Corporate News | 08/05/2010

RHÖN-KLINIKUM AG: RHÖN-KLINIKUM AG ends first half of 2010 with significant growth

RHÖN-KLINIKUM AG / Half Year Results05.08.2010 07:00Dissemination of a Corporate News, transmitted byDGAP - a company of EquityStory AG.The issuer / publisher is solely responsible for the content of this announcement.
RHÖN-KLINIKUM AG ends first half of 2010 with significant growth - More than 1 million patients treated in half-year period for the firsttime- Buoyant growth on half-year comparison: revenues EUR 1.26 billion(+10.7%) / net consolidated profit EUR 71.0 million (+7.9%)- EBITDA EUR 151.4 million (+7.8%) / EBIT EUR 98.3 million (+7.8%) - Forecast for full-year 2010 reaffirmedBad Neustadt a.d. Saale, 5 August 2010 Compared with H1 of last year, RHÖN-KLINIKUM AG generated significantgrowth in the first half of 2010:A total of 1,023,845 patients were treated in the Group's hospitals in thefirst six months of 2010. For the first time, then, more than 1 millionpatients put their trust in us during a half-year period. This translatesinto a rise of 13.4% compared with the same period last year. Revenuesclimbed by 10.7% to reach EUR 1.26 billion. Net consolidated profit alsorose by 7.9% to reach EUR 71.0 million in the first half of 2010. EBITDA inthe reporting period stood at EUR 151.4 million, exceeding the figure ofthe same period in 2009 by 7.8%. During the same period, EBIT grew by 7.8%to EUR 98.3 million.'In the first half of 2010, more patients than ever before chose to betreated in our facilities. The trust that people are placing in our medicalofferings confirms our integrated care concept. We are confident of beingable to continue our previously mapped out growth path', emphasisedWolfgang Pföhler, chairman of the Board of Management of RHÖN-KLINIKUM AG.Operating cash flow grew by 6.7% and reached EUR 124.3 million in the firstsix months of the current financial year.After deducting minority interests in profit of EUR 2.9 million from netconsolidated profit of the first half, EPS stands at EUR 0.49. Without thecapital increase - based on the previous volume of shares in circulation -earnings per ordinary share would be 0.66 euros (previous year: 0.60euros).Outlook'Given the outstanding first half, we are right on target and thereforeconfirm our forecast for financial year 2010 for revenues of EUR 2.6billion and net consolidated profit of EUR 145 million within a range ofplus/minus 5%', Pföhler said on publication of the H1 figures.The chairman of the Board of Management assumes that the Group's growthwill stay right on course for 2010. The takeover ofMEDIGREIF-Betriebsgesellschaft für Krankenhäuser und IntegrativeGesundheitszentren, the raising of the interest in AMPER-Kliniken AG aswell as the purchase of Salze Klinik I were referred by Pföhler as 'growthsteps' following the capital increase in 2009. 'We are currently engaged inseveral acquisition procedures for inpatient and outpatient facilities'.'Continuing the growth course and ensuring viable healthcare in the future'Looking ahead to 2011, Pföhler emphasised that the debate on the coreelements of the healthcare reform was being followed closely. The aim ofsecuring the future of our healthcare system was not something that couldbe reduced to financing and cost issues. Rather, quality and efficiencyreserves had to be unlocked in the system.'We are not able to gauge the economic impact of the healthcare reformright now. However, one thing is completely clear: we have demonstratedtime and again that we understand our work as a hospital Group and havelearned to cope with new framework conditions by introducing new measuresto adjust to these.Having efficient clinical processes across sectors was essential when itcame to unlocking further quality and efficiency reserves because'efficiency and good medical care go together'. Within its hospitalnetwork, RHÖN-KLINIKUM AG was committed to an integrated care network inwhich high-quality medical care will be offered over all care levels. 'Weare looking to forge ahead with the integration of outpatient-inpatientcare and to build bridges in the interests of our patients', Pföhler saidin conclusion.RHÖN-KLINIKUM AG is one of the largest healthcare providers in Germany. Itscorporate objective is high-quality medical care for everyone. Currently,our Group counts 53 hospitals at 42 sites as well as 31 medical carecentres (MVZs) throughout Germany. We employ more than 37,000 persons. Infinancial year 2009, roughly 1.8 million patients were treated in theGroup's facilities. More information is available WalterHead of Group Press and Public RelationsSchlossplatz 197616 Bad Neustadt a. d. SaalePhone: +49 9771 651322Fax: +49 9771 651820E-mail: Tramm Head of Investor RelationsRHÖN-KLINIKUM AGSchlossplatz 197616 Bad Neustadt a. d. SaalePhone: +49 9771 651318Fax: +49 9771 991736 E-mail: boris.tramm@rhoen-klinikum-ag.com05.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.Media archive at and
Language: EnglishCompany: RHÖN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a.d.Saale DeutschlandPhone: +49 (0)9771 - 65-0Fax: +49 (0)9771 - 97 467E-mail: rka@rhoen-klinikum-ag.comInternet: www.rhoen-klinikum-ag.comISIN: DE0007042301WKN: 704230Indices: MDAXListed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service