DGAP-News: MediClin AG / Key word(s): Half Year Results
MediClin AG: In the first half-year of 2015 Group sales increased by
EUR 7.5 mill. or 2.8 % - Group EBIT more than doubled by EUR 3.5 mill.
up to EUR 6.6 mill. against previous year
31.07.2015 / 12:15
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MediClin: In the first half-year of 2015 Group sales increased by EUR 7.5
mill. or 2.8 % - Group EBIT more than doubled by EUR 3.5 mill. up to EUR
6.6 mill. against previous year.
Offenburg, July 31. 2015 - In the first half-year of 2015 MEDICLIN
Aktiengesellschaft (MediClin) achieved Group sales of EUR 274.2 mill.
(H1 2014: EUR 266.7 mill.) thus being EUR 7.5 mill. or 2.8 % above the
value of the first half-year of 2014. Group occupancy rate amounted to 87.2
% (H1 2014: 87.2 %).
Raw materials and consumables used declined by EUR 3.1 mill. against
previous year's value, staff costs increased by EUR 6.9 mill. primarily due
to the higher headcount. Depreciation and amortisation and other operating
expenses rose only moderately on the previous year's six-month level.
Consequently Group EBIT improved compared to the first half-year of 2014 by
EUR 3.5 mill. from EUR 3.1 mill. to EUR 6.6 mill. and the result
attributable to MediClin AG shareholders by EUR 3.3 mill. from EUR 1.0
mill. to EUR 4.3 mill.
Positive earnings development in both segments post-acute and acute
Since the positive sales development of the post-acute segment continued in
the second quarter of 2015, sales of the first half-year of 2015 were EUR
9.0 mill. (+5.9 %) above previous year's value. Sales of the acute segment
were EUR 2.1 mill. (-2.0 %) below previous year's value due to a lower
number of cases and case mix points. The nursing care business area showed
a sales increase of EUR 0.3 mill. (+5.5%) thanks to a better occupancy
rate. Higher sales and significantly lower energy costs in the second
quarter against the first quarter as in the previous year led to an
increase of the segment result. The sales decline in the acute segment was
offset by lower expenses, meaning the segment result is slightly above the
previous year's figure. EUR 12.6 mill. were invested in fixed assets
(brutto), containing subsidies of EUR 1.1 mill. in the first half-year of
2015 (H1 2014: EUR 9.4 mill., containing subsidies of EUR 1.2 mill.). As of
June 30, 2015 cash and cash equivalents amounted to EUR 18.0 mill.
(30.06.2014: EUR 11.5 mill.) and the equity ratio 48.1 % (30.06.2014: 47.3
%).
MediClin employed on average 6,492 employees (H1 2014: 6,386 employees),
calculated on the basis of full-time staff, in the first half-year of 2015.
Outlook
The business development of the first half-year of 2015 indicates that the
sales and earnings targets of the Group can be reached. This also applies
for the sales and earnings targets in the post-acute segment. In the acute
segment, the Management Board assumes that, thanks to process and cost
optimisation, the earnings target for the segment will be achieved despite
the sales decline.
The interim report as of June 30, 2015 will be available in German and
English from August 7, 2015 under www.mediclin.de.
Ãber die 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 and 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
8,900 employees.
MediClin â a company of the Asklepios Group
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31.07.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: MediClin AG
OkenstraÃe 27
77652 Offenburg
Germany
Phone: +49 (0)781 488-189
Fax: +49 (0)781 488-184
E-mail: alexandra.muehr@mediclin.de
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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382687 31.07.2015
DGAP-News: MediClin AG: In the first half-year of 2015 Group sales increased by EUR 7.5 mill. or 2.8 % - Group EBIT more than doubled by EUR 3.5 mill. up to EUR 6.6 mill. against previous year
| Source: EQS Group AG