Eckert & Ziegler with significant increase in sales (+17%) and adjusted EBIT (+41%) in Q1. Forecast 2024 confirmed.

EQS-News: Eckert & Ziegler SE / Key word(s): Quarterly / Interim Statement/Quarter Results
Eckert & Ziegler with significant increase in sales (+17%) and adjusted EBIT (+41%) in Q1. Forecast 2024 confirmed.
14.05.2024 / 07:50 CET/CEST
The issuer is solely responsible for the content of this announcement.

1st Quarter 2024:

• Sales of € 67.6 million (previous year: € 57.9 million)
• EBIT before special items of € 15.0 million (previous year: € 10.6 million)
• Net income € 8.5 million (previous year: € 4.7 million) 

Forecast FY 2024:

• Sales of just under € 265 Mio. (confirmed)
• EBIT before special items of around € 50 million (confirmed)

Berlin, 14 May 2024. Die Eckert & Ziegler SE (ISIN DE0005659700, TecDAX) increased sales by 17% to € 67.6 million in the first quarter of 2024 compared to the same period of the previous year. EBIT before special items from continuing operations (adjusted EBIT) rose by around € 4.4 million to € 15.0 million. Net profit (from continuing and discontinued operations) increased by 79% and reached € 8.5 million or € 0.41 per share.

In the first three months of the year, sales in the Medical segment were around € 10.4 million or 43% higher than in the previous year at € 34.6 million. The main growth driver continues to be the business with pharmaceutical radioisotopes, while sales from plant engineering also increased significantly.
The Isotope Products segment generated external sales of € 33.1 million, which was € 0.7 million or around 2% lower than in the first three months of 2023. Compared to the same period of the previous year, there were shifts between the product groups towards higher-margin products.

The forecast for the 2024 financial year published on March 22, 2024, remains unchanged. The Executive Board continues to expect sales of just under € 265 million and EBIT (earnings before interest and taxes) from continuing operations before special items of around € 50 million.

The complete quarterly report can be viewed here:
https://www.ezag.com/fileadmin/user_upload/ezag/investors-financial-reports/englisch/euz124e.pdf

About Eckert & Ziegler.
Eckert & Ziegler SE with more than 1.000 employees is a leading specialist for isotope-related components in nuclear medicine and radiation therapy. The company offers a broad range of services and products for the radiopharmaceutical industry, from early development work to contract manufacturing and distribution. Eckert & Ziegler shares (ISIN DE0005659700) are listed in the TecDAX index of Deutsche Börse.
Contributing to saving lives.

Your contact:
Eckert & Ziegler SE, Karolin Riehle, Investor Relations
Robert-Rössle-Str. 10, 13125 Berlin, Germany
Tel.: +49 (0) 30 / 94 10 84-138, karolin.riehle@ezag.de, www.ezag.com 

14.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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