Corporate News | 02/14/2007

RHÖN-KLINIKUM AG: Preliminary trend figures for 2006

RHÖN-KLINIKUM AG / Final Results/Development of SalesCorporate news transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.
RHÖN-KLINIKUM AG, Bad Neustadt a. d. SaalePreliminary trend figures for 2006• Strong growth in revenue by 36.6% to € 1.934 billion• Own earnings forecast exceeded – net consolidated profit € 108.7 million • Group’s hospitals treat 1.394 million patientsBad Neustadt a. d. Saale, 14 February 2007 ----- The preliminary trendfigures for financial year 2006 published today by RHÖN-KLINIKUM Group,Germany’s first listed hospital group with headquarters in the Rhön,confirm the expected strong growth in revenue.The 36.6% jump in revenues to € 1.934 billion (previous year: € 1.416billion) stems primarily from the consolidation of UniversitätsklinikumGießen/Marburg from 1 February 2006. EBITDA* rose 6.8% to reach € 221.0million (previous year: € 206.9 million). Operating cash flow stood at €183.9 million, 18.2% above the previous year’s level (€ 155.6 million).EBIT** posted a 4.1% gain to reach € 145.9 million (previous year: € 140.1million).2006 net consolidated profit – before minorities – rose 23.1% to reach €108.7 million (previous year: € 88.3 million), exceeding the Management’sown expectations. Already in December 2006, the Group’s Management hadraised its own earnings forecast to € 106 million to reflect the revisionof Section 37 (5) German Corporation Tax Act and the resulting one-off taxeffect. The earnings-per-share figure was € 2.02 (previous year: € 1.61).During the year ended 31 December 2006, the Group's hospitals treated atotal of 1,394,035 patients (previous year: 949,376), of which 526,226(previous year: 410,585) in the acute inpatient, 858,708 (previous year:529,860) in the outpatient and 9,101 (previous year: 8,931) in the rehaband other areas.Financial year 2006 saw the first-time consolidation of the newly acquiredfacilities Heinz-Kalk-Krankenhaus Bad Kissingen, Frankenwaldklinik inKronach (from January 2006) and Universitätsklinikum Gießen/Marburg (fromFebruary 2006). At the end of financial year 2006 the 45 consolidatedhospitals owned by RHÖN-KLINIKUM AG as at 31 December 2006 thus had over14,703 beds/places (previous year: 12,217).The newly acquired facilities consolidated for the first time in 2006contributed € 418.9 million to revenues. These facilities burdened EBITDAby -€ 4.5 million, EBIT by -€ 9.4 million, and net consolidated profit by-€ 5.9 million. Of this, Universitätsklinikum Gießen und Marburg accountedfor revenues of € 378.2 million as well as a loss of € 7.5 million, withthe two other hospitals contributing € 1.6 million to net consolidatedprofit.'With our proven dual strategy of ‘acquisitions with integration offacilities’, we will continue to generate viable and profitable growth –not quick revenue growth at all costs', said Wolfgang Pföhler, chairman ofthe Board of Management of RHÖN-KLINIKUM AG. 'The fundamental principle ofour business activity is our generalised healthcare delivery approach: inall regions throughout Germany we treat all patients, whether covered bystatutory healthcare plans or private healthcare funds, and in all clinicalareas – from emergency patients to just about any conceivable electiveoperations – by means of a sustainable and efficient organisation ofservice volumes.'For financial year 2007 the Group’s Management – without taking account ofadditional acquisitions and/or extraordinary factors – is forecastingrevenues of € 2.0 billion and net consolidated profit of € 100.0 million______________Note to the editor: We kindly ask you to include the following IR events inyour event calendar:Thursday, 19 April 2007 – 10.00 a.m.Results press conferenceMARITIM Hotel, Theodor-Heuss-Allee 3,D-60327 Frankfurt/MainThursday, 31 May 2007 – 10.00 a.m.Annual General MeetingCongress Center Messe FrankfurtLudwig-Erhard-Anlage 1,D-60327 Frankfurt/MainBrigitte SallweySallwey & PartnerTelemannstr. 18D-60323 Frankfurt/MainTel.: (+49)069 97 203 628e-Mail: sallwey@rhoen-klinikum-ag.comDGAP 14.02.2007
Language: EnglishIssuer: RHÖN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a.d.Saale DeutschlandPhone: +49 (0)9771 - 65-0Fax: +49 (0)9771 - 97 467E-mail: www.rhoen-klinikum-ag.comISIN: DE0007042301WKN: 704230Indices: MDAXListed: Amtlicher Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service