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Press Release dated May 14, 2008



aap Posts € 8.0 Million (+36%) in Sales and an EBIT of € 0.7 Million in First Quarter of 2008

aap Implantate AG, a medical technology company listed on the Frankfurt stock exchange and active in biomaterials, fracture healing and joint replacement, achieved in the first three months of fiscal 2008 sales growth of 36% to EUR 8.0 million (previous year: EUR 5.9 million) and an operating result of EUR 0.7 million (previous year: -EUR 0.1 million).

In EUR million

Q1/2008

Q1/2007

Change

Sales

8.0

5.9

+36%

EBITDA

1.5

0.4

+275%

EBIT

0.7

-0.1

n/a

EBT

0.5

-0.2

n/a

net period result

0.4

-0.1

n/a

Equity (ratio)

43.9 (63%)

43.4 (64%)

+1%

Balance Sheet Total

69.4

68.0

+2%

Employees

295

289

+2%



The aap group of companies earned EUR 1.5 million in EBITDA (previous year: EUR 0.4 million) in the first quarter of 2008. Group EBIT totaled EUR 0.7 million (previous year: -EUR 0.1 million) and EBT EUR 0.5 million (previous year: -EUR 0.2 million). On total assets of EUR 69.4 million (previous year: EUR 68.0 million) the equity ratio was 63%.

Sales growth was due mainly to the very pleasing business trend in the Trauma & Orthopaedics division, which boosts sales to both international distribution partners and to OEM customers by 146% to EUR 3.7 million.

For the full year 2008 aap anticipates group sales growth at the previous year’s level with sales up by at least 20% and an above-average earnings increase.




For further information, please contact:
aap Implantate AG
Lorenzweg 5
D-12099 Berlin
X
Oliver Bielenstein

Nanette Hüdepohl

Director/CFO

Head of Corporate Communications and Legal Affairs

Tel.: +49 30 750 19 - 140

Tel.: +49 30 75019 - 133

Fax: +49 30 750 19 - 290

Fax: +49 30 75019 - 290

X
WKN 506660, ISIN DE0005066609
Prime Standard/Regulated Market
Traded at all German Stock Exchanges


© 2010 aap Implantate AG


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