.medisana.de ISIN: DE0005492540 WKN: 549254 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------