announces preliminary financials for 2020 with 8.6% revenues growth and modest adj. EBIT improvement year over year; adj. EBIT break-even target updated to full year 2022; further cost measures to be executed

• Preliminary revenues of EUR 76.1 million for continued operations in 2020 which equals +8.6% growth year over year (slightly below double-digit revenue growth target)
• 2020 target of modest adj. EBIT improvement year over year reached based on preliminary financials
• Adj. EBIT break-even target early 2021 cannot not be reached as growth in China takes longer; adj. EBIT break-even targeted for full year 2022
• Further cost-efficiency measures to be implemented in 2021
• Cash and cash equivalents EUR 8.5 million as of December 31, 2020

Munich, Feb