Brief: MediClin Q1 EBIT Turns To Loss Of EUR 3.9 Million

MEDICLIN AG

04/05/2020 11:53

May 4 (Reuters) - MEDICLIN AG  MEDG.DE :
    * FREE BED CAPACITY LED TO A DECLINE IN SALES AND EARNINGS
IN THE
FIRST QUARTER OF 2020 - NO RELIABLE FORECAST FOR THE 2020
FINANCIAL YEAR YET POSSIBLE
    * Q1 GROUP SALES OF MEDICLIN AKTIENGESELLSCHAFT (MEDICLIN)
OF EUR
167.4 MILLION WAS AT LEVEL OF SAME QUARTER OF 2019.
    * GROUP-EBIT OF EUR -3.9 MILLION (Q1 2019: EUR 1.6 MILLION)
IS
REPORTED FOR Q1 OF 2020
    * DOES NOT ASSUME AT PRESENT THAT EXPECTATIONS PUBLISHED FOR
2020
FINANCIAL YEAR WILL BE REACHED.
    * AS SOON AS DEVELOPMENT CAN BE RELIABLY ESTIMATED,
MANAGEMENT
BOARD WILL ISSUE A NEW FORECAST FOR CURRENT FINANCIAL YEAR.
    * RETURN TO NORMAL NOT EXPECTED BEFORE SECOND HALF OF 2020

Source text for Eikon:  ID:nEQbfYyssa 
Further company coverage:  MEDG.DE 

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