MEDICLIN AG — Earnings Release 2002

Aug 13, 2002

News Details

Ad-hoc | 13 August 2002 08:41

Mediclin AG english

MediClin AG: net profit balanced – sales below expectations Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– MediClin AG: net profit balanced – sales below expectations Frankfurt, August 13, 2002 Today MediClin AG, one of the big clinic operatiors in Germany anounced that sales from April to June 2002 were below expectations. The demand for medical treatment and services were declining due to the cyclical development especially the situation at the employment market. Sales in the second quarter amounted to 95.2 million Euro or 24.8 per cent above the previous years quarterly figure (76.2 million Euro). Without acquisitions sales decreased by 2.7 per cent. In the first quarter of the current financial year sales reached 82.4 million Euro, without newly acquired clinics 61.1 million Euro. Based on preliminary figures net profit balanced for the second quarter 2002. The Management Board now assumes that the originally announced objectives for the financial year 2002 are not achievable any more. MediClin will show positive results for the whole financial year of 2002. Detailled statements of the second quarter and the first half year of 2002 will be published on August 29, 2002. For more information: MediClin AG Investor Relations Alexandra Mühr Wilhelm-Leuschner-Straße 9-11 60329 Frankfurt am Main Tel.: + 49(0)69 25 60 02-13 E-Mail: alexandra.muehr@mediclin.de http://www.mediclin.de end of ad-hoc-announcement (c)DGAP 13.08.2002 ——————————————————————————– WKN: 659510; ISIN: DE0006595101; Index: Listed: Amtlicher Markt in Frankfurt (SMAX); Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 130841 Aug 02