RHÖN-KLINIKUM AG / Quarter Results/ForecastRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.
RHÖN-KLINIKUM AG, Bad Neustadt a.d.Saale• Q1 – Q3 2007:- Revenue € 1,5 billion / net consolidated profit € 86.9 million beforeminority interests in profit- EBITDA € 188.2 million / EBIT € 122.7 million- Growth in revenues and net consolidated profit underpin own forecast forfull-year result• Q3 2007:- Revenue € 505.6 million / net consolidated profit € 34.3 million - EBITDA € 63.2 million / EBIT € 41.9 millionBad Neustadt a.d.Saale, 25 October 2007 ----- The key results for Q3 2007as well as the cumulative results for the first nine months are todaypublished by RHÖN-KLINIKUM AG, the listed hospital group with headquartersin the Rhön. 'We have succeeded in continuing our growth course and furtherexpanding our market position despite the difficult environment', saidWolfgang Pföhler, chairman of the Board of Management of RHÖN-KLINIKUM AG.In the third quarter of 2007 the Group generated revenues of € 505.6million (Q3-2006: € 489.8 million); looking at the first 9 months of 2007,revenues recorded a rise of 5.9 per cent to total € 1,512.5 million(1-9/2006: € 1,427.9 million).Net consolidated profit (before minority interests in profit of € 1.6million/previous year: € 1.1 million) in the third quarter of 2007 reached€ 34.3 million (previous year: € 24.5 million). After deducting interestsof minority owners in profit amounting to € 1.6 million, this correspondsto an EpS of € 0.32 (previous year: € 0.23). 'Adjusted for the tax effectfrom the revaluation of the deferred tax items (€ 10.0 million) and therequired impairment on the value of the financial instruments (€ 1.4million after tax), an operating consolidated profit of € 25.7 million wasgenerated which exceeds net consolidated profit from the same quarter lastyear by € 1.2 million or 4.9%', explained Dietmar Pawlik, CFO ofRHÖN-KLINIKUM AG.In the first nine months the Group’s management recorded a net consolidatedprofit of € 86.9 million (previous year: € 70.1 million) before minorityinterests in profit amounting to € 3.9 million (previous year: € 3.1million). This corresponds to a rise of 24.0% (previous year: 4.5%) .'Without the aforementioned one-off tax effect and without the effect fromthe market valuation of our financial instruments, net consolidated profitrose by € 5.6 million or 8.0%, which is disproportionate to growth inrevenues and in line with our expectations. 'This development was madepossible in particular by improvements in pre-tax earnings at the hospitalsacquired since 2006', explains Wolfgang Pföhler, chairman of the Board ofManagement of RHÖN-KLINIKUM AG. 'Universitätsklinikum Gießen und Marburg GmbH contributed decisively to thepositive development in earnings. After reaching break-even in the firsthalf on 2007, this positive trend becomes more and more sustainable', saidGerald Meder, chairman of the Management Board of UniversitätsklinikumGießen und Marburg GmbH and deputy chairman of the Board of Management ofRHÖN-KLINIKUM AG.In the third quarter of 2007 the key ratio EBITDA saw an improvement by7.8% to € 63.2 million (previous year: € 58.7 million) and EBIT gained 6.4%to reach € 41.9 million (up from € 39.4 million the year before); earningsbefore tax (EBT) also improved, by 1.1% to € 34.2 million (vs. € 33.9million last year). Over the first nine months of 2007 EBITDA rose by 16,0%to € 188.2 million (previous year: € 162.3 million), EBIT by 11.1% to €122.7 million (previous year: € 110.5 million) and EBT by roughly 11.8% to€ 107.7 million (previous year: € 96.3 million).Compared with the previous year, the cost-of-materials ratio declinedslightly, whereas the personnel cost ratio saw a slight rise. Thisessentially comes as a result of the ten service companies that came onstream. The services purchased externally last year were fully recognisedas services procured under the item ‘materials and consumables used’,whereas this year they are reported under the employee benefits expenseitem.In the first nine months the operating cash flow grew by 15,3% to € 140.7million (previous year: € 122.0 million). 'In the third quarter of 2007,cash flow was € 47.5 million (€ 43.8 million). 'Our internal financingstrength has increased significantly', said Dietmar Pawlik.As at the reporting date (30 September 2007), the Group consolidates 46hospitals with 14,845 beds/places at a total of 35 sites. In the first ninemonths a total of 1,165,138 (1,037,764; + 127,374) patients were treated inthe Group’s facilities, with the third quarter accounting for 382,420 ofthese (previous year: 360,149; + 22,271).As at the reporting date 30 September 2007, the Group employed a staff of32,094 (31 December 2006: 30,409). The facility in Köthen, newlyconsolidated from 1 April 2007, added 396 new employees. By 30 September2007, following the integration of ten service companies, a total of 1,718employees were taken over from external service companies that hadpreviously served the Group. The hospitals consolidated at the end of 2006witnessed a slight decline in staff numbers. 'Given our positive expectations for business performance in the fourthquarter of 2007, we re-affirm our revenue forecast for the full year of € 2billion and the updated earnings forecast of just over € 110 million',stated Wolfgang Pföhler in closing.Sallwey & PartnerBrigitte SallweyTelemannstr. 18D-60323 Frankfurt/MainTel.: (+49)069-9720362825.10.2007 Financial News transmitted by DGAP
 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: fire.ir@rhoen-klinikum-ag.comInternet: www.rhoen-klinikum-ag.comISIN: DE0007042301WKN: 704230Indices: MDAXListed: Amtlicher Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service