DGAP-News: RHÖN-KLINIKUM AG (english)
RHÖN-KLINIKUM AG: Analyst Conference 2008RHÖN-KLINIKUM AG / Forecast/Quarter Results
06.11.2008
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* Forecast for 2008 reaffirmed
* Expectations for financial year 2009 positive: Revenues of 2.3 billion
euros, net consolidated profit between 125 and 135 million euros
* RHÖN-KLINIKUM AG embraces integrated growth strategy
* Dr. Straub first medical doctor in Board of Management
Bad Neustadt, 6 November 2008 ----- At today's Analyst Conference the
Company informed about its expectations for financial year 2009. The
chairman of the Board of Management, Wolfgang Pföhler, moreover made
detailed statements on the recently announced orientation of the Board of
Management to the Company's integrated growth strategy.
Forecast for 2008 reaffirmed
The 9-month figures for 2008 reveal that RHÖN-KLINIKUM AG has continued its
growth course and that increases have been once again recorded in the most
important key figures - patient numbers, revenues and earnings.
In the first nine months of 2008, the Group's hospitals treated 1.24
million patients (+ 6.6%) and generated revenues of 1.59 billion euros (+
4.9%), with net consolidated profit reaching 89.2 million euros (+ 2.6 %)
in the first three quarters. The Company has succeeded in expanding
operative performance despite extraordinary burdens from legislation and
the sharp rise in the costs of personnel and materials, which is why the
forecast for financial year 2008 is reaffirmed: revenues of 2.1 billion
euros, earnings of 123 million euros.
Expectations for financial year 2009 positive
The Company expects to see a positive development in 2009: 'The healthcare
market is crisis-resistant and largely unaffected by short-term
developments on the financial markets and swings in the economic cycle.
Demand for good medical care is rising as society greys, people gain
greater awareness of the health and progress in medicine advances. For
these reasons we see a growth path for our Group which is clearly marked
out over the coming years' Pföhler explained.
The framework conditions for the healthcare market remain challenging. 'The
anticipated amendments to hospital financing are bringing a certain degree
of relief. These are set against rising personnel and material costs',
Pföhler said. 'Overall, we will expand our market position. Our plan
developed for the next financial year is sound and conservative, and we are
certain that we will be able to achieve the stated targets', the chairman
of the Board of Management said confidently.
For financial year 2009, rising revenues and rising net consolidated profit
are expected. Irrespective of further hospital acquisitions the Company is
targeting revenues of roughly 2.3 billion euros. 'We put our earnings
target for 2009 at a net consolidated profit of roughly 130 million euros -
but in view of the opportunities and risks see a deviation of plus or minus
5 million euros as possible' said the chairman of the Board of Management.
RHÖN-KLINIKUM AG embraces integrated growth
Wolfgang Pföhler provided detailed information on the Company's orientation
towards the integrated growth strategy: 'By establishing our two-step
healthcare offering, we want to draw on performance reserves, set a
benchmark for ensuring the viability of care, offer people good medicine
and exploit quality and efficiency reserves at the interface between
sectors. We are expanding our medical offering with the new division
Outpatient-Inpatient Basic and Standard Care. The solid basis of our growth
strategy continues to be provided by our original business field of acute
inpatient care.'
The Group's core principles of medical understanding were especially
highlighted by Pföhler: 'Our seal of quality is the independent medicine
practised by doctors at our Company. This is what RHÖN-KLINIKUM AG has
stood for in the past and will continue to stand for in future', remarked
the chairman of the Board of Management. 'Dr. Christoph Straub, working
together with the doctors of RHÖN-KLINIKUM AG, will forge ahead with the
integration of state-of-the-art medicine within our network of hospitals
and moreover assume responsibility for medical quality management and the
further training and higher-qualification of doctors. I am pleased to have
found in Dr. Straub a doctor to build bridges for us between the sectors',
explained the chairman of the Board of Management.
Wolfgang Pföhler provided detailed information on the further orientation
of the Company's executive team and the implementation of the integrated
growth strategy. In finance policy, the Company assigns a key role to
continuity. The outgoing CFO, Dietmar Pawlik, will be succeeded by Dr. Erik
Hamann as deputy member of the Board of Management for the division
Finance, Investor Relations and Controlling who will ensure consistency in
the Company's long-term oriented finance policy. Dr. Hamann currently heads
the division Group Controlling at RHÖN-KLINIKUM AG.
In conclusion Pföhler emphasised: 'My goal is to further develop
RHÖN-KLINIKUM AG from being traditional hospital operator into a healthcare
provider.'
Dr. Irmgard Stippler
Divisional Head of Corporate Communication
Telephone: +49 9771 65-1321
FAX: +49 9771 65-1306
E-Mail: irmgard.stippler@rhoen-klinikum-ag.com
06.11.2008 Financial News transmitted by DGAP
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Language: English
Issuer: RHÖN-KLINIKUM AG
Schlossplatz 1
97616 Bad Neustadt a.d.Saale
Deutschland
Phone: +49 (0)9771 - 65-0
Fax: +49 (0)9771 - 97 467
E-mail: fire.ir@rhoen-klinikum-ag.com
Internet: www.rhoen-klinikum-ag.com
ISIN: DE0007042301
WKN: 704230
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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