PRESS RELEASE: H1-results: EBITDA +20% and very successful Trauma sales growth of 68%

aap Implantate AG / H1-results: EBITDA +20% and very successful Trauma sales growth of 68% . Ad hoc announcement according to -- 15 WpHG. Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

aap Implantate AG (XETRA: AAQ.DE) achieved sales growth to EUR 19.6 million in the first half of 2013 (previous year: EUR 18.9 million) with EBITDA at EUR 4.2 million (previous year: EUR 3.5 million), which was a 20% increase on the previous year. Group EBIT was EUR 2.6 million (previous year: EUR 2.0 million). The aggregated effects of the ongoing focus strategy implementation are best indicated by the Cash-EBT performance indicator (EBT excluding capitalised development work and depreciation thereof). Cash-EBT was more than twice the previous year's figure.

In EUR million H1/2013 H1/2012 Change on year Sales 19.6 18.9 4% EBITDA 4.2 3.5 20% EBIT 2.6 2.0 34% Cash-EBITDA 3.2 2.1 50% Cash-EBIT 2.3 1.2 86% Cash-EBT 2.2 0.9 >100%

Second quarter sales 2013 rose slightly to EUR 9.2 million (previous year: EUR 9.0 million). EBITDA fell to EUR 1.1 million (previous year: EUR 1.4 million, due to the temporary decline in Biomaterials sales.

In EUR million Q2/2013 Q2/2012 Change on year Sales 9.2 9.0 3% EBITDA 1.1 1.4 -22% EBIT 0.3 0.7 -49% Cash-EBITDA 0.7 0.6 3% Cash-EBIT 0.2 0.2 15% Cash-EBT 0.2 0.04 >100%

In the second quarter of 2013 we made progress in several areas that reflect our ongoing focus strategy:

- Trauma sales growth to EUR 2.8 million (+155%; previous year: EUR 1.1 million) and to EUR 4.2 million in the first six month (+68%; previous year: EUR 2.5 million)

- Continued focus through sale of 2/3 of the shares in aap Joints GmbH, which holds the Recon-product line (hip, knee and shoulder) for EUR 3.0 million

-- Operational cash flow EUR 4.1 million in the second quarter (previous year: EUR 3.6 million)

- Reduction in net debt (interest-bearing) by EUR 5.8 million since march 2013 from EUR +5.6 million to EUR -0.2 million

-- Improvement in the working capital ratio from 1.8 (31.03.2013) to 2.6

-- Decrease of intangible assets by EUR 3.0 million in the balance sheet results in a percentage reduction (as of the balance sheet total) from 57% (31.12.2012) to 55%

Sales growth in the second quarter of 2013 was achieved mainly in Trauma. OEM sales of bone cement and cementing techniques were slightly down in the second quarter, but that was offset by the strong growth in LOQTEQ(R) sales and sales of other biomaterials.

Outlook for 2013

Our focus for the remainder of the year will be largely on the Trauma sector, and especially on the LOQTEQ(R) family of products. The slightly negative effect on sales of the sale of aap Joints GmbH might be partly offset by further growth in sales of other product lines. We expect bone cement deliveries to OEMs to improve in the second half of 2013, although full recovery may in part be delayed until the fourth quarter.

For the full financial year 2013 the Company thus reaffirms its sales growth forecast of around 10% to EUR 40 million (previous year: EUR 36.4 million) and its EBITDA growth forecast of 15% to EUR 7.0 million.

The forecast for the third quarter 2013:

- Sales: EUR 8.6 to 9.0 million (previous year: EUR 8.6 million)

-- EBITDA: EUR 0.5 to 0.8 million (previous year: EUR 1.2 million)

To further accelerate the transformation of aap Implantate AG into an international Trauma-company, aap currently evaluates the role of EMCM as part of the business portfolio.

aap Implantate AG's full second quarter 2013 report is available for you to download at www.aap.de.

This release contains forward-looking statements based on current experience, estimates and projections of the management board and currently available information. They are not guarantees of future performance. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Many factors could cause the actual results, performance or achievements of aap to be materially different from those that may be expressed or implied by such statements. These factors include those discussed in aap's public reports. Forward-looking statements therefore speak only as of the date they are made. aap does not assume any obligation to update the forward-looking statements contained in this release or to conform them to future events or developments.

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aap Implantate AG (ISIN DE0005066609)

- Prime Standard/Regulated Market - All German stock markets -

aap is a global medical device company headquartered in Berlin, Germany that develops, manufactures and markets innovative biomaterials and implants that are used in orthopedic procedures. The Company's products, which include a full line of plating systems, cannulated screws and bone cement products, are primarily used in the orthopedic specialty areas of trauma and spine repair. The Company's products are sold through its direct sales force, distribution partners and license agreements with OEM partners. aap's stock is listed in the Prime Standard segment of the Frankfurt Stock Exchange. For more information, please visit www.aap.de, or download the Company's investor relations app from the Apple's App Store or Google Play.

For inquiries please contact:

aap Implantate AG, Marc Heydrich, Investor Relations, Lorenzweg 5, 12099 Berlin, Germany

Tel.: +49 30 7501 9-134, fax: +49 30 7501 9-290, m.heydrich@aap.de

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information contained therein.

Source: aap Implantate AG via Thomson Reuters ONE

HUG#1722866

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aap Implantate AG

Lorenzweg 5 Berlin Germany

WKN: 506660;ISIN: DE0005066609;

Listed: Freiverkehr in Börse Stuttgart,

Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,

Freiverkehr in Börse Berlin,

Freiverkehr in Börse Düsseldorf,

Freiverkehr in Bayerische Börse München,

Freiverkehr in Niedersächsische Börse zu Hannover,

Prime Standard in Frankfurter Wertpapierbörse,

Regulierter Markt in Frankfurter Wertpapierbörse;

www.aap.de (END) Dow Jones Newswires

   August 14, 2013 03:06 ET (07:06 GMT)- - 03 06 AM EDT 08-14-13