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Corporate News | 11/07/2013

RHÖN-KLINIKUM AG: Continued Growth in Patient Numbers and Revenues

RHÖN-KLINIKUM AG / Key word(s): Quarter Results07.11.2013 / 07:00


Press Release

RHÖN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a. d. Saale Germany http://www.rhoen-klinikum-ag.com

Interim Report on Q3: Continued Growth in Patient Numbers and Revenue - Sale of 43 Hospitals Proceeding on Schedule

- Patient numbers increase 5.6% year-on-year on a nine-month basis

- Revenue grows 6.3% to EUR2.26 billion

- EBITDA goes up by 3.3%

- Transaction on schedule - transfer of companies expected in the planned volume by the end of the year

Bad Neustadt a. d. Saale, November 7, 2013

In the first three quarters of 2013, patient numbers and revenue in RHÖN-KLINIKUM AG's Group continued to rise year-on-year. Including the Wiesbaden-based Dr. Horst Schmidt Kliniken, first consolidated in May 2012, a total of 2,005,206 patients were treated in the first nine months, 5.6% more than in the same period of the previous year. Revenue increased by 6.3% to EUR2.26 billion.

In the reporting period, EBITDA climbed to EUR223 million or by 3.3% compared to the previous year's figure. Consolidated net profit was EUR68 million in the reporting period, 3.0% lower than in the same period of 2012. However, the profit items for both the previous year's figures and the current financial year are affected by extraordinary effects: In 2012, the negative effects mainly related to the Fresenius takeover bid and setbacks in major restructuring projects. In 2013, the extraordinary effects primarily relate to consulting costs and extraordinary tax items recognized as expense in connection with the planned sale of 43 hospitals to Fresenius/Helios. After deducting non-controlling interests of EUR2.5 million from the consolidated net profit of the first nine months, earnings per share amount to EUR0.48.

The announced sale of a portfolio of 43 hospitals to Fresenius/Helios is proceeding on schedule. 'We are confident that a package of hospitals will be transferred by the end of the year with an enterprise value of at least 70% of the agreed transaction volume,' said CFO Jens-Peter Neumann.

Outlook:

Due to the effects of the ongoing transaction with Fresenius/Helios on the Group's balance sheet and profit structure, RHÖN-KLINIKUM AG is still not publishing a quantitative outlook for the current financial year. In the medium term, the company expects organic growth rates of between 3.5% and 4.5% a year for the new hospital group. In addition, an EBITDA margin of 14% seems realistically achievable by 2015.

'With the planned sale of 43 hospitals to Fresenius/Helios and the accompanying focus on top-quality full medical care, we are opening a new chapter in the history of our company. With the new portfolio of ten selected hospitals, we will not only shape our own future confidently and assertively, but also provide major impetus for the development of in-patient healthcare in Germany,' said Dr. Dr. Martin Siebert, Chairman of the Board of Management.

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RHÖN-KLINIKUM AG is one of the largest healthcare providers in Germany. Its corporate objective is high-quality medical care for everyone. Currently, our Group counts 54 hospitals at 43 sites throughout Germany. We employ around 43,000 people. In financial year 2012, more than 2.5 million patients were treated in the Group's facilities. Further information is available at: www.rhoen-klinikum-ag.com.

Contacts:

RHÖN-KLINIKUM AG

Achim StruchholzHead of Corporate Communications Schlossplatz 197616 Bad Neustadt a. d. SaaleGermanyPhone: +49 (0)9771 65-1327Fax: +49 (0)9771 65-1820E-mail: kommunikation(at)rhoen-klinikum-ag.com

Dr. Kai G. KlingerHead of Investor RelationsRHÖN-KLINIKUM AGSchlossplatz 197616 Bad Neustadt a. d. SaaleGermanyPhone: +49 (0)9771-65-1318Fax: +49 (0)9771-99-17 36E-mail: kai.klinger(at)rhoen-klinikum-ag.com

End of Corporate News
07.11.2013 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: RHÖN-KLINIKUM AG
Schlossplatz 1
97616 Bad Neustadt a.d.Saale
Germany
Phone: +49 (0)9771 - 65-0
Fax: +49 (0)9771 - 97 467
E-mail: rka@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

238412  07.11.2013