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Offenburg, November 10, 2010 – In the first nine months of the 2010 financial year MEDICLIN Aktiengesellschaft (MediClin) achieved sales of EUR 363.0 mill., which is EUR 12.3 mill., or 3.5% more than in the 2009 comparable period. (9M 2009: EUR 350.7 mill.).
Against previous year’s figures on Group level the number of nursing days and cases increased both by 0.5%. The occupancy rate rose slightly from 87.0% to 87.1%. The Group operating result of EUR 12.1 mill. did not reach entirely the previous year’s figure of EUR 13.3 mill. The result attributable to shareholders of MediClin AG amounted to EUR 6.2 mill. (9M 2009: EUR 7.6 mill.). Earnings per share are EUR 0.13 (9M 2009: EUR 0.16). At September 30, 2010 MediClin shows cash and cash equivalents amounting to EUR 53.5 mill. (30.09.2009: EUR 61.1 mill.).
Continuing stable development in the segments
The post-acute segment achieved sales of EUR 206.0 mill. (9M 2009: EUR 201.3 mill.) and a result of EUR 5.2 mill. (9M 2009: EUR 3.7 mill.) in the first nine months of 2010. In the 3rd. Quarter 2010 the high occupancy rate of respective previous year’s quarter (Q3 2009: 89.4%) could not be reached with 87.5%.
The acute segment generated sales of EUR 148.1 mill. (9M 2009: EUR 141.2 mill. and a result of EUR 12.7 mill. (9M 2009: EUR 14.4 mill.) for the same period 2010 which was EUR 1.7 mill. less than in 2009. The reasons are higher expenditures of in total approximately EUR 5.6 mill. for investments, maintenance and personnel growth. The result of the medical care centres is attributed to the segment.
Number of employees increased
The number of employees in the first nine months of 2010, calculated on the basis of full-time staff, was on average 5,959 full-time employees (9M 2009: 5,816 full-time employees) thus being up by 143 full-time employees against the average number of the previous year’s period.
Higher investments
This year MediClin will invest approximately EUR 20 mill. in the structural features and medical equipment, including the development of the medical care centres, and with it will spend significantly more for internal growth than in the previous year.
For the 2010 financial year, the Management Board anticipates sales slightly above those of the previous year and an EBIT margin at the nine-month level.
About MediClin AG (Ticker: MED; ISIN: DE000 659 5101; WKN: 659 510)
MediClin is a nation-wide clinic operator and large provider of services in the area of Psycho- and Neurosciences as well as Orthopaedic. With 34 clinics and 7 nursing care facilities and 10 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 8,000 employees.