DGAP-News: MediClin AG: Group sales increase by EUR 5.2

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Feb 20, 2014 at 8:15 AM

DGAP-News: MediClin AG: Group sales increase by EUR 5.2 million up to EUR 514.9 million; preliminary Group operating result amounts to EUR 2.2 million

DGAP-News: MediClin AG / Key word(s): Preliminary Results MediClin AG: Group sales increase by EUR 5.2 million up to EUR 514.9 million; preliminary Group operating result amounts to EUR 2.2 million 20.02.2014 / 14:00 --------------------------------------------------------------------- Group sales increase by EUR 5.2 million up to EUR 514.9 million; preliminary Group operating result amounts to EUR 2.2 million Offenburg, February 20, 2014 - In the 2013 financial year MEDICLIN Aktiengesellschaft (MediClin) achieved Group sales of EUR 514.9 mill. (2012: EUR 509.7 mill.). The preliminary Group operating result accounts for EUR 2.2 mill. (2012: EUR 4.3 mill.). Sales increase despite decrease in occupancy In the FY 2013 the Group occupancy rate was 84.6 % (2012: 86.3%), a decrease of 2.0 % compared to the previous year. Despite lower occupancy rate sales could be raised. This was achieved by improvement in efficiency in the acute segment and reallocation of medical services in the post-acute segment. Additionally in the post-acute segment a decline in sales in the field of psychosomatic caused by cost providers must be compensated in FY 2013. Group operating result is positive despite weak 1. quarter 2013 The Group operating result in FY 2013 was EUR 2.2 mill.; EUR 2.1 mill. below previous year's figure. In the following quarters the low result of the first quarter 2013 (Q1 2013: EUR -5.9 mill.; Q1 2012: EUR -0,8 mill.) could be catched up partly by adjustments of medical services and reallocation of capacities as well as cost savings. Personal costs increased, material costs on previous year's level Still increase in sales was not sufficient enough to compensate the expenses for capacity extensions and capacity adjustments and the increase in staff costs. The increase in number of staff and the increase in remuneration in line with the industry led to higher personal costs of EUR 7.6 mill. compared with the previous year. Material costs kept nearly constant due to an efficient procurement in FY 2013. Investments on a high level also in 2013 In FY 2013 about EUR 18.7 mill. were invested in fixed assets (brutto) (2012: EUR 27.3 mill.) and was financed nearly completely out of the cashflow. A good start into 2014 In the month of January 2014 the occupancy in the post-acute segment as well as the number of cases in the acute segment were above the previous years' figures, so that a better start in the new FY is assumed. The balance sheet and analyst conference will take place on March 19, 2014 in Frankfurt. From that day onwards also our annual report 2013 will be available at www.mediclin.de. 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 and 7 nursing care facilities and 11 Medizinische Versorgungszentren (medical care units) in 11 federal states MediClin has a total capacity of approximately 8,100 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 8,500 employees. MediClin â?? a company of the Asklepios Group. End of Corporate News --------------------------------------------------------------------- 20.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: MediClin AG OkenstraÃ?e 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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 253494 20.02.2014

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