CompuGROUP guides to ca. 40% more profit for 2007
Koblenz (euro adhoc) -
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Coblenz, 19th June 2007 - Today, CompuGROUP issued its guidance for
revenue and profitability for the year 2007. The Executive Board expects
for the full 2007 revenue and EBITDA to grow about 40 pc and a growth rate
of about 50 pc for "Cash Net Income". Shareholders acquiring shares at the
recent public offering have predominantly looked at measuring
profitability by Cash Net Income which is net income plus amortization of
intangibles resulting from the acquisition of companies.CompuGROUP issues this guidance at its annual shareholders meeting in
Frankfurt today. CompuGROUP went to the public market in early May selling
shares at EUR 18 per share. Today, at its first annual shareholders
meeting after being listed in the Prime Standard of the Frankfurt stock
exchange, CompuGROUP institutes the policy to issue guidance on revenue
and profitability for the year.Main growth
CompuGROUP expects 25 percentage points of the growth rate for the profit
to be achieved with its traditional products doctors' software and
communication services between doctors and other participants of the
health sector and 15 percentage points to result from the new product
software for hospitals.The growth rate translates into sales of about EUR 190-200 million, EBITDA
of about 55 million and Cash Net Income of about 37 million.CompuGROUP is the European market leader in software for doctors'
practices and also provides communication services for the health sector,
software for hospitals and consumer oriented health services like the
personal web-based health record for persons preferring to have their own
information and their own control of their personal health records.
About CompuGROUP Holding AG
CompuGROUP is one of the leading E-health companies in Europe. Its
products offer efficient communication , cost-effective organisation and
secure documentation as well as enhancing quality levels within the
healthcare system and providing medical expert systems. The company's
software and communication solutions support around 255,000 doctors,
dentists, hospitals, associations and networks as well as other service
providers in Europe. More than 50 subsidiary companies operate in 9
countries under the CompuGROUP Holding AG umbrella and the company
currently has around 1,500 employees.end of announcement euro adhoc 19.06.2007 07:30:00
Further inquiry note:
For further inquiries (including image material) please contact :
CompuGROUP Holding AG
Peter Michels
Marketing and Communication
Tel: +49 (261) 80 00 1284
Fax: +49 (261) 80 00 1687
E-mail: presse@compugroup.com
Branche: Software
ISIN: DE0005437305
WKN: 543730
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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