15.05.2014
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DGAP-News: UMS United Medical Systems International AG: UMS even with last year in first quarter of 2014
DGAP-News: UMS United Medical Systems International AG / Key word(s):
Quarter Results/Quarter Results
UMS United Medical Systems International AG: UMS even with last year
in first quarter of 2014
15.05.2014 / 10:50
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UMS even with last year in first quarter of 2014
Hamburg, May 15, 2014 - UMS United Medical Systems International AG (UMS /
ISIN DE0005493654) is off to a solid start in the new fiscal year and met
its expectations for the first quarter. Earnings per share were 12 cents in
the first three months compared to the exact same amount (12 cents) in the
corresponding prior-year quarter.
Consolidated revenues under IFRS decreased by 4% in the opening quarter of
2014 to EUR 9.6 million. However, adjusted for the change in the exchange
rate between the U.S. dollar and euro, they were even with the first
quarter of 2013. Business in the Urology segment was stable, while
Gynecology recorded a decline in sales. Revenues in Radiology, by contrast,
rose considerably.
Net profit came to EUR 2.4 million in the first quarter of 2014, which was
even with last year at this time. Net cash provided by operating activities
increased to EUR 3.3 million, after having stood at only EUR 2.3 million in
the corresponding prior-year quarter.
In light of the stable development of business, the Company continues to
expect revenues and earnings at last year's level and earnings per share of
50 to 55 cents.
Jorgen Madsen, CEO of UMS AG, explains: "We are pleased with how well the
first quarter went given the challenging market conditions, particularly
the long, severe winter in North America. We are in a good position and
delivering stable results. Therefore, I'm optimistic overall that we will
meet our projections for the full year 2014."
The complete report for the first quarter is available in German and
English on the Company's website at www.umsag.com.
About UMS AG
UMS International AG is a provider of innovative healthcare delivery
concepts in the growth segment of high-tech medicine. UMS pioneered the
mobile deployment of high-class medical systems and markets a comprehensive
range of full-service solutions for hospitals and specialists. The
forward-looking concepts include complete services for the customer,
covering everything from system management to the provision of trained
application specialists. The UMS Group currently has around 220 employees
worldwide and serves over 900 customers.
Contact
Astrid Soltau, Tel: (040) 50 01 77-00, Fax: (040) 50 01 77-77, E-mail:
[email protected]
End of Corporate News
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15.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: UMS United Medical Systems International AG
Borsteler Chaussee 53
22453 Hamburg
Germany
Phone: +49 (0)40 - 500 177 - 00
Fax: +49 (0)40 - 500 177 - 77
E-mail: [email protected]
Internet: www.umsag.com
ISIN: DE0005493654
WKN: 549365
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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