Eckert & Ziegler: Successful fiscal year 2022
EQS-News: Eckert & Ziegler Strahlen- und Medizintechnik AG
/ Key word(s): Annual Results/Forecast
Berlin, 30 March 2023 - Eckert & Ziegler AG (ISIN DE0005659700, TecDAX) achieved sales of € 222.3 million in FY 2022. Compared to the previous year, sales increased by € 41.9 million or 23%. Net income reached € 29.3 million, thus increasing by nearly 20% compared to the previous year's figure adjusted for special effects.
In the Isotope Products segment, sales rose by 37% to € 131.4 million. The reason for the increase is the acquisition of the Argentinian Tecnonuclear S.A. in 2022 and a strong Asian business.
In the Medical segment, revenue grew by 8% to € 90.9 million. The largest growth driver continues to be the business with radiopharmaceuticals, which showed growth of 37% to
Cash and cash equivalents as of 31 December 2022 decreased to € 82.7 million; less loan liabilities, net liquidity amounted to € 60.3 million. Compared to the end of 2021, this corresponds to a decrease of € 27.6 million.
For the 2023 financial year, the Executive Board expects to achieve revenues of nearly € 230 million in the operating segments - Medical and Isotopes Products - and, as in 2022, a net profit of € 31 million. No revenues are expected in the Other segment. However, higher expenses for non-capitalizable clinical developments will occur in this segment in 2023, which will increase the loss in the Other segment by € 4 million to € 6 million. The consolidated net income (net profit) as the total of all segments will then amount to around € 25 million in 2023.
The forecast is based on a weighted average exchange rate of USD 1.05 per euro and the assumption that Eckert & Ziegler will not be affected by any major disruptions from the war in Ukraine.
The Executive Board and Supervisory Board will propose a dividend of € 0.50 per dividend-bearing share (previous year € 0.50) at the Annual General Meeting.
The full 2022 financial statements can be found here:
About Eckert & Ziegler.
30.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Company:||Eckert & Ziegler Strahlen- und Medizintechnik AG|
|Phone:||+49 30 941084-138|
|Fax:||+49 30 941084-112|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1594623|
|End of News||EQS News Service|