EANS-News: CompuGroup Medical AG - Preliminary Fourth Quarter Results 2011
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Annual Reports
Koblenz (euro adhoc) - February 3, 2012: CompuGroup Medical AG (CGM) today
presented the preliminary and unaudited financial report for the fourth quarter
of 2011. The company, one of the leading global providers of eHealth solutions,
achieved revenue of EUR 114.6 million, up 26 percent compared to the fourth
quarter 2010. Operating profit (EBITDA) came in at EUR 25.4 million, up from EUR
20.7 million in the same period of 2010.
With this result, CompuGroup Medical AG delivered a good finish to 2011, ahead
of what was expected for the quarter. For Ambulatory Information Systems (AIS),
revenue grew 26 percent year-on-year, of which 9 percent is organic growth. The
strong performance is both a normal seasonal fourth quarter effect and special
sales opportunities converted in 2011. The business with pharmaceutical
producers also had a good finish to 2011 with revenue in the area of
Communication & Data growing 8 percent, all of which is organic growth.
"I am glad that we followed up the encouraging results in the third quarter with
another solid delivery now in the fourth quarter. 2011 is clearly a year with
two distinct halves, where the challenges we faced in the first half were
positively turned around through consolidation and integration of acquired
companies. Our focus on profitability and balanced growth will continue in the
new year and I look forward to the further development of CGM together with my
3,600 colleagues worldwide" stated Frank Gotthardt, CEO of CompuGroup Medical
AG.
For the full year 2011, CompuGroup Medical achieved revenue of EUR 396 million
and EBITDA came in at EUR 73 million.
For 2012 CompuGroup Medical expects revenue between EUR 440 and 460 million and
operating profit (EBITDA) between EUR 95 and 105 million.
CGM's Annual Report including full year 2011 audited financials will published
on 29 March 2012.
Conference Call for Journalists, Investors and Analysts:
The management board of CompuGroup Medical AG will go through the Q4 results at
a conference for analysts and investors today at 15:00 hours CET. The conference
will be broadcast live via telephone.
You can participate in this conference call by dialing one of the following
phone numbers:
+49 (0) 69 2 10 86 97 03 (Germany)
+44 (0) 16 16 01 89 02 (UK)
+1 (0) 21 53 05 44 95 (USA)
Participant code: 18 56 12 70
A presentation will be made available for download on the CompuGroup Medical
website at {www.cgm.com}[HYPERLINK: http://www.cgm.com]. The presentation can
also be viewed live at {https://compugroup.webex.com}[HYPERLINK:
https://compugroup.webex.com].
About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its
software products are designed to support all medical and organizational
activities in doctors' offices, pharmacies and hospitals. Its information
services for all parties involved in the healthcare system and its web-based
personal health records contribute towards safer and more efficient healthcare.
CompuGroup Medical's services are based on a unique customer base of over
385,000 doctors, dentists, hospitals, pharmacies and networks as well as other
service providers. With locations in 19 countries and customers in 33 countries
worldwide, CompuGroup Medical is the eHealth company with one of the highest
coverage among eHealth service providers. Approximately 3,600 highly qualified
employees support customers with innovative solutions for the steadily growing
demands of the healthcare system.
Further inquiry note:
CompuGroup Medical AG
Barbara Müller
Consultant Press & Media
P +49 (0) 261 8000-6100
F +49 (0) 261 8000-3100
e-mail: press@cgm.com
end of announcement euro adhoc
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company: CompuGroup Medical AG
Maria Trost 21
D-56070 Koblenz
phone: +49 (0) 261 8000-0
FAX: +49 (0) 261 8000-1166
mail: investor@cgm.com
WWW: www.cgm.com
sector: Software
ISIN: DE0005437305
indexes:
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English