MeVis Medical Solutions AG reported consolidated earnings results for the first quarter of 2013. The company reported sales in the first quarter of 2013 came to EUR 3,318,000 down 9% compared to EUR 3,637,000 in the first quarter of 2012. After depreciation and amortization of EUR 495,000 (44% down year on year), and due to the ongoing cost-cutting measures, EBIT (earnings before interest and taxes) could be improved considerably to EUR 806,000 (up a significant 30% on the prior-year figure of EUR 622,000). Pre-tax earnings were EUR 908,000 compared to EUR 532,000 a year ago. Earnings per share were amount to EUR 0.47 compared to EUR 0.06 a year ago.

The company expected sales in 2013 to be down slightly on the 2012 fiscal year. The company expects EBIT to decline slightly in 2013. The company expected a positive cash flow again in 2013, where in addition to the ongoing business the reduction in trade receivables should make a significant contribution.