18.04.2019 Medios AG  DE000A1MMCC8

DGAP-News: Medios AG publishes Annual Report 2018


 

DGAP-News: Medios AG / Key word(s): Annual Results
Medios AG publishes Annual Report 2018

18.04.2019 / 09:17
The issuer is solely responsible for the content of this announcement.


Corporate News

Medios AG publishes Annual Report 2018

  • Significant increase in group sales and earnings in financial year 2018
  • Sales in Drug Supply business unit climb by 37 per cent
  • Earnings in Patient-specific Therapies business unit rise by around three quarters
  • Positive outlook: Group sales and earnings are expected to increase significantly again in financial year 2019

Berlin, 18 April 2019 - Medios AG ('Medios'), one of the leading Specialty Pharma companies in Germany, has published its Annual Report 2018. According to the audited IFRS financial statements, group sales in the period from January to December 2018 increased year on year by 29 per cent to EUR 327.8 million (previous year EUR 253.6 million). Group earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for extraordinary expenses*, rose by 37 per cent to EUR 11.7 million (previous year EUR 8.5 million). Group earnings before taxes (EBT), adjusted for extraordinary expenses*, climbed by 38 per cent to EUR 11.0 million (previous year EUR 8.0 million). Thereby, the guidance of the Management Board for the financial year 2018 was met.

The Drug Supply business unit generated sales of EUR 288.9 million, an increase of 37 per cent (previous year EUR 210.6 million). This was in particular due to the ongoing strong demand for Specialty Pharma medicines. Adjusted EBITDA* went up by 23 per cent to EUR 9.4 million (previous year EUR 7.6 million). Adjusted EBT* climbed by 23 per cent to EUR 9.2 million (previous year EUR 7.4 million).

The Patient-specific Therapies business unit registered a planned decline in sales of 9.7 per cent to EUR 38.8 million (previous year EUR 43.0 million) due to the strategic diversification of the indication areas through new products. Nonetheless, earnings increased disproportionately: adjusted EBITDA* was up by 76 per cent to EUR 3.3 million (previous year EUR 1.9 million) and adjusted EBT* climbed by 74 per cent to EUR 2.8 million (previous year EUR 1.6 million). Thereby, the adjusted EBT* margin rose from 3.8 to 7.3 per cent.

The internal Services business unit, which only provides services to the other companies in the Medios Group, reported a negative earnings contribution, as anticipated. This was in particular due to services which were rendered in the areas of information technology, human resources and finances to implement the growth strategy and cannot be charged in full to the subsidiaries.

Manfred Schneider, CEO of Medios AG: 'By expanding our partner network, extending our product range and specializing in additional indication areas, we laid the foundations for further growth in 2018. The establishment of our new Drug Safety business unit and positioning of our new 'Medios Apotheke' brand will also make a contribution.'

Matthias Gärtner, CFO of Medios AG: 'In 2018, we achieved significant growth in both sales and earnings in our Drug Supply business unit. Thanks to the diversification into additional indication areas, we have virtually doubled our operating profit margin in the Patient-specific Therapies business unit. In 2019, we also want to grow sales in this business unit again. We are very confident that we will be able to continue the dynamic growth course of the Medios Group in the current financial year and further improve profitability.'

As reported in February, the Management Board is expecting group sales of EUR 400 to 410 million, adjusted EBITDA* of EUR 16 to 17 million and adjusted EBT* of EUR 14 to 15 million for the financial year 2019. This represents a sales growth of 22 to 25 per cent and a further increase in adjusted operating earnings* with improved earnings margins. As far as currently foreseeable, the guidance includes both the effects of the planned 'Act for more Drug Safety' on the course of Medios' business as well as additional investments in the Drug Safety business unit and the establishment of the 'Medios Apotheke' brand.

The Annual Report 2018 of Medios AG is available for download from the website http://medios.ag/en/investor-relations/financial-reports.

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* EBITDA is adjusted for extraordinary expenses for a) stock options totalling EUR 2.59 million (non-cash) from the financial years 2017 and 2018 and b) start-up expenses of EUR 0.64 million for the laboratories acquired in September 2017. EBT is adjusted for extraordinary expenses for a) and b), plus amortization of EUR 0.35 million (non-cash) on the customer base following the acquisition of operating units of BerlinApotheke Schneider & Oleski oHG.

About Medios AG
Medios AG is one of the leading Specialty Pharma companies in Germany. As a specialist for the provision of Specialty Pharma drugs to patients and GMP-certified provider of patient-specific therapies, Medios covers substantial elements of the supply chain in this field and follows the highest international quality standards. Usually, Specialty Pharma drugs are high-priced medicines for rare and/or chronic diseases. Patient-specific therapies are, for example, infusions that are compiled and produced on the basis of individual diseases and parameters like body weight and surface. It is Medios' aim to provide integrated solutions along the value chain to partners and clients, thereby ensuring an optimal pharmaceutical care for patients.

Medios AG is Germany's first publicly listed Specialty Pharma company. The share (WKN: A1MMCC, ISIN: DE000A1MMCC8) is listed in the Regulated Market of the Frankfurt Stock Exchange (General Standard).

Contact
Kirchhoff Consult AG
Nikolaus Hammerschmidt
Borselstraße 20
22765 Hamburg
Germany
Tel.: +49 40 60918618
Fax: +49 40 60918660
E-mail: [email protected]
www.kirchhoff.de

Disclaimer
This notification contains forward-looking statements that are subject to certain risks and uncertainties. Future results may significantly deviate from currently expected results, specifically due to various risk factors and uncertainties such as changes in business, economic, and competitive circumstances, exchange rate fluctuations, uncertainties about legal disputes or investigations, and the availability of financial resources. Medios AG assumes no responsibility whatsoever for updating the forward-looking statements contained in this notification.



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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Medios AG
Friedrichstraße 113a
10117 Berlin
Germany
Phone: +49 30 232 566 - 800
Fax: +49 30 232 566 - 801
E-mail: [email protected]
Internet: www.medios.ag
ISIN: DE000A1MMCC8
WKN: A1MMCC
Listed: Regulated Market in Frankfurt (General Standard), Hamburg; Regulated Unofficial Market in Dusseldorf
EQS News ID: 801579

 
End of News DGAP News Service

801579  18.04.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 253,64 327,83 516,80 626,54 1.357,41 1.610,78 1.874,70
EBITDA1,2 7,29 8,54 16,37 13,09 34,64 51,21 52,41
EBITDA-Marge3 2,87 2,61 3,17 2,09 2,55 3,18
EBIT1,4 6,80 7,40 14,39 9,54 15,26 28,97 31,37
EBIT-Marge5 2,68 2,26 2,78 1,52 1,12 1,80 1,67
Jahresüberschuss1 4,13 4,33 7,76 6,06 7,40 18,33 18,81
Netto-Marge6 1,63 1,32 1,50 0,97 0,55 1,14 1,00
Cashflow1,7 0,82 -3,14 -0,45 -38,12 61,52 37,12 16,41
Ergebnis je Aktie8 0,32 0,31 0,65 0,38 0,37 0,77 0,79
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Baker Tilly

INVESTOR-INFORMATIONEN
©boersengefluester.de
Medios
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1MMCC 16,380 Halten 389,94
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,45 31,49 0,35 38,45
KBV KCV KUV EV/EBITDA
0,83 23,77 0,21 6,42
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 26.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 13.08.2024 12.11.2024 27.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
8,70% 4,85% 3,28% -17,27%
    
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Gesundheit , A1MMCC , ILM1 , XETR:ILM1