EANS-News: CompuGroup Medical AG - Preliminary Results 2012
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quarterly report
Koblenz (euro adhoc) - February 1, 2013: CompuGroup Medical AG (CGM) today
presented the preliminary and unaudited financial report for 2012. The company,
one of the leading global providers of eHealth solutions, achieved full year
2012 revenue of EUR 451 million, corresponding to 13 percent growth.
Consolidated EBITDA amounted to EUR 105 million compared to EUR 73 million in
2011. This represents an increase of EUR 32 million and 44 percent respectively.
The corresponding operating margin was 23 percent compared to 18 percent in
2011.
With this result, CompuGroup Medical AG delivered a good finish to 2012. For the
fourth quarter alone, revenue was EUR 120.1 million, up 4 percent compared to
the fourth quarter 2011. Operating profit (EBITDA) came in at EUR 28.6 million,
an increase of 13 percent compared to the same period last year. This
corresponds to a fourth quarter operating margin of 24 percent, up from 22
percent last year. The Hospital Information Systems (HIS) business had an
especially strong fourth quarter with 12 percent year-on-year organic growth.
The positive seasonal uplift in the hospital business was particularly
pronounced in the markets in Poland, Austria and Switzerland.
"We reached our goals in 2012. We are closing in on the ½ billion Euro revenue
mark while at the same time achieving the highest operating margin in 5 years
and with a sharp profitability increase from last year. On top of this, we
carried out a tremendous amount of systematic groundwork for the future in 2012
and our organization and product portfolio have never been stronger. 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 2013 CompuGroup Medical expects revenue between EUR 470 and 490 million and
operating profit (EBITDA) between EUR 115 and 125 million.
CGM's Annual Report including full year 2011 audited financials will published
on 28 March 2013.
Conference Call for Journalists, Investors and Analysts:
The management board of CompuGroup Medical AG will go through the results at a
conference call 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 34 countries
worldwide, CompuGroup Medical is the eHealth company with one of the highest
coverage among eHealth service providers. Approximately 3,500 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