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DGAP-News: Biotest AG: Biotest increases operating result by EUR 20 million in 2018

DGAP-News: Biotest AG / Key word(s): Preliminary Results


Biotest AG: Biotest increases operating result by EUR 20 million in 2018


07.03.2019 / 09:00



The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Biotest increases operating result by EUR 20 million in 2018

- EBIT rises to EUR 10.6 million

- Sales grow by 5.9% to EUR 400.3 million

- Biotest meets sales and EBIT forecast


Dreieich, 07 March 2019. According to preliminary and unaudited figures, the Biotest Group increased sales in its continuing operations to EUR 400.3 million in the 2018 financial year. This corresponds to an increase of 5.9% over the previous year (EUR 378.1 million).

EBIT from continuing operations amounted to EUR 10.6 million in 2018 despite expenses of more than EUR 50 million for the "Biotest Next Level" expansion project. The previous year's EBIT in the amount of -9.3 million was burdened by the recall of a drug.
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