MeVis Medical Solutions AG Reports Earnings Results for the Year 2016; Provides Earnings Guidance for the Year 2017
January 23, 2017 at 02:30 pm IST
MeVis Medical Solutions AG reported earnings results for the year 2016. For the year, the company's revenue of EUR 12.1 million, were almost exactly 9/12 of previous year's revenues of EUR 16.0 million, which were generated in twelve months. EBIT was EUR 3.9 million compared to EUR 4.5 million in twelve months in 2015, corresponding to an increase in the EBIT margin from 28% to 32%. After-tax earnings amounted to EUR 3.4 million in the reporting period compared to EUR 6.7 million a year ago.
For the year 2017, the company expects an increase in revenues to EUR 16.5 million to EUR 17.0 million, as well as a stable EBIT between EUR 4.5 million and EUR 5.0 million.