Navigation Links
Gerresheimer: Record Year in 2007 and Positive Outlook for 2008
Date:2/26/2008


DUSSELDORF, Germany, February 26 /PRNewswire-FirstCall/ --

- Sales in 2007 Increased by 48.1% to EUR957.7m

- Operating Results (Adjusted EBITDA) up by 48.1% at EUR181.6m

- Proposed Dividend: EUR0.40 Per Share - CEO Dr. Axel Herberg: "For the Financial Year 2008 we Expect Further Sales Growth, With an Improved Margin."

Gerresheimer AG has finished the financial year 2007 with record figures in terms of sales and results. The company increased its sales by 48.1% to EUR957.7m (2006: EUR646.7m). Excluding acquisition and exchange-rate effects, Gerresheimer reports above-average sales growth of 8.4%. Operating results (Adjusted EBITDA) rose by 48.1% from EUR122.6m in the prior year to EUR181.6m. The company's operating strength is shown by the Adjusted EBITDA margin of 19.0%.

The debt level before the IPO and the one-off costs of the IPO are reflected in consolidated results of EUR0.8m (2006: EUR-25.0m). In the fourth quarter, however, consolidated results already totalled EUR13.9m, reaching a level which was no longer depressed by IPO costs and for the first time reflected the company's low level of debt. The adjusted consolidated results improved strongly during the financial year to EUR44.3m (2006: EUR8.7m).

"We have achieved all the targets we set ourselves for 2007 and in many cases exceeded them. For our company we look back over a very successful financial year", says Dr. Axel Herberg, CEO of Gerresheimer AG. Against the background of this brilliant business development, the Management Board and the Supervisory Board will propose to the Shareholders' Meeting that a dividend is already distributed for the financial year of the IPO, which is to amount to EUR0.40 per share.

Continuation of globalisation strategy

The strong growth of Gerresheimer AG is attributable on the one hand to above-average organic growth and on the other hand to acquisitions. The Wilden Group, which was acquired at the sta
'/>"/>

SOURCE Gerresheimer AG
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology technology :

1. CIGNA Medical Group Selects Allscripts for Electronic Health Record
2. Eklin Medical Reports Record Revenues for 2007
3. Hayes Clinical Labs to Market MedeFiles Proprietary Electronic Medical Record Management Solution to Patients
4. GeoPharma Announces Record Revenues in Third Quarter Results
5. Halogen Announces Record Year - Company Solidifies Leadership Position, Secures Strategic Wins Over Competition
6. Cynosure Reports Record Revenues and Net Income for the Fourth Quarter of 2007
7. BioSpace Career Fair in San Diego Draws Record Number of Bioscience Candidates
8. Uroplasty Reports Record Sales for Third Fiscal Quarter and Nine Months Ended December 31, 2007
9. Bioponic Phytoceuticals Announces Record Sales Increase of 40% for the Month of January
10. Thermo Fisher Scientific Reports Record 2007 Fourth Quarter Revenues and Operating Performance; Provides Guidance for 2008
11. 2007 Another Record Year in Terms of Sales and Earnings for Gerresheimer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/30/2014)... 2014 BCC Research ( http://www.bccresearch.com ) ... Enzymes in Industrial Applications , the global market for ... billion by 2018, registering a five-year compound annual growth ... be recorded in the detergent enzyme segment with a ... technology has influenced almost every sector of industrial activity, ...
(Date:7/30/2014)... July 30, 2014  Dyadic International, Inc. ("Dyadic") ... patented and proprietary technologies are used to discover, ... for the bioenergy, bio-based chemical, biopharmaceutical and industrial ... "Tom" Dubinski as Vice President and Chief Financial ... financial and information technology operations for Dyadic and ...
(Date:7/30/2014)... July 30, 2014  RXi Pharmaceuticals Corporation ... company focused on discovering, developing and commercializing ... using RNA-targeted technologies, today announced that their ... for the reduction of recurrence of hypertrophic ... been initiated. Logo - ...
(Date:7/30/2014)... 2014 Adding to their already extensive ... special – Buy 2 of any Weighing Boats ... benefit lab technicians looking for durable and reliable weighing ... for multiple applications including weighing liquids, solid, or granulated ... including diamond-shaped, hexagonal, square, aluminum weighing, and standard boats. ...
Breaking Biology Technology:Global Market for Industrial Enzymes to Reach Nearly $7.1 Billion by 2018; Detergent Enzyme Market to Record Maximum Growth 2Global Market for Industrial Enzymes to Reach Nearly $7.1 Billion by 2018; Detergent Enzyme Market to Record Maximum Growth 3Thomas Dubinski joins Dyadic as Chief Financial Officer 2Thomas Dubinski joins Dyadic as Chief Financial Officer 3Thomas Dubinski joins Dyadic as Chief Financial Officer 4RXi Pharmaceuticals Expands Clinical Program with Initiation of Third Phase 2a Study with RXI-109 for Treatment of Hypertrophic Scars 2RXi Pharmaceuticals Expands Clinical Program with Initiation of Third Phase 2a Study with RXI-109 for Treatment of Hypertrophic Scars 3RXi Pharmaceuticals Expands Clinical Program with Initiation of Third Phase 2a Study with RXI-109 for Treatment of Hypertrophic Scars 4RXi Pharmaceuticals Expands Clinical Program with Initiation of Third Phase 2a Study with RXI-109 for Treatment of Hypertrophic Scars 5Weighing Boat Promotion Now Available at Pipette.com, Major Pipette Distributor 2
... (OTC.BB: FPMI), a biopharmaceutical company developing the ... of its official stock ticker symbol from CEWM to ... previously announced FluoroPharma Inc. merger with CEWM. ... biopharmaceutical company engaged in the discovery and development of ...
... N.C., June 3, 2011 Recent biopharmaceutical product launches ... the cardiovascular therapeutic area. Faced with a continually evolving ... the biggest role in the current launch environment. ... explores the pivotal success factors and failure points facing ...
... 3, 2011 LifeVantage Corporation (OTCBB: ... science-based therapy for the reduction of oxidative stress ... that a new peer-reviewed review article involving Protandim® ... Research .   (Logo:   http://photos.prnewswire.com/prnh/20090930/LIFEVANTAGELOGO ...
Cached Biology Technology:FluoroPharma Medical Announces Stock Ticker Symbol Change 2Creating a Road Map for Successful Cardiovascular New Product Launch 2LifeVantage's Nrf2 Activator Reviewed for Tumor Prevention and Suppression in New Peer-Reviewed Article 2LifeVantage's Nrf2 Activator Reviewed for Tumor Prevention and Suppression in New Peer-Reviewed Article 3LifeVantage's Nrf2 Activator Reviewed for Tumor Prevention and Suppression in New Peer-Reviewed Article 4LifeVantage's Nrf2 Activator Reviewed for Tumor Prevention and Suppression in New Peer-Reviewed Article 5
(Date:7/29/2014)... world of science, researchers sometimes need to get ... did just that to study the impacts of ... coral reef ecosystems at two remote locations in ... animal tracking and computer simulation, McCauley, an assistant ... Marine Biology, and his colleagues sought to understand ...
(Date:7/29/2014)... plays a major role in locomotion. Swimming microorganisms, such ... inertial forces compared to the viscous forces exerted by ... a major challenge. Now, scientists have found that the ... opposite to that induced by a viscoelastic fluid. These ... by Franois Nadal from the Alternative Energies and Atomic ...
(Date:7/29/2014)... on the remote UK overseas territory of Ascension Island, ... undergoing something of a renaissance. , Writing in the ... University of Exeter and Ascension Island Government Conservation Department ... the remote South Atlantic outpost has increased by more ... 1970s. As many as 24,000 nests are now estimated ...
Breaking Biology News(10 mins):Underwater elephants 2Underwater elephants 3Optimum inertial self-propulsion design for snowman-like nanorobot 2Major turtle nesting beaches protected in 1 of the UK's far flung overseas territories 2
... Efforts on the Growing Issue of Identity Management , ... WASHINGTON , July ... today announced that it has expanded its mission to focus on the ... biometric and other technologies play an increasingly important role, has been deemed ...
... Having discovered a dramatic increase of an easy-to-detect enzyme ... prediabetes, Johns Hopkins scientists say the discovery could lead to ... the disease, before symptoms or complications occur and in time ... 22 in Diabetes , show the enzyme O-GlcNAcase is ...
... 8, 2010 A new system for the controlled ... team of University of Rhode Island chemical engineers using ... by non-invasive electromagnetic fields. The discovery by URI ... Yanjing Chen was published in the June issue of ...
Cached Biology News:The International Biometrics & Identification Association (IBIA) Sets New Course to Benefit Consumers, Businesses and Governments Across the Globe 2The International Biometrics & Identification Association (IBIA) Sets New Course to Benefit Consumers, Businesses and Governments Across the Globe 3Hopkins team discovers sweet way to detect prediabetes 2Researchers develop drug delivery system using nanoparticles triggered by electromagnetic field 2
MMP-20 Immunogen: Activated recombinant human MMP-2 Storage: -20 C, Avoid Freeze/Thaw Cycles...
Rabbit anti-T-box 6...
Anti-Rsk2/MAPKAP Kinase 1b, #0 SK2/MAPKAP K1 beta Smartpool&t 3T3 cell lysate Non-specific Control Pool , #D 1X Universal Buffer...
...
Biology Products: