Navigation Links
Gerresheimer Achieves Solid Growth in Core Markets - Outlook Confirmed
Date:4/2/2009

DUSSELDORF, Germany, April 2 /PRNewswire-FirstCall/ -- In the first quarter of 2009 (December 2008 to February 2009) Gerresheimer AG maintained its total sales figure of EUR237.3m (Q1 2008: EUR239.1m) almost at the prior year level despite the difficult overall situation in the world economy. In the core business, however, sales by the MDAX company actually rose by 2.8 % to EUR228.7m

The operating result (adjusted EBITDA) fell in comparison with the prior year period from EUR43.0m to EUR38.3m. This is attributable to a slightly negative result in the segment of Technical Plastics and temporary capacity adjustments. The operating margin (adjusted EBITDA margin) of Gerresheimer AG came to 16.1 % for this period (Q1 2008: 18.0%), although in the core business it reached a solid 17.1 %. Adjusted net income for the Group in the first quarter of 2009 totaled EUR6.4m (Q1 2008: EUR9.9m).

Despite the difficult overall economic environment Gerres­heimer achieved profitable growth in its core markets in the first quarter. It is advantageous that the global pharma markets continue to be robust. "We still assume that we will achieve sales growth of 6% to 7% in the financial year 2009 with an adjusted EBITDA margin of 19.0% to 19.2% in our core business," says Dr. Axel Herberg, CEO of Gerres­heimer AG.

Further growth in the core markets of pharma & life science

Sales by the core businesses increased again in the first quarter of 2009. This development highlights the strategic importance of Gerresheimer's focus on the markets of pharma & life science. In the first quarter 2009, 78% of Gerresheimer's total sales were attribut­able to this market segment. In contrast, sales for the Technical Plastics business, which is up for sale, halved in the first quarter to EUR8.6m.

In the first quarter of 2009 some customers in the pharma & life science industry reduced their i
'/>"/>

SOURCE Gerresheimer AG
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Gerresheimer Continues Expansion Course
2. Blackstone Sells Gerresheimer Stake
3. Standard & Poors Raises Gerresheimer Rating to BB+
4. Gerresheimer Starts the Year Successfully in 2008
5. Gerhard Schulze New Chairman of the Supervisory Board of Gerresheimer AG
6. Gerresheimer Finalises Purchase of Spanish Company EDP
7. Gerresheimer Expands its Pharmaceutical Plastic Operations Into Southern Europe and South America
8. Linnartz New Head of Investor Relations of Gerresheimer
9. Growth Trend for Gerresheimer Continues Unabated - Debt Reduction
10. Gerresheimer to be Included in the SDAX Early Decision on Inclusion in the MDAX on September 5, 2007
11. Peregrine Pharmaceuticals Bavituximab Achieves Primary Endpoint in First Stage of Phase II Breast Cancer Study
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/3/2015)... (PRWEB) June 03, 2015 Fourroux Prosthetics, ... Duluth, GA will celebrate its grand opening with a ... The first prosthetic center of its kind in the ... family unmatched care and outcomes through use of patented ... CPO & CEO of Fourroux Prosthetics, states, “Our goal ...
(Date:6/3/2015)... Minneapolis, MN (PRWEB) June 03, 2015 ... new wellness "events" programming module. With this highly ... up, run and report on many components of its ... service at no additional charge. , With this new ... (1) Integrate DE challenges, (2) Create participant surveys, (3) ...
(Date:6/3/2015)... On May 29, 2015, Health Canada announced ... which now permits the use of gluten-free claims for ... The MA is a prelude to an official regulatory ... aware that, unlike the unlimited use of oats in ... for gluten-free oat products sold in Canada. , ...
(Date:6/3/2015)... (PRWEB) June 03, 2015 Come on ... Relay , a 200-mile overnight relay beginning in Madison, ... Illinois on Saturday, June 13th. , For the 4th ... the Brainstormers will run to raise money for the ... of different members of the Neurosurgery staff from The ...
(Date:6/3/2015)... (PRWEB) June 03, 2015 evigilo, ... mass-notification, multi-channel solutions, reported of its "behind-the-scenes" involvement ... past few months. Since March this year, an ... been inflicting the South-American country, putting millions in ... and gas into the atmosphere. "evigilo's technology, adopted ...
Breaking Medicine News(10 mins):Health News:Fourroux Prosthetics Atlanta to Have Grand Opening Gala & Ribbon Cutting Ceremony 2Health News:DailyEndorphin Launches Wellness "Events" Portal 2Health News:Health Canada Allows For Conditional Use Of Gluten-Free Oats 2Health News:Health Canada Allows For Conditional Use Of Gluten-Free Oats 3Health News:4th Annual Ragnar Relay from Madison, WI to Chicago, IL Once Again Benefits Renowned Brain Aneurysm Foundation 2Health News:Thousands of Lives Saved, Millions Protected in Chile 2
... in a woman over the world with over million new ... early puberty, late menopause, and genetic mutations can be risk ... University Hospital in Brussels, states that younger woman have poorer ... are older than 45 yrs of age. According to researchers ...
... reports from government health officials and the World Health Organization, ... She is the virus’ first human victim, in a year ... Mon Puthy, had been in close proximity with sick and ... 40 miles west of Phnom Penh. According to WHO spokeswoman ...
... attempted to introduce a new mental health law after Michael ... her daughter Megan Russell// in 1998. ,Although Stone ... be detained under the existing Mental Health Act because his ... of the proposed new bill was to redefine ‘treatable conditions’ ...
... substantiated in yesterday’s ruling by the Sheriff, confirming the inadequacy ... suffered a large abscess. According to the sheriff’s ruling, the ... specialist. The hospital had failed in their duty to guide ... revealed that due to negligence of the staff at St ...
... of Rochester Medical Center have found that teenagers who have ... tried cocaine and 15 times more likely to have // ... products. ,"The study points to the ... teens are using herbal remedies and from there probe deeper ...
... to talk with their children about sex, said US scientists.// ... nine-month public awareness campaign on billboards, radio and television in ... sex. Everyone else is." ,Results of a telephone ... influenced them to talk to their children about sexual issues, ...
Cached Medicine News:Health News:Breast Cancer More Serious For Younger Patients 2Health News:New Twist To The Mental Health Law 2Health News:Using Herbal Products Heightens Substance Abuse Risk in Teens 2
(Date:6/3/2015)... DALLAS , June 3, 2015 ... report "Interventional Cardiology & Peripheral Vascular Devices Market ... Angiography Catheters, EVAR Stent Grafts, IVC Filters, Stents, ... by MarketsandMarkets, the Interventional Cardiology and Peripheral Vascular ... Billion by 2019 with a CAGR of 7.4% ...
(Date:6/3/2015)... June 3, 2015  SurgiQuest®, Inc. ("SurgiQuest", the ... for minimally invasive surgery (MIS) announced today that ... over 250,000 procedures.  Adoption has risen rapidly with ... year, driven by the company,s expansion from robotics ... geographic expansion to over 45 countries.   ...
(Date:6/3/2015)... , June 3, 2015 PillPack, the ... completed a $50 million round of financing led by ... Ventures, and Sherpa Ventures. The capital will be used ... team, and build retail pharmacies in US markets. ... launched a better, simpler pharmacy experience that folks absolutely ...
Breaking Medicine Technology:The Interventional Cardiology and Peripheral Vascular Devices Market Worth $26.72 Billion by 2019 2The Interventional Cardiology and Peripheral Vascular Devices Market Worth $26.72 Billion by 2019 3The Interventional Cardiology and Peripheral Vascular Devices Market Worth $26.72 Billion by 2019 4Rapid Procedure Growth With SurgiQuest's AirSeal System 2PillPack Raises $50 Million to Build Retail Footprint and Accelerate Growth 2PillPack Raises $50 Million to Build Retail Footprint and Accelerate Growth 3
... The U.S. Food and Drug Administration is warning consumers again ... King International and sold by various companies, due to serious ... Shoulder Flex Massager is a personal massage device sold ... intended to provide users with a deep tissue massage to ...
... Pharmaceuticals, Inc. (Nasdaq: AMPE)("Ampio" or the "Company"), a company ... drugs and new molecular entities ("NMEs"), announced today that ... to sell an aggregate approximately 2,220,255 of shares of ... "Shares"), at a price per share of $4.25 in ...
Cached Medicine Technology:FDA: Do Not Use ShoulderFlex Massagers 2FDA: Do Not Use ShoulderFlex Massagers 3Ampio Pharmaceuticals Announces Registered Direct Common Stock Offering of Approximately $9.436 Million 2Ampio Pharmaceuticals Announces Registered Direct Common Stock Offering of Approximately $9.436 Million 3
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: