aap boosts Nine-Month Sales Revenue by 5 % to EUR 25.5 million

aap boosts Nine-Month Sales Revenue by 5 % to EUR 25.5 million

ID: 6681

(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ aap Implantate AG, a medical technology company listed in the PrimeStandard segment of the Frankfurt Stock Exchange, was able, accordingto interim figures, to boost sales revenue by 5 percent on the yearto EUR 25.5 million in the first nine months of its 2009 financialyear.By signing at the end of August, in addition to regular sales ofimplants and biomaterials, an exclusive license agreement worth EUR 3million on the use of intellectual property relating to a medicalaesthetics product and by selling a bone graft substitute patent inthe dental sector worth EUR 1 million, aap is able to report for thethird quarter of 2009 EUR 10.8 million, the highest quarterly salesfigure in its corporate history.Both transactions are designed to have not just a one-off effect butto generate further aap growth in the years ahead. By means of theirimmediate effect on the earnings position they and the results of thebiomaterials and implant business jointly underpin the EBITDAforecast of between EUR 5 million and EUR 7 million in fiscal 2009.Along with aap's focus on the Ortho/Trauma/Spine lines of businessand its consistent concentration on customers, costs and cash, bothof which have already achieved first pleasing results, enlargementand exploitation of the strategic IP portfolio is a further keyelement in the company's strategic alignment. Exploitation ofintellectual property mainly takes the form of joint research anddevelopment projects with global partner companies or licensing outthe resulting products. The Management Board also anticipates fromthis line of business positive contributions toward operating income.aap plans to publish its Q3 2009 report in full on November 6, 2009.-aap is a medical technology company that develops, manufactures andmarkets biomaterials and implants for trauma and orthopaedics. Itsproduct portfolio includes bone cements, bone graft substitutes,antibiotic carriers, and implants for fracture healing and jointreplacement. In addition to its Berlin HQ the Company has sites inDieburg and Obernburg near Frankfurt am Main and Nijmegen in theNetherlands. aap Implantate AG stock has been listed in the PrimeStandard segment of the Frankfurt Stock Exchange since May 16, 2003.For inquiries please contact:aap Implantate AG, Nanette Huedepohl, Head of CorporateCommunications, Lorenzweg 5, 12099 Berlin, Germany,Tel.: +49 30 7501 9133, fax: +49 30 7501 9290, n.huedepohl(at)aap.deFor more details please visit www.aap.de and www.aap-bioimplants.com --- End of Message ---aap Implantate AGLorenzweg 5 Berlin GermanyWKN: 506660; ISIN: DE0005066609; Index: CDAX, Prime All Share, TECH All Share;Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart, Regulierter Markt in Frankfurter Wertpapierbörse;



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Datum: 07.10.2009 - 13:52 Uhr
Sprache: Deutsch
News-ID 6681
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