Brief: M1 Kliniken FY Consolidated Net Income Up At EUR 9.7 Million

M1 Kliniken AG

15/04/2020 08:04

April 15 (Reuters) - M1 KLINIKEN AG  M12.DE :
    * PUBLISHES PRELIMINARY FIGURES FOR FISCAL YEAR 2019: NET
INCOME
INCREASES BY ALMOST 50 %
    * OUTLOOK 2020: CONTINUATION OF GROWTH PATH. TEMPORARY
BURDEN OF
CLOSURE OF CLINICS AND PRACTICES - RAPID CAPACITY UTILIZATION
EXPECTED AFTER REOPENING
    * FY GROUP SALES ROSE BY 18 % TO EURO 77.2 MILLION
    * FY CONSOLIDATED NET INCOME FOR YEAR INCREASES BY 47 % TO
EURO
9.7 MILLION
    * WILL PROPOSE TO ANNUAL GENERAL MEETING THAT NET PROFIT
SHALL BE
CARRIED FORWARD
    * FY EARNINGS BEFORE TAXES ROSE FROM EURO 8.1 MILLION TO
EURO 12.7
MILLION
    * CONTINUES TO PLAN TO OPERATE A TOTAL OF 100 SPECIALIST
CENTRES
FOR AESTHETIC MEDICINE BY END OF 2023 (STATUS AT END OF 2019:
36)
    * FY PROFIT (EBIT) INCREASED TO EURO 7.9 MILLION (+22%
COMPARED TO
PREVIOUS YEAR)
    * FY EARNINGS BEFORE TAXES ROSE FROM EURO 8.1 MILLION TO
EURO 12.7
MILLION

Source text for Eikon:  ID:nEQc0XZ0Ka 
Further company coverage:  M12.DE 

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