Positive mid-year balance for 2017

»» 15 million euros turnover for the group in the first half of the year

»» Integration of KAPITEX successfully completed

»» Management team strategically expanded

TRACOE continues its success story, recording a positive balance for the first half of 2017. With a mid-year turnover totalling 15 million euros, the parent company, XTR Group GmbH, which, in addition to TRACOE medical, also owns KAPITEX Healthcare Ltd, United Kingdom, acquired in 2016, achieved a significant increase compared to the previous year. In 2016, the group generated 26.8 million euros over the entire year. With a turnover of approx. 10.6 million euros as at 30 June 2017, TRACOE medical is right on target. With the already largely completed integration of KAPITEX and significant strategic personnel changes at management level, the company laid the foundation for further growth in these first two quarters of the year. Stephan Köhler, managing director of TRACOE medical stated: „We are growing in an intensely competitive market environment and have been able to take important strategic steps for our further development and will continue to consistently pursue this course in the second half of the year as well“.

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