Financial News

New medical services generate growth of organic revenue and operating result In comparison to the previous year, the Asklepios Group has increased the number of patients by +14.7 per cent, reaching nearly two million. Thereby, their position as a leading private hospital group in Germany was once again confirmed.

Increase of more than nine percent in number of cases Asklepios Kliniken have expanded their position substantially by increasing their share in MediClin AG to over 52 percent. Moreover, in the past year, patient numbers recorded a significant increase to more than 1.7 million, a rise of 9.1 percent.

First full consolidation of MediClin AG Asklepios’s majority takeover of MediClin AG in September 2011 has helped the group report a sharp increase in third quarter turnover, up 8.6 percent at EUR 1,832.6 million (Q3/2010: EUR 1,687.8 million). It also reported a strong rise in the number of patients treated, up 8.4 percent to over 1,296,000.

Consolidated earnings come under pressure from Greek write-down In its first half-year 2011 results, Asklepios reported a sharp improvement in the number of treated patients which rose a strong 6.1 percent to over 857,000. Revenues also rose 6.0 percent over the same period to EUR 1,188.2 million (H1/2010: EUR 1,139.3 million). The income side was nevertheless offset by higher material costs and a non-cash-effective special effect which placed the group’s half-year results under considerable pressure, causing an extraordinary fall in profits to EUR 6.8 million (H1/2010 EUR 53.7 million).