ESPERITE (ESP) Q1 consolidated revenue higher compared to budget
(Thomson Reuters ONE) -
EBITDA improved compared to budget as a result of cost control
Zutphen, the Netherlands - 31 May 2017
Market Update Q1 2017
The Q1 actual consolidated revenue of Esperite was higher compared to budget.
EBITDA for the same period also improved compared to budget as a result of cost
control.
CryoSave revenue was 6% higher compared to budget mainly due to changed country
mix. The number of samples stored was in line with budget and the average price
was higher compared to budget. Operating expenses were much lower compared to
budget. As a result EBITDA for CryoSave sharply improved compared to budget.
Genoma sales were 12% higher compared to budget. However the margin was lower
compared to budget due to higher cost of sales. Operating expenses were in line
with budget. As a result EBITDA for Genoma was lower compared to budget.
The executive management of Esperite N.V. has a firm believe that the recent
liquidation affecting one of its subsidiaries, Genoma SA, will not affect the
ability of the Group to continue its predictive medicine activities and expects
that the consequences for the business will be limited.
About ESPERITE
ESPERITE Group (www.esperite.com), listed at Euronext Amsterdam and Paris
(ticker: ESP), established in 2000, is the leading international company in
regenerative and predictive medicine, operational in almost 40 countries with a
network of 6'000 clinics worldwide. ESPERITE serves clients in its state-of-the-
art lab facilities in Switzerland, Belgium, Germany, Dubai, South Africa and
Portugal.
To learn more about the ESPERITE Group, or to book an interview with CEO Mr.
Frédéric Amar: +31 575 548 998 - ir(at)esperite.com or visit the website at
www.esperite.com.
This press release contains inside information as referred to in article 7
paragraph 1 of Regulation (EU) 596/2014 (Market Abuse Regulation)
Q1 2017 trading update:
http://hugin.info/143308/R/2108721/801423.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Esperite N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2017 - 07:57 Uhr
Sprache: Deutsch
News-ID 545384
Anzahl Zeichen: 2620
contact information:
Town:
Zutphen
Kategorie:
Business News
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