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Eckert & Ziegler Achieves Significant Growth in First Half of 2024

Stock price chart of Eckert & Ziegler Strahlen- Und Medizintechnik AG (EBR:EUZ) showing fluctuations.

Berlin, 9 August 2024. Eckert & Ziegler SE reported a notable increase in sales and earnings for the first half of 2024. Sales surged by 23% to €145.4 million compared to the same period last year. EBIT before special items grew to €32.5 million, while net profit rose 65% to €18.0 million.

The Medical segment experienced a 32% increase in sales, reaching €69.7 million, driven by pharmaceutical radioisotopes and plant engineering. The Isotope Products segment also saw a rise in sales, totaling €75.7 million, benefiting from shifts towards higher-margin products.

The company confirmed its forecast for 2024, projecting sales close to €265 million and an adjusted EBIT of around €55 million.

R. P.

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