DGAP-News: Vita 34 AG / Key word(s): Half Year Results/Half Year ReportVita 34 records moderate upward trend in the second quarter 30.08.2022 / 19:20 CET/CESTThe issuer is solely responsible for the content of this announcement. Vita 34 records moderate upward trend in the second quarter Leipzig, 30 August 2022 - Vita 34 AG (ISIN: DE000A0BL849; WKN: A0BL84), the leading cell bank in Europe and the third largest in the world, was able to benefit from a moderate upward trend in the further course of the first half of the year after an overall weaker start to the year. Although overall business development still falls short of potential, the company anticipates an improvement in the situation in the second half of the year. As in the first quarter, revenues of EUR 32.1 million in the first six months were around three times as high as in the same period of the previous year (H1 2021: EUR 10.5 million) as a result of the merger with PBKM FamiCord. The reasons for the overall nevertheless restrained business development lie in a clearly perceptible decline in demand from new customers.
Recent Comments