lifePR
Pressemitteilung BoxID: 643983 (aap Implantate AG)
  • aap Implantate AG
  • Lorenzweg 5
  • 12099 Berlin
  • http://www.aap.de
  • Ansprechpartner
  • Fabian Franke
  • +49 (30) 75019-134

Sales by KEUR 514 and EBITDA by KEUR 450 slightly below guidance for financial year 2016 due to failure of distributor to fulfil contractual duties

(lifePR) (Berlin, ) aap Implantate AG ("aap") announces that in course of drawing up the annual financial statements for 2016 the Management Board decided as a precautionary measure to revoke an initial sale with a distribution partner invoiced in the financial year. The reason is a delayed payment of the contractual due purchase price. Rescission of the initial business results in a reduction in sales in the financial year 2016 by KEUR 757. In the continued operation in financial year 2016 sales are at EUR 10.5 million and EBITDA at EUR -7.9 million and thereby slightly below the current guidance.