VITA 34 International AG: Positive Results in Q2 2009
EBIT at EUR 16k plus following EUR 0.8 million loss / Revenues in Q2 slightly above last year / 2009 annual targets confirmed
Revenues increased in Q2 2009 to EUR 3.6 million, and were, therefore, slightly higher that the corresponding quarter the year before. In the first half of 2009 revenues were EUR 7.0 million, following EUR 7.2 million in the first half year of 2008. The equity ratio of some 61 percent was slightly higher than the 60 percent reported as of December 31, 2008.
Thanks to the developments of the first half-year, VITA 34 believes it is fully on track for the entire year 2009. The goal is to achieve at least a black zero with regard to EBIT.
This Tuesday at 11:30 AM VITA 34 will be holding a telephone conference for analysts and the media to explain additional details on the development of business. Those interested in participating can obtain the required access data from edicto GmbH at Tel. +49 (069) 905505-53 or from email@example.com.
The complete quarterly report is available for download at www.vita34.de in the Investor Relations Section.