- Revenues at € 4.2 million 2 % below previous year's level
- EBIT of € 2.0 million at previous year's level (47 % margin)
- Profit after tax of € 2.6 million (compared to € 1.5 million in the previous year)
Bremen, February 26, 2019 - MeVis Medical Solutions AG [ISIN: DE000A0LBFE4], a leading provider of medical imaging software, announces the results for the first quarter of fiscal year 2018/2019 (reporting period October 1 to December 31, 2018).
Sales in the first quarter of fiscal year 2018/2019 came to € 4,211 k, about 2 % below the previous year (€ 4,283 k). In the first quarter, the license business increased by 9 % to € 1,179 k (prev. year: € 1,086 k) and the maintenance business decreased by 1 % to € 1,749 k (prev. year: € 1,763 k) compared to the same period of the previous year. The service business decreased by 11 % from € 1,434 k in the previous year's period to € 1,283 k. First quarter revenues of € 4,211 k (prev. year: € 4,283 k) were attributable to the Digital Mammography segment with € 2,389 k (prev. year: € 3,003 k), Development Services with € 1,063 k (prev. year: € 450 k) and Other Operating Activities with € 759 k (prev. year: € 830 k). With a share of 57 % (prev. year: 70 %), the Digital Mammography segment continued to be the main source of revenues.
Earnings before financial result and taxes (EBIT) amounted to € 1,984 k in the reporting period (prev. year: € 1,954 k). The EBIT margin increased slightly to 47 % compared to a previous year value of 46 %.
The financial result improved significantly in the period under review to € 661 k (prev. year: € -406 k). The increase compared to the previous year is mainly due to the development of the balance of income and expenses from exchange rate differences amounting to € 622 k (prev. year: € -445 k).
Net profit after taxes amounted to € 2,645 k (prev. year: € 1,547 k), corresponding to undiluted earnings per share of € 1.45 (prev. year: € 0.85).
The Annual General Meeting of MeVis Medical Solutions AG will be held on March 21, 2019. The interim report for the first half of fiscal year 2018/2019 will be published on May 23, 2019.