EANS-News: Marseille-Kliniken AG achieves strong earnings improvement
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Financial Figures/Balance Sheet/Preliminary half yearly results Subtitle: - EBIT improved by more than 50 percent to EUR 5.0 million - Revenues increased slightly to EUR 96.4 million - Focusing on operational business clearly proves to be successful - Earnings guidance of EUR 10.0 million for complete financial year confirmed Hamburg, Germany (euro adhoc) - 20 January 2012 - Marseille-Kliniken AG could improve its profitability in the first half of the 2011/2012 financial year (1 July through 31 December 2011) according to preliminary figures. EBIT rose by 56 percent to EUR 5.0 million (previous year: EUR 3.2 million). The occupancy rate rose to 88.6 percent after an average of 87.1 percent in the past financial year. Revenues increased slightly to EUR 96.4 million (previous year: EUR 95.2 million). "This further improvement of the profitability shows that our focusing on the operational business could be successfully realized. We expect this positive development to continue also in the whole financial year", says Michael Thanheiser, chairman of Marseille-Kliniken AG. In the previous financial year and in the first six months of the 2011/2012 financial year, Marseille-Kliniken AG reinforced its focus towards the core competencies in inpatient and outpatient care for the elderly, strengthened its quality leadership, and introduced a new, decentralised management structure. Moreover a programme carried out to optimise costs also played a role in supporting the company's economic recovery. Marseille-Kliniken AG operates a total of 60 care facilities across Germany, with a sales capacity of 7,940 beds on 31 December 2011. Against the backdrop of the half yearly results, Marseille-Kliniken AG confirms its forecast for the 2011/2012 financial year, which calls for a slight revenue increase and Group EBIT of EUR 10.0 million, well above the previous year's level. Most important aspect will remain the focusing on the core competency in the nursing care business. Marseille-Kliniken AG will release the full results for the first half of the 2011/2012 financial year on 8 February 2012. The corresponding half yearly report will then be made available to the public on the company's website at www.marseille-kliniken.com. Further inquiry note: Christian Hillermann Hillermann Consulting Investor Relations for Marseille-Kliniken AG Poststraße 14/16 20354 Hamburg Germany Tel.: +49-(0)40 / 320 279-10 Fax: +49-(0)40 / 320 279-114 www.marseille-kliniken.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Marseille-Kliniken AG Alte Jakobstraße 79/80 D-10179 Berlin phone: +49 (0)30 246 32-400 FAX: +49 (0)30 246 32-401 mail: info@marseille-kliniken.de WWW: http://www.marseille-kliniken.de sector: Pharmaceuticals ISIN: DE0007783003 indexes: CDAX, Classic All Share, Prime All Share stockmarkets: free trade: Berlin, Düsseldorf, Stuttgart, regulated dealing: Hamburg, regulated dealing/prime standard: Frankfurt language: English
Original content of: Marseille-Kliniken AG, transmitted by news aktuell