23.03.2016
MediClin AG DE0006595101
DGAP-News: MediClin AG: Group sales increased by 3.2% to EUR 555.3 mill. and Group operating result by 51.7% to EUR 23.6 mill.
DGAP-News: MediClin AG / Key word(s): Conference
MediClin AG: Group sales increased by 3.2% to EUR 555.3 mill. and Group
operating result by 51.7% to EUR 23.6 mill.
23.03.2016 / 16:00
The issuer is solely responsible for the content of this announcement.
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Group sales increased by 3.2% to EUR 555.3 mill. and Group operating result
by 51.7% to EUR 23.6 mill.
Offenburg, March 23, 2016 - At this year's balance sheet press conference
the Board of Management of MEDICLIN Aktiengesellschaft (MediClin) presented
again good financial figures. In the 2015 FY Group sales were achieved in
the amount of EUR 555.3 mill. The sales plus was EUR 17.3 mill. or 3.2%
against previous year. "We consider this as reassurance that regarding our
measurements to enhance the locations we have done a lot of thing properly.
A demand-oriented offer of good medical services has enabled sales growth",
said Volker Feldkamp, CEO of MediClin AG. The answer to the question what
has been the most demanding challenge during his time with MediClin,
Feldkamp said: "To start a process of change requires a lot of energy,
since to chance accustomed habits and to accept new requirements faces
strong opposition." And he added: "We achieved this with MediClin. MediClin
is well prepared to meet the changed conditions of competition."
Group operating result (Group-EBIT) increased from EUR 15.6 mill. to EUR
23.6 mill. and the result attributable to shareholders of MediClin AG from
EUR 8.5 mill. to EUR 16.5 mill. To this Jens Breuer, CFO, said: "The
improvement of the Group-EBIT is due to the sales increase by 3.2 % and the
fact that expenses increased significantly non-proportional to sales just
by 1.7%. Economies of scale and a stringent cost control added to this
effect."
The largest share of sales growth posted the post-acute segment with EUR
16.5 mill. The segment achieved sales of EUR 330.9 mill. (previous year:
EUR 314.4 mill.) The nursing care business area accounted for EUR 14.1
mill. contributing EUR 1.0 mill. to sales growth. Sales of the acute
segment amounted to EUR 206.7 mill., thus being EUR 0.6 mill. below
previous years value. The segment results of the post-acute and acute
segment increased by EUR 4.0 mill. respectively EUR 0.5 mill. against
previous year. In the post-acute segment higher staff costs could be more
than compensated by significantly higher sales and lower material costs
compared to the previous year. In the acute segment lower material costs
and staff costs led to an increase of result despite a slight decrease in
sales.
In the FY 2015 about EUR 27.0 mill. (previous year: EUR 21,0 mill.) were
invested in capital expenditure including EUR 2.7 mill. (previous year: EUR
4.4 mill.) subsidies. As of December 31, 2015 cash and cash equivalents
amounted to EUR 29.5 mill. (31.12.2014: EUR 26.3 mill.); the equity ratio
was 51.3% (31.12.2014: 48.8%).
About MediClin AG (Ticker: MED; WKN: 659 510)
MediClin AG is a nation-wide clinic operator and large provider of services
in the area of Psycho- and Neuro-sciences as well as Orthopaedic. With 34
clinics, 7 nursing care facilities and 8 medical care centres in 11 federal
states MediClin has a total capacity of approximately 8,000 beds.
MediClins' facilities include acute care clinics, i.e., general hospitals,
special treatment facilities, specialised hospitals and clinics for
post-acute treatment and medical rehabilitation. MediClin has approximately
9,000 employees.
MediClin ─ a company of the Asklepios Group
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23.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: MediClin AG
Okenstraße 27
77652 Offenburg
Germany
Phone: +49 (0)781 488-189
Fax: +49 (0)781 488-184
E-mail: [email protected]
Internet: www.mediclin.de
ISIN: DE0006595101
WKN: 659510
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
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448415 23.03.2016
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