Eckert & Ziegler continues record course

Fueled by sales growth in its Nuclear Imaging segment, radiation therapy and radiopharmaceutical developer Eckert & Ziegler Strahlen-und Medizintechnik set new sales records at the six-month mark of 2009 (end-June 30).

Sales climbed to 52 million euros ($72.8 million U.S.) in the six-month period, compared with 32 million euros ($44.8 million U.S.) for the same period of 2008. The group's profit more than doubled to 4 million euros ($5.6 million U.S.) compared to the same period a year ago.

Six-month sales advanced to 26.3 million euros ($36.8 million U.S.), compared with 14.4 million euros ($20.1 million U.S.) at the midway mark of 2008. The segment's six-month profit increased to 3.2 million euros ($4.5 million U.S.), compared with 2.3 million euros ($3.2 million U.S.) in the same period a year ago. The company's year-to-date numbers were lifted by the acquisition of Nuclitec in January.

Eckert & Ziegler also noted that its Radiopharmaceuticals segment posted a six-month profit of 200,000 euros ($280,000 U.S.), despite launch costs for new products. In addition, revenue in the Therapy Segment unit rose 41%, driven primarily by the doubling of afterloader sales in Eastern Europe, compared to the same period of 2008.

Related Reading

Eckert & Ziegler acquires Nuclitec, January 26, 2009

Eckert & Ziegler, IBt consolidate brachytherapy units, February 19, 2008

Eckert & Ziegler launch new gallium generator, November 13, 2007

Eckert & Ziegler ends deal with RadQual, March 15, 2007

Eckert & Ziegler notch Venezuelan order, January 4, 2007

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