Koblenz - 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.
CompuGroup Medical reaffirms the 2012 outlook presented in the
financial report for the second quarter 2012 with full year group
revenue expected to be in the range of EUR 450 million to EUR 460
million and operating income (EBITDA) expected to be in the range
of EUR 100 million to EUR 105 million.
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 is available for download on CGM's website at www.cgm.com and can also 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, 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.
Contact for media representatives:
CompuGroup Medical AG
Barbara Müller
Consultant Press & Media
P +49 (0) 261 8000-6100
F +49 (0) 261 8000-3100
e-mail: PRESS