23.03.2016 16:00:11
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DGAP-News: MediClin AG
DGAP-News: MediClin AG / Key word(s): Conference
MediClin AG: Group sales increased by 3.2% to EUR 555.3 mill. and Group
operating result by 51.7% to EUR 23.6 mill.
23.03.2016 / 16:00
The issuer is solely responsible for the content of this announcement.
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Group sales increased by 3.2% to EUR 555.3 mill. and Group operating result
by 51.7% to EUR 23.6 mill.
Offenburg, March 23, 2016 - At this year's balance sheet press conference
the Board of Management of MEDICLIN Aktiengesellschaft (MediClin) presented
again good financial figures. In the 2015 FY Group sales were achieved in
the amount of EUR 555.3 mill. The sales plus was EUR 17.3 mill. or 3.2%
against previous year. "We consider this as reassurance that regarding our
measurements to enhance the locations we have done a lot of thing properly.
A demand-oriented offer of good medical services has enabled sales growth",
said Volker Feldkamp, CEO of MediClin AG. The answer to the question what
has been the most demanding challenge during his time with MediClin,
Feldkamp said: "To start a process of change requires a lot of energy,
since to chance accustomed habits and to accept new requirements faces
strong opposition." And he added: "We achieved this with MediClin. MediClin
is well prepared to meet the changed conditions of competition."
Group operating result (Group-EBIT) increased from EUR 15.6 mill. to EUR 23.6 mill. and the result attributable to shareholders of MediClin AG from EUR 8.5 mill. to EUR 16.5 mill. To this Jens Breuer, CFO, said: "The improvement of the Group-EBIT is due to the sales increase by 3.2 % and the fact that expenses increased significantly non-proportional to sales just by 1.7%. Economies of scale and a stringent cost control added to this effect."
The largest share of sales growth posted the post-acute segment with EUR 16.5 mill. The segment achieved sales of EUR 330.9 mill. (previous year: EUR 314.4 mill.) The nursing care business area accounted for EUR 14.1 mill. contributing EUR 1.0 mill. to sales growth. Sales of the acute segment amounted to EUR 206.7 mill., thus being EUR 0.6 mill. below previous years value. The segment results of the post-acute and acute segment increased by EUR 4.0 mill. respectively EUR 0.5 mill. against previous year. In the post-acute segment higher staff costs could be more than compensated by significantly higher sales and lower material costs compared to the previous year. In the acute segment lower material costs and staff costs led to an increase of result despite a slight decrease in sales.
In the FY 2015 about EUR 27.0 mill. (previous year: EUR 21,0 mill.) were invested in capital expenditure including EUR 2.7 mill. (previous year: EUR 4.4 mill.) subsidies. As of December 31, 2015 cash and cash equivalents amounted to EUR 29.5 mill. (31.12.2014: EUR 26.3 mill.); the equity ratio was 51.3% (31.12.2014: 48.8%).
About 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, 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 9,000 employees.
MediClin - a company of the Asklepios Group
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23.03.2016 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: MediClin AG Okenstraße 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 ---------------------------------------------------------------------------
448415 23.03.2016
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