May 28 (Reuters) - Aap Implantate AG AAQ1k.DE :
* DGAP-NEWS: Q1/21: SUCCESSFUL START TO THE YEAR WITH SALES
GROWTH
(+9%) AND SIGNIFICANT EARNINGS IMPROVEMENT (+91%) DESPITE STILL
BURDENING COVID-19 PANDEMIC - RESTRUCTURING SUCCESSES CLEARLY
VISIBLE
* Q1 EBITDA LOSS -200,000 EUR VERSUS -2.2 MILLION EUR LOSS
YEAR
AGO
* Q1 SALES INCREASED BY 9% YEAR-ON-YEAR TO EUR 2.7 MILLION
(Q1/2020: EUR 2.5 MILLION)
* EBITDA OF EUR -0.2 MILLION IN Q1 OF 2021 COMPARED TO
CORRESPONDING PERIOD OF PREVIOUS YEAR (Q1/2020: EUR -2.2
MILLION)
* EXCLUDING ONE-TIME EFFECTS, Q1 RECURRING EBITDA ALSO
IMPROVED
SUBSTANTIALLY YEAR-ON-YEAR TO EUR -0.2 MILLION (Q1/2020: EUR
-1.4 MILLION)
* AAP EXPECTS SALES GROWTH FOR Q2 OF 2021 AND PLANS A SALES
LEVEL
ABOVE EUR 3 MILLION MARK (Q2/2020: EUR 1.9 MILLION, H1/2020: EUR
4.4 MILLION)
Source text for Eikon: ID:nEQ5P0hQQa
Further company coverage: AAQ1k.DE
(Gdansk Newsroom)
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