Investor va-Q-tec is still on a successful course after its IPO in 2016

Investor va-Q-Tec continues on its successful course after its IPO in 2016. The very good business development in 2016 is reflected in positive financial figures, further strong revenue and earnings growth is expected for 2017. va-Q-tec confirms positive financial figures for 2016: Revenues in 2016 increased by 58% to EUR 35.5 million, adjusted EBITDA grows disproportionately by 90% to EUR 7.0 million

• Revenue 2016: EUR 35.5 million compared with EUR 22.5 million in 2015 (+ 58%)
• Adjusted EBITDA 2016: EUR 7.0 million compared to EUR 3.7 million in 2015 (+ 90%); improvement of the adjusted EBITDA margin from 12% to 16% in 2016
• IPO in September 2016 lays foundation for further growth
• Original expectations for sales and adjusted EBITDA significantly exceeded
• Growth was driven by strong product, system and service business
• Further strong revenue growth of 30 – 40% expected for 2017