DGAP-News: PULSION Medical Systems AG expects third-quarter jump in profits

PULSION Medical Systems AG / Preliminary Results/Preliminary Results

22.10.2009 

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- Sales revenue on disposables up by 11% 
- EBIT & EBIT margin rise significantly
- Concerted effort and cooperative team spirit within the new management
are rewarded


Munich, 22 October 2009 - PULSION Medical Systems AG has seen definite
signs of an upward trend in the third quarter 2009. The Munich
manufacturer, which specializes in intelligent medical diagnosis and
therapy management systems, forecasts that third-quarter sale revenue from
disposables business - which is particularly important for earnings - will
be 11% up on the previous year (Q3 2008: EUR 4.0 million), well ahead of
the company's previous forecast.

As well as improvements in sales revenue, there have also been improvements
in terms of cost structure and cost of sales. The EBIT margin for the third
quarter is therefore likely to rise to between 12% and 15% (2008: negative
EBIT margin of 3%) and thus be brought back close to the target corridor of
15% - 20%. Third-quarter earnings will be clearly positive (Q3 2008: loss
of EUR 0.2 million) and, compared to the previous year, the cash situation
will improve significantly (Q3 2008: EUR 3.6 million).

These improvements have been achieved, on the one hand, as a result of the
structural changes introduced throughout the company, and, on the other,
thanks to the constructive attitude towards team work demonstrated by the
new management team which first came together in its current constellation
in May 2009. Pulsion's CFO, Frank Posnanski, commented as follows:
'Developments in recent months reinforce the positive forecast of EUR 2.3
million EBIT for the full year which might even be exceeded. The third
quarter 2009 has been one of the best quarters in PULSION's recent history.
We have made quite considerable progress since setting the business in a
new direction'. PULSION will publish finalized figures for the third
quarter 2009 on November 11, 2009. It will also be making a company
presentation at the Frankfurt Stock Exchange Equity Forum (Frankfurt
Exhibition Centre, 11 November 2009, 12:00, room: Zurich).


22.10.2009  |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|]

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Language:     English
Company:      PULSION Medical Systems AG
              Joseph-Wild-Strasse 20
              81829 München
              Deutschland
Phone:        +49 (0)89 4599 14-0
Fax:          +49 (0)89 4599 14-18
E-mail:       info@pulsion.com
Internet:     www.pulsion.com
ISIN:         DE0005487904
WKN:          548790
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Düsseldorf, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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