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PRESS RELEASE: MediClin AG: MEDICLIN has achieved the revised targets for 2020

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DGAP-News: MediClin AG / Key word(s): Preliminary Results
MediClin AG: MEDICLIN has achieved the revised targets for 2020
2021-02-26 / 14:15
The issuer is solely responsible for the content of this announcement.
Offenburg, February 26, 2021
MEDICLIN has achieved the revised targets for 2020
In the 2020 financial year, Group sales of MEDICLIN Aktiengesellschaft (MEDICLIN) of EUR 659.9 mill. were EUR 13.2
mill. or 2.0% below the previous year's value. The preliminary Group operating result is EUR 0.2 mill. (previous year:
EUR 22.4 mill.).
Targets achieved despite the start of the 2nd wave of the pandemic at the end of the year
In April 2020, the original forecast for the 2020 financial year had to be withdrawn due to the corona pandemic,
MEDICLIN published an outlook for 2020 at the beginning of November 2020. A continued positive development in patient
intake with a stable infection rate was assumed. A decrease in sales in the Group of 2.0% and a Group operating result
in the amount of the breakeven point were anticipated.
The effects of the pandemic have left their mark on business development
The effects of the corona pandemic left their mark on MEDICLIN's business development in 2020, despite the state
protective shield and subsidies from the cost providers. In the first half of 2020 in particular, capacities were kept
free for corona patients in both the acute clinics and the rehabilitation clinics. A slow ramp-up of capacities to
normal operation under strict hygiene regulations allowed the capacity utilization to rise again somewhat in the second
half of the year. At the end of the year, the strongly increasing number of infected people and the general reluctance
of the population to undergo acute treatment in the current situation had a dampening effect on the occupancy rate in
the rehabilitation clinics.
Fewer patients in the post-acute segment - Nursing segment stable
In the post-acute segment, sales fell by EUR 23.0 mill. or 5.5% to EUR 393.7 mill. (previous year: EUR 416.7 mill.).
The preliminary segment result is EUR 4.8 mill. (previous year: EUR 23.1 mill.).
In the acute segment, sales of EUR 248.7 mill. were EUR 12.1 mill. or 5.1% above the previous year's figure (previous
year: EUR 236.6 mill.). The preliminary segment result is EUR -1.5 mill. (previous year: EUR 1.6 mill.). The segment
result is burdened by a one-off effect of EUR 1.4 mill. from a book value depreciation resulting from the sale of
MediClin Krankenhaus am Crivitzer See GmbH, Crivitz, as of December 31, 2020.
The nursing care business area generated sales of EUR 15.8 mill. (previous year: EUR 15.3 mill.).
The number of staff rose slightly in 2020
The average number of full-time employees in 2020 was 7,471 full-time employees (previous year: 7,431 full-time
employees). The number of trainees in the reporting year amounted to an average of 361 trainees (previous year: 328
trainees).
Sound financial structure
In the 2020 financial year, EUR 26.6 mill. (previous year: EUR 48.2 mill.) was invested in non-current assets (gross
amount). A total of EUR 16.1 mill. (previous year: EUR 17.5 mill.) was spent on maintenance and repair. At the end of
the year, liquid funds were above the previous year's value, mainly due to cost-cutting measures, deferred investment
projects and liquidity inflows within the framework of the protective shield.
The equity ratio as of the balance sheet date was 19.9% (December 31, 2020: 21.2%).
The 2020 annual report will be available in German and English from March 26, 2021 at https://www.mediclin.de/
investor-relations/finanzpublikationen/.
/

About MEDICLIN AG (Ticker: MED; WKN: 659 510)
MEDICLIN owns 35 clinics, seven nursing care facilities and ten medical care centres. The Group has about 8,350 beds/
places and a headcount of about 10,300. With its strong network, MEDICLIN can offer its patients integrated care from
the first visit to the doctor to surgery, post-operative rehabilitation and follow-up care at home. Doctors, therapists
and nurses work together closely to achieve the best results. MEDICLIN plans the care of persons in need in accordance
with their individual requirements and personal needs.
MEDICLIN - A company of the Asklepios Group.
2021-02-26 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: MediClin AG
Okenstraße 27
77652 Offenburg
Germany
Phone: +49 (0)781 488-326
Fax: +49 (0)781 488-184
E-mail: alexandra.muehr@mediclin.de
Internet: www.mediclin.de
ISIN: DE0006595101
WKN: 659510
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1171594

End of News DGAP News Service

1171594 2021-02-26

END) Dow Jones Newswires

February 26, 2021 08:16 ET ( 13:16 GMT)
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