PULSION Medical Systems AG, a life sciences corporation listed on the Prime Standard in Frankfurt that specializes in intelligent medical diagnosis and therapy systems, held its annual shareholders' meeting for the financial year 2007 in Munich today. Approximately 61.9% of the share capital was present. All motions were approved by majorities beyond 99%.
The management board presented in its report to the shareholders the successful development of the company for the previous financial year and explained the company's strategy to improve market penetration of the PULSION product lines - particularly in the USA. Furthermore a summary of the necessary changes to the sales and marketing structure to further speed up the growth in the coming years was given. Despite of the moderate EBIT growth of 7% in the first three months, the forecast for 2008 of at least EUR 5.1 million has been confirmed.
"In 2007, we showed once again good progress with our business model and lifted profitability to a competitive level. We are going to bring our organization into alignment for a successful future", said Bradley P. Gould, CEO of PULSION.
The presentation of the management board as well as additional information concerning the annual shareholders' meeting is available on the company's website.
The management board presented in its report to the shareholders the successful development of the company for the previous financial year and explained the company's strategy to improve market penetration of the PULSION product lines - particularly in the USA. Furthermore a summary of the necessary changes to the sales and marketing structure to further speed up the growth in the coming years was given. Despite of the moderate EBIT growth of 7% in the first three months, the forecast for 2008 of at least EUR 5.1 million has been confirmed.
"In 2007, we showed once again good progress with our business model and lifted profitability to a competitive level. We are going to bring our organization into alignment for a successful future", said Bradley P. Gould, CEO of PULSION.
The presentation of the management board as well as additional information concerning the annual shareholders' meeting is available on the company's website.
