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Cryo-Save Group N.V. - Storage results 2012


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-10 07:03:31 -

Cryo-Save Group N.V. (Euronext: CRYO, 'Cryo-Save', or 'the Group'), the
leading
international stem cell storage company and the largest family stem cell bank in
Europe, stored 35,100 new samples in 2012 (2011: 39,900 new samples).

Highlights:

  * 8,300 new samples stored in Q4 2012 (Q4 2011:10,300). Of these, 4,900 were
    new cord blood samples and 3,400 new cord tissue samples.
  * 35,100 new samples stored in 2012 (2011:39,900). Of these, 21,200 were new
    cord blood samples and 13,900 new cord tissue samples.
  * 239,000 samples have been stored in total at 31 December 2012.

Arnoud van Tulder, Chief Executive officer, commented:

"We are pleased to report a 35% storage growth in India compared to previous
year. This is 
an immediate result from measures we implemented in India. At this point in time this considerable growth in one of our very promising markets does not compensate the significant decline in Southern Europe, predominantly Spain. "We are convinced that 2013 will be a turn-around year to regain profitable growth, as we continue to implement measures that focus on our current markets and core services." Please click here for full press release in PDF: hugin.info/143308/R/1669320/542301.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Cryo-Save Group N.V. via Thomson Reuters ONE [HUG#1669320]


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