27.08.2018
M1 Kliniken AG DE000A0STSQ8
DGAP-News: On growth path with top-class medicine: M1 Kliniken AG increases sales by +30% in the first half of 2018
DGAP-News: M1 Kliniken AG / Key word(s): Half Year Results
On growth path with top-class medicine: M1 Kliniken AG increases sales by
+30% in the first half of 2018
27.08.2018 / 13:00
The issuer is solely responsible for the content of this announcement.
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On growth path with top-class medicine: M1 Kliniken AG increases sales by
+30% in the first half of 2018
- Sales EUR 28.9 million (H1/17: EUR 22.3 million)
- EBT EUR 4.28 million (H1/17: EUR 4.24 million); margin within target
corridor
- Investments made for further growth: New specialty centers, new treatment
areas and international expansion in the second half of 2018
- Positive outlook: sales and earnings to be further increased
Berlin, 27.08.2018 - M1 Kliniken AG (ISIN: DE000A0STSQ8) continued its
growth path in the first half of 2018 and increased sales by 30% from EUR
22.3 million to EUR 28.9 million. As the leading private provider of health
services in the field of beauty medicine in Germany, the group is benefiting
with its brand "M1 Med Beauty" from the growing demand for plastic and
aesthetic treatments.
"The utilisation of our 20 ambulatory specialist centres for beauty
treatments and the Schlossklinik in Berlin has developed satisfactorily.
After opening five specialist centers in the second half of 2017, we were
able to put two more centers into operation in the first half of this year,"
says Dr. Walter von Horstig, member of the Management Board of M1 Kliniken
AG. "In addition to operational growth, we have also invested in the future.
Among other things, we opened the first center for aesthetic dental
treatment in our clinic in Berlin. In recent months we have been able to
establish medical and business processes in order to quickly expand
throughout Germany with the new "M1 Dental" brand."
Despite the up-front costs of the large number of new locations and
investments in new treatment areas, the M1 Group continues to grow
profitably: earnings before tax (EBT) in the first half of 2018 were at EUR
4.3 million (H1 2017: EUR 4.2 million). The EBT margin is thus in the
targeted corridor.
Positive outlook: New specialist centres, entry into aesthetic dentistry and
international expansion
M1 Kliniken is confident about the second half of 2018 and beyond. As a
result of the specialist centers currently in operation, sales and EBT will
continue to rise compared with the same period of the previous year and the
first half of the year. Further locations are also planned. The range of
services for cosmetic treatments is to be expanded in all specialist
centres. In addition, the first locations for aesthetic dental treatments
are to be opened in major German cities. Finally, M1 is working on its
internationalisation. The first foreign location is to be opened in Vienna
in the second half of 2018.
"The market for plastic and aesthetic treatments continues to offer
significant growth potential to the M1 Group. This applies to our existing
treatments and, of course, to new markets. With our strategy - top-class
medicine at a fair price - we will continue to promote innovations and
actively develop markets in the future," says Patrick Brenske, member of the
Management Board of M1 Kliniken AG. "We will also roll out our business
model internationally and make M1 the leading beauty brand in Europe."
The Half-Year Report 2018 of M1 Kliniken AG is available for download at
www.m1-kliniken.de
About M1 Kliniken AG
M1 Kliniken AG is the leading private provider of health care services in
the field of beauty medicine in Germany. In the aesthetic and surgical
field, the Group offers products and services of the highest quality
standard. Under the brand names "M1 Med Beauty" and "M1 Dental", a network
of currently 20 ambulatory specialist centres for beauty treatments and a
surgical clinic is operated. With six operating theatres and 35 beds, the M1
Schlossklinik Berlin is one of the largest and most modern facilities of its
kind in Europe. The Group also markets high-quality products to doctors,
pharmacies and wholesalers. www.m1-kliniken.de/en
Details of the M1 Kliniken AG share
Subscribed capital: EUR 16,500,000
Class of shares: Bearer shares
ISIN: DE000A0STSQ8 * WKN: A0STSQ * Stock exchange symbol: M12
Contact
M1 Kliniken AG
Grünauer Straße 5
12557 Berlin
T: +49 (0)30 347 47 44 14
M: [email protected]
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27.08.2018 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: M1 Kliniken AG
Grünauer Straße 5
12557 Berlin
Germany
Phone: +49 (0)30 347 47 44 14
Fax: +49 (0)30 347 47 44 17
E-mail: [email protected]
Internet: https://www.m1-kliniken.de
ISIN: DE000A0STSQ8
WKN: A0STSQ
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Basic Board), Stuttgart, Tradegate Exchange
End of News DGAP News Service
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