Eckert & Ziegler with Successful First Half of 2022

The Isotope Products segment generated sales of EUR 68.2 million, an increase of EUR 17.9 million (36%) compared with the first six months of 2021. Almost all main product groups contributed to this good performance, in particular the industrial components and recycling business. Around EUR 4.7 million of the increase was due to the acquisition of the Argentine company Tecnonuclear SA. EUR 3.7 million was due to a favorable US dollar exchange rate.

In the first half of the year, revenue in the Medical segment was at the previous year’s level of EUR 41.7 million. However, considering the loss of sales of EUR 1.1 million due to the deconsolidation of the tumor irradiation device business, the level of sales increased slightly compared to the previous year.

The results for the first half of the year are in line with the expectations of the Management Board. For the financial year 2022, the Management Board expects sales of around EUR 200 million and net income of around EUR 27 million. This forecast is subject to the assumption that developments in Ukraine do not result in any major disruptions.

The complete quarterly report can be viewed here: https://www.ezag.com/fileadmin/user_upload/ezag/investors-financial-reports/englisch/euz222e.pdf