The medical and safety technology group Drägerwerk has jumped in sales in the second quarter thanks to better delivery capabilities and made operational profits again.
Currency-adjusted revenue rose by more than a fifth to around 771 million euros compared to the same period last year, as the company Drägerwerk, which is listed in the SDAX small-cap index, surprisingly announced on Friday evening in Lübeck. In terms of earnings before interest and taxes (EBIT), Drägerwerk was back in the black: for the second quarter, operating profit totaled around 19 million euros after an operating loss of 76.6 million euros in the same period of the previous year.
Management intends to present the full results on July 27th. In an initial reaction, Drägerwerk shares rose by 1.4 percent in after-hours trading on the Tradegate platform compared to the closing price in the main Xetra business.
LÜBECK (dpa-AFX)
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