Brief: Eckert & Ziegler Q3 Profit At 9.4 Million EUR

Eckert & Ziegler SE

17/10/2023 17:27

Oct 17 (Reuters) - ECKERT & ZIEGLER STRAHLEN UND
MEDIZINTECHNIK AG  EUZG.DE :
    * 9M PROFIT OF 20.3 MILLION EUR (PREVIOUS YEAR: 23.3 MILLION
EUR)
    * OUTLOOK 2023: SALES OF JUST UNDER 230 MILLION EUR
(CONFIRMED)
    * MAIN DRIVER OF THIS DEVELOPMENT IS CONTINUING DEMAND FOR
RADIOISOTOPES FOR PHARMACEUTICAL APPLICATIONS, WHICH LED TO
GROWTH OF AROUND 27% IN MEDICAL SEGMENT (DELETES REFERENCE TO
OUTLOOK)
    * EQS-ADHOC: ECKERT & ZIEGLER ACHIEVES DOUBLE-DIGIT GROWTH
IN Q3
VERSUS PREVIOUS YEAR. SIGNIFICANT JUMP IN SALES ALSO IN FIRST 9
MONTHS, EARNINGS STILL BURDENED BY SPECIAL ITEMS COMPARED TO
SAME PERIOD LAST YEAR.
    * MAIN DRIVERS OF DECLINE IN EARNINGS COMPARED TO PREVIOUS
YEAR
ARE CURRENCY EFFECTS AS WELL AS INFLATION ADJUSTMENTS IN
HYPERINFLATIONARY COUNTRY OF ARGENTINA (DELETES REFERENCE TO
OUTLOOK)
    * Q3 SALES OF 65.9 MILLION EUR (PREVIOUS YEAR: 57.2 MILLION
EUR)
    * OUTLOOK 2023: PROFIT OF AROUND EUR 25 MILLION (CONFIRMED)
    * THESE AMOUNT TO AROUND 4.5 MILLION EUR (DELETES REFERENCE
TO
OUTLOOK)
    * Q3 PROFIT OF 9.4 MILLION EUR (PREVIOUS YEAR: 7.9 MILLION
EUR)

Further company coverage:  EUZG.DE 

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