EANS-News: CompuGroup Medical AG - Second Quarter Results 2011
Geschrieben am 11-08-2011 |
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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6-month report
Koblenz (euro adhoc) - CompuGroup Medical AG today presented the
financial report for the second quarter of 2011. The company, one of
the leading global providers of eHealth solutions, achieved revenue
of EUR 87.8 million, an increase of 14 percent from EUR 76.7 million
in the second quarter 2010. To further increase growth in the coming
period, CGM entered the market for pharmacy information systems in
June by acquiring LAUER-FISCHER GmbH, one of the market leaders in
Germany.
The reported second quarter operating profit includes special one-off
transaction costs from the LAUER-FISCHER acquisition and
restructuring costs in the US. Without these special effects, the
adjusted second quarter EBITDA was EUR 18.2 million (reported: EUR
10.4 million), up from EUR 15.8 million in the same period last year.
The adjusted second quarter operating margin is stable year-over-year
at 21 percent.
Frank Gotthardt, Chairman of the Board of CompuGroup Medical AG,
stated: "We have just completed six months with special circumstances
and extraordinary effects compared to what is normal for our
business. Through prudent cost measures and discipline we continue to
deliver reasonable results in a challenging first half of 2011. With
the consolidation and restructuring now completed in the US we have
created the basis for a strong, profitable and growing business in
this market and with the additional power of our new colleagues in
LAUER-FISCHER we are ready for stronger growth and a more profitable
second half of the year."
Including all effects from the acquisition of LAUER-FISCHER,
CompuGroup Medical adjusts the 2011 guidance with group revenue to be
in the range of EUR 400 million to EUR 410 million and group
operating income (EBITDA) is expected to be in the range of EUR 75
million to EUR 81 million.
Conference Call for Journalists, Investors and Analysts: The
management board of CompuGroup Medical AG will go through the Q2
results at a conference for analysts and investors today at 15:00
hours CEST. The conference will be broadcast live via telephone (see
the following list of telephone numbers). Its recording can be
replayed later.
You can participate in this conference call by dialing one of the
following phone numbers: +49 69 2 10 86 97 03 (Germany) +44 16 16 01
89 02 (UK) +1 21 53 05 44 95 (USA) Participant code: 18561270
At the beginning of the conference call, a presentation will be made
available for download on the CompuGroup Medical website at
www.cgm.com. The presentation can be viewed live at
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
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 20 countries and
customers in 34 countries worldwide, CompuGroup Medical is the
eHealth company with one of the highest coverage among eHealth
service providers. Approximately 3600 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 8000-1293
F +49 (0) 261 8000-3284
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: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English
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