DGAP-News: RHÖN-KLINIKUM AG (english)
RHÖN-KLINIKUM AG:RHÖN-KLINIKUM AG / Preliminary Results/Forecast
13.02.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this
announcement.
---------------------------------------------------------------------------
RHÖN-KLINIKUM AG, Bad Neustadt a. d. Saale
Preliminary trend figures for 2007
Forecast for growth in revenues to just over EUR 2.0 billion achieved
Net consolidated profit of EUR 111m in line with own expectations
Rise in patient treatments by 10.8 % to 1.55 million
Rise in revenues and net profit even excluding one-off tax effects
Group succeeds in meeting and coping with challenges from healthcare
reform, VAT increase and wage developments amounting to EUR 39 million
Bad Neustadt a. d. Saale, 13 February 2008 ----- The preliminary trend
figures for financial year 2007 published today by RHÖN-KLINIKUM Group,
Germany's first listed hospital group with headquarters in the Rhön, once
more underscore the soundness of the Group's forecasts.
In a year without any major acquisitions, revenues grew from EUR 1.93 billion
by 4.7 % to EUR 2.02 billion. EBITDA* rose 13.9 % to reach EUR 251.9 million
(previous year: EUR 221.2 million). Operating cash flow stood at EUR 192.9
million, 16.9 % above the previous year's level (previous year: EUR 165.0
million). EBIT** posted a 9.6 % gain to reach EUR 160.1 million (previous
year: EUR 146.1 million). EBT grew 11.1 % to reach EUR 139.7 million (previous
year: EUR 125.7 million).
2007 net consolidated profit - before minorities - rose 1.7 % to reach EUR
111.0 million (previous year: EUR 109.1 million), thus meeting the
Management's expectations. Excluding the one-off tax effects in 2006 (EUR
19.1 million) and 2007 (EUR 9.9 million), growth in net consolidated profit
was EUR 11.1 million to EUR 101.1 million, or 12.3 %, on an adjusted basis. 'We
have thus offset the extraordinary burdens from changes in legislation and
wage increases to the tune of EUR 39 million thanks to numerous
rationalisation and restructuring measures', stated Wolfgang Pföhler,
chairman of the Board of Management of RHÖN-KLINIKUM AG.
The earnings-per-share figure was EUR 1.02 (previous year: EUR 1.01).
During the year ended 31 December 2007, the Group's hospitals treated a
total of 1,544,451 patients (previous year: 1,394,035), of which 552,538
(previous year: 526,226) in the acute inpatient, 982,358 (previous year:
858,708) in the outpatient and 9,555 (previous year: 9,101) in the rehab
and other areas.
As at 31 December 2007, the 46 consolidated hospitals owned by
RHÖN-KLINIKUM AG had over 14,647 beds/places (previous year: 14,703).
Universitätsklinikum Gießen und Marburg contributed revenues of EUR 411.9
million and a profit of EUR 1.1 million. 'We have thus fulfilled our forecast
that we would produce a 'positive break-even' result by the end of 2007',
stated Gerald Meder, deputy chairman of the Board of Management of
RHÖN-KLINIKUM AG and chairman of the Management Board of
Universitätsklinikum Gießen und Marburg GmbH.
'Despite the difficult framework conditions, the Group is targeting a
further expansion in revenue, earnings and its market position also in the
current year', explained Pföhler in conclusion.
For the current financial year 2008 the Group's management reaffirmed their
forecast: 'Not including further acquisitions and/or extraordinary effects,
we expect revenues of EUR 2.08 billion and a net consolidated profit of EUR 123
million'.
______________
Note to the editor: We kindly ask you to include the following IR events in
your event calendar:
Thursday, 24 April 2008 - 10.00 a.m., Results press conference,
MARITIM Hotel, Theodor-Heuss-Allee 3,60327 Frankfurt/Main ///
Thursday, 17 June 2008 - 10.00 a.m., Annual General Meeting, Congress
Center Messe Frankfurt, Ludwig-Erhard-Anlage 1, 60327 Frankfurt/Main ///
Thursday, 7 August 2008, Publication of half-year report,
as at 30 June 2008 ///
Thursday, 30 October 2008, Publication of interim report for the quarter
ending on 30 September 2008
____________
* Earnings before depreciation/amortisation, interest and income tax
** Earnings before interest and income tax = operating result
Brigitte Sallwey
Sallwey & Partner
Grüneburgweg 41
D-60322 Frankfurt/Main
Tel.: (+49)069-97203628
13.02.2008 Financial News transmitted by DGAP
---------------------------------------------------------------------------
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
---------------------------------------------------------------------------
Weitere Informationen: www.dpa-AFX.de
