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BRAIN AG achieves significant growth in the first half of the 2018/19 financial year

B.R.A.I.N. Biotechnology Research and Information Network AG (BRAIN AG, ISIN DE0005203947 / WKN 520394) today announced its results for the first half of financial year 2018/19. Accordingly, the BRAIN Group generated Group revenues of € 18.5 million in the reporting period from 1 October 2018 to 31 March 2019, compared with € 10.7 million in the same period of the previous year. Group revenues were thus 73% higher than in the previous year. At the same time, total operating performance improved by 60.7% from € 12.3 million to € 19.8 million.

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BRAIN AG starts the 2018/19 financial year with a strong first quarter

B.R.A.I.N. Biotechnology Research and Information Network AG (BRAIN AG, ISIN DE0005203947 / WKN 520394) today announced its results for the first quarter of the financial year 2018/19. Accordingly, the BRAIN Group’s total operating performance was € 9.9 million in the reporting period from 1 October 2018 to 31 December 2018, compared with € 6.0 million in the same period of the previous year. The total operating performance is thus 63.7% above the previous year’s level. At the same time, Group revenues rose by 78.7% from € 5.3 million to € 9.4 million. Adjusted EBITDA also improved significantly by € 1.3 million to € 0.0 million.

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