Underlying EBITDA for the division also rose overproportionately
with respect to sales, by 36.
The gain in profit was even stronger than in sales revenue: Operating earnings* rose overproportionately again in the first quarter and, at 22.
In view of earnings, the Biotechnology Division succeeded again in overproportionately increasing its profit compared with sales revenue.
Moreover, the discussion about the overproportionately
high crime rate among foreigners in Germany contributed to an emotionally heightened atmosphere.
AA, on the other hand, reached and is still reaching(5), the middle class, and overproportionately
females and Protestants.
Outlook For the last three months of the current fiscal year, company management expects the Biotechnology Division's revenue to increase and its earnings to rise overproportionately
relative to the fourth quarter in 2008.
In view of the positive development of first-half business in the Biotechnology Division, company management continues to project that for this division, sales revenue will grow and earnings will increase overproportionately
in fiscal 2009.
The orders received and the further ones expected will likely add more than one percentage point to Sartorius Stedim Biotech's annual sales and contribute overproportionately
to its profit.