Interim report January-June 2010: Strong growth in profits

Interim report January-June 2010: Strong growth in profits for the
second quarter

SECOND QUARTER 2010

  · Revenues increased by 19 percent to SEK 158.5 million (132.8)
  · The operating result amounted to SEK 15.3 million (5.5)
  · The result before tax amounted to SEK 15.7 million (4.5)
  · The result after tax amounted to SEK 10.2 million (2.4)
  · The result per share amounted to SEK 0.09 (-0.01)
  · Organic growth of 18 percent
  · Restructuring and increased ownership of Spine Center Bergen
  · Inauguration of Bariatric Centers in Prague and Skåne and of the
diabetes clinic in Ajman

FIRST HALF YEAR 2010

  · Revenues increased by 16 percent to SEK 299.1 million (258.8)
  · The operating result amounted to SEK 20.0 million (8.8)
  · The result before tax amounted to SEK 21.3 million (7.4)
  · The result after tax amounted to SEK 12.5 million (2.1)
  · The result per share amounted to SEK 0.08 SEK (-0.07)
  · Organic growth of 15 percent

THE CEO'S COMMENTS
The market for all clinics developed well during the second quarter. The
situation also stabilized within specialist dentistry, where there has
been a reduced demand for complex procedures during the first half year.

Most clinics had increased capacity utilization during the second
quarter, which affected the operating margin positively. It is also
positive that our largest spine clinic, Stockholm Spine Center, has
recovered well after the lost rehab contract at the beginning of the
year, amongst other things through the opening of a new rehab business
in central Stockholm. Demand within obesity surgery, Service Line
Bariatrics, continues to grow in Sweden and we can also see that the
clinics in Norway and Finland are following this development with a few
years' delay.

Organic growth is good, 18 percent for the second quarter, and is based
on several new clinic start-ups. During the second quarter alone three
new clinics were inaugurated: the Bariatric Center Skåne in Lund, the
Rashid Center for Diabetes and Research in Ajman, UAE, and the OB
Klinika in Prague, the Czech Republic. No acquisitions were made during
the period.

The Group has delivered a good half year result, in line with our own
expectations. The coming third quarter will, as in previous years, be
characterized by normal seasonal variation due to the holiday period.

19 July 2010
Gothenburg
Global Health Partner AB (publ)

Per Båtelson,
CEO

Queries should be addressed to:
Per Båtelson, CEO   +46-705 95 57 00
Tobias Linebäck, CFO   +46-708 55 37 19
Anna Ahlberg, IR   +46-708 55 38 35
Interim report January-June 2010: Strong growth in profits for the second quarter

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