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MEDICLIN AG — Earnings Release 2006
Feb 26, 2007
280_rns_2007-02-26_5c2de95c-1aa1-4c36-a775-c21e9a4e0c9d.html
Earnings Release
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News Details
Corporate | 26 February 2007 12:42
MediClin reports preliminary figures for the financial year 2006
MediClin AG / Preliminary Results
Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Frankfurt, 26 February 2007 – MEDICLIN Aktiengesellschaft has further
improved it’s earnings in financial year 2006. Consolidated sales increased
by 8.1 mill. EUR or 2.2% to 378.5 mill. EUR (previous year: 370.4 mill.
EUR). Measures to increase sales, tight cost management and rental relief
have made a contribution to reach a preliminary operating result of 16.7
million EUR (previous year: 16.1 million EUR). The preliminary consolidated
net profit improved to 9.5 million EUR after 7.7 million EUR in 2005.
Investments in quality – higher expenses
MediClin has in 2006 invested in measures, which improved sales, made the
medical services offered more transparent and the clinic more attractive
for the patients.
Cost of materials increased by 5.5% to 80.3 million EUR (previous year 76.1
million EUR). Personnel costs amounted to 212.3 million EUR (previous year:
209.6 million EUR). The average number of full time employees was 5,252
(previous year: 5,248). Other operating expenses increased only slightly to
69.5 million EUR (previous year: 69.0 million EUR). Investments (gross
capital expenditure) in 2006 amounted to 18.8 million EUR (previous year:
16.5 million EUR). The cash flow of operating activities was 7.5 million
EUR (previous year: 17.5 million EUR).
Number of nursing days and number of cases increased
The number of nursing days increased in 2006 Group-wide by 1.8% to
2,172,126 nursing days. The number of cases without nursing care rose by
2.2% up to 105,058 cases.
The final financial statements for 2006 will be published on 26 March 2007.
As from that date, the Annual Report 2006 will be available at
www.mediclin.de and in a printed version.
About MediClin AG (Ticker: MED; WKN: 659 610)
MediClin AG is a nation-wide clinic operator and large provider of services
in the area of Psycho- and Neurosciences as well as Orthopedic. With 30
clinics and 8 nursing care facilities and 3 Medizinische Versorgungszentren
(medical care units) in 11 federal states MediClin has a total capacity of
approximately 7,700 beds. MediClin’s 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 6,900 employees.
Important notice:
This press release includes future-oriented statements which are based on
assumptions and estimates. While MediClin AG is of the opinion that these
assumptions and estimates are correct, the actual future developments and
actual future results may deviate from these assumptions and estimates due
to the impact of various factors such as changes in the economic conditions
in Germany, legal changes concerning the health system, changes relating to
cost providers’ expense behaviour. MediClin does not assume liability and
gives no warranty that future developments and the income actually achieved
in the future will comply with the assumptions and estimates stated in this
press release.
DGAP 26.02.2007
Language: English
Issuer: MediClin AG
Wilhelm-Leuschner-Straße 9-11
60329 Frankfurt am Main Deutschland
Phone: +49 (0)69 25 60 02-0
Fax: +49 (0)69 25 60 02-69
E-mail: [email protected]
WWW: www.mediclin.de
ISIN: DE0006595101
WKN: 659510
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service