EANS-News: CompuGroup Medical AG - Preliminary Fourth Quarter Results 2011
03.02.2012 – 08:02
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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