Press releases
Innovation: combining the advantages of meshes and surgical sutures (07/14/2022)
pfm medical ag is expanding its product portfolio to include DURAMESH™ Suturable Mesh. This innovative suturable mesh combines the advantages of mesh reconstruction with the accurate placement of surgical sutures for the first time. DURAMESH™ can replace surgical sutures when high forces need to be transferred. While meshes have the advantage of distributing forces over a large area and transferring the associated high forces, sutures have the…
Financial performance in 2021: Core business sees continued growth despite Covid restrictions (07/13/2022)
The 2021 reporting period was again dominated by the Covid-19 pandemic and the associated restrictions. This had varying effects on the individual companies of the pfmmedical group. While pfm medical tpm gmbh was severely impacted by the measures, revenue in China actually exceeded expectations by growing almost 40 per cent on the previous year. Overall revenue grew by EUR 7.9 m (+6.6 per cent), without accounting for the one-off additional…
pfm medical reports an extraordinary fiscal year 2020: Revenues and profit both up (07/20/2021)
In the 2020 reporting period, the pfm medical group raised its revenues by kEUR 19,839 to EUR 135.3 million, an increase of 17.2 percent. EBIT also enjoyed a positive development. Significant additional revenues were generated with non-recurring aid consignments of personal protective equipment, with disproportionately low margins. In the first quarter, i.e. before the global effects of the coronavirus pandemic, the revenues of the pfm medical…
New subsidiary: pfm medical expert (04/29/2021)
pfm medical expert provides advice and support on all matters concerning quality management, compliance with MDR requirements and clinical project management. The European Union Medical Device Regulation (MDR) which governs the medical technology market presents major challenges for companies in this sector. Even though the European Commission has pushed out the timeline for the MDR coming into effect by a year due to the coronavirus pandemic,…
2019 operating results: pfm medical reports growth in all focus fields (07/16/2020)
In the period from 01/01 to 31/12/2019, pfm medical generated revenues totalling at EUR 115.5 million. This is equivalent to a 5.1% increase over the previous year (EUR 109.9 million) for the internationally operating medium-sized family company from Cologne, Germany. In 2019, pfm medical’s earnings before interest and tax (EBIT) amounted to kEUR 1,746 . Combined with the higher margin, which rose by 0.5% to 60.4%, this increased gross profit to…
