RHÃN-KLINIKUM AG / AGM/EGM 09.06.2010 10:24 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Results for financial year 2009 * Further 9.2 % increase in treatments to roughly 1.8 million patients is proof of the trust people put in our medical care offering. * With higher revenues of roughly 190 million euros (a gain of 8.9 %) and a profit of 131.7 million (up 7.4 %), we demonstrate the sustainability of our growth course also in times of crisis. Q1 2010 results * Key figures underscore the good start we have made into the financial year. * Overall, 509,793 patients were treated, a rise in patient treatments of 12.7 % compared with the same quarter last year * Revenues climbed 11.6 % to reach 624.2 million euros. * Net consolidated profit rose 11.7 % to 34.3 million euros. * EBITDA rose by EUR 6.1 million or 9.1 % to reach 73.1 million euros. * EBIT improved 9.4 % to 46.8 million euros. Forecast for the further course of 2010 The Company confirms its forecast for 2010. Despite a challenging environment, the Company expects to generate revenues of approximately EUR 2.6 billion and a net profit of roughly EUR 145 million within a range of plus/minus 5 %. Here, the range for risks and opportunities is represented by the development of wage negotiations at nearly half of the hospitals as well as price increases relating to material costs. Bad Neustadt a.d. Saale/Frankfurt am Main, 9 June 2010 Safe haven for shareholders and patients - We are available as a strong partner in difficult times As 'reliable' and a 'guarantor for continuity in times of change' is how the chairman of the Board of Management of RHÃN-KLINIKUM AG, Wolfgang Pföhler, speaking on Wednesday in Frankfurt, described the Group's business model. In times that have seen the 'bursting' of so many bubbles from the financial and economic world, the Group had kept steadfastly to its course and was a 'safe haven for shareholders and patients'. With Universitätsklinikum GieÃen und Marburg, the Group yet again had demonstrated its restructuring expertise. 'Just recently, the most important scientific advisory body to the German government, the Wissenschaftsrat, has issued us with a glowing testimonial to Germany's first-ever privatisation of a university hospital. Our offer to the State still holds: as an experienced healthcare service provider, we are prepared to assist the State in fulfilling its healthcare delivery mandate', Pföhler emphasised. That also applied in the case of Schleswig-Holstein should that federal state decide for a privatisation. Pföhler moreover extended an offer of co-operation talks to all financially troubled hospital operators. Pföhler outlined the challenges of maintaining good healthcare for everyone in the context of the austerity measures taken by the State in healthcare on the one hand, and growing demand for healthcare services in a greying society on the other: 'If the political debate is limited solely financing models and cost cutting programmes, that falls short of the mark', the chairman of the Board of Management made clear. What was needed instead was innovative concepts in order to release the efficiency reserves lying idle in the system. For that, a steady and consistent expansion of cross-sector co-operation in outpatient and inpatient care was needed. Integrated care approaches invariably unlocked huge quality and efficiency reserves without contribution payers having to pay one single euro more. To realise this potential, the system had to be given freedom to develop new forms of co-operation. 'We have to rethink care delivery', Pföhler explained. Specifically, there was no question that hospitals, as centres of medical competence, should also offer outpatient services needed by the hospital as a safety net. In that case the hospital offers state-of-the-art medical equipment, interdisciplinary expertise as well as highly developed emergency care. Medical care centres (MVZs) already now secured medical care in many regions and should play an even greater role as a mainstay of generalised healthcare delivery. What was important was that only curative professionals, i.e. doctors and hospitals, should be allowed to operate MVZs. It was only with their medical expertise that healthcare delivery was secured in rural regions. The chairman of the Board of Management urged the importance of 'breaking new ground in the healthcare system' and in this connection called on the State to provide the framework but also to 'act as a referee of fair competition for the best concepts'. Self-initiative in healthcare had to be emphasised to a greater extent than in the past. People were increasingly willing to invest in their own healthcare, which was why the possible options for patients should be expanded. 'This is the only way to shape tomorrow's healthcare in the interests of people in general and to avoid rationing and a two-class healthcare system. That is our stated goal.' 'We are embracing the future with sound judgment and determination. For one thing is clear: We want to achieve further growth, convincing more and more people with the good quality of our medical care', Pföhler said. In this respect, RHÃN-KLINIKUM AG could claim a unique selling point: 'We are the only healthcare provider in Germany with an integrated healthcare offering. It extends from outpatient-inpatient basic care, over specialised and intermediate facilities to maximum care provided at our three university hospitals in GieÃen, Marburg und Herzzentrum Leipzig', the chairman of the Board of Management explained in conclusion. In a further press release, the Company will inform of the voting results after conclusion of the Annual General Meeting in the afternoon. RHÃN-KLINIKUM AG is one of the largest healthcare providers in Germany. Its corporate objective is high-quality medical care for everyone. Currently, our Group counts 53 hospitals at 42 sites as well as 29 medical care centres (MVZs) throughout Germany. We employ more than 36,000 persons. In financial year 2009, roughly 1.8 million patients were treated in the Group's facilities. More information is available under: www.rhoen-klinikum-ag.com Esther Walter Head of Group Press and Public Relations RHÃN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a. d. Saale Phone: +49 9771/ 65 - 1322 Fax: + 49 9771/ 65 - 1820 E-mail: esther.walter@rhoen-klinikum-ag.com 09.06.2010 10:24 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: RHÃN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a.d.Saale Deutschland Phone: +49 (0)9771 - 65-0 Fax: +49 (0)9771 - 97 467 E-mail: rka@rhoen-klinikum-ag.com Internet: www.rhoen-klinikum-ag.com ISIN: DE0007042301 WKN: 704230 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: RHÃN-KLINIKUM AG: Annual General Meeting in Frankfurt/Main
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