Brief: MediClin Sees FY Operating Result Breakeven

MEDICLIN AG

03/11/2020 14:03

Nov 3 (Reuters) - MEDICLIN AG  MEDG.DE :
    * PUBLISHES FORECAST FOR FISCAL YEAR 2020
    * 9M SALES FELL 1.2 PERCENT TO 498.7 MILLION EUR
    * OCCUPANCY RATE IN OCTOBER IS ALSO CONSISTENTLY ABOVE LEVEL
OF
3RD QUARTER OF 2020 - WITH A SLIGHT UPWARD TREND.
    * IN FIRST NINE MONTHS OF 2020 FINANCIAL YEAR, MEDICLIN
ACHIEVED
CONSOLIDATED SALES OF EUR 498.7 MILL., EUR 6.0 MILL. OR 1.2%
LESS THAN IN SAME PERIOD OF PREVIOUS YEAR
    * 9M OPERATING RESULT WAS EUR 2.0 MILLION (9 M 2019: EUR
14.9
MILL.)
    * GROUP EBIT FOR FIRST HALF WAS EUR -8.8 MILL
    * ASSUMES THAT GROUP SALES ARE AROUND 2% BELOW PREVIOUS
YEAR'S
FIGURE AND GROUP OPERATING RESULT IS EXPECTED TO BE AT BREAKEVEN
POINT

Source text for Eikon:  ID:nEQ6ZgClKa 
Further company coverage:  MEDG.DE 

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