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EANS-News: CompuGROUP achieved Record Results during the 2009 Economic Crisis The Koblenz-based medical software company increased revenues by 28% and earnings by 20%
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Koblenz (euro adhoc) - With revenues of almost 300 million euros (294.2)and
earnings before taxes, depreciation and amortization (EBITDA) of almost 60
million euros (59.1), the Koblenz-based CompuGROUP Holding AG, who specializes
in the healthcare information technology sector (HIT), again achieved record
results, despite the worldwide economic crisis in 2009.
"I am proud of the progress of our company and the performance of our
employees," said Frank Gotthardt, Founder and Chief Executive Officer. "The
progress we have made, in particular during the past two quarters, demonstrates
that we are successfully managing and continuing our growth by focusing on our
core business. This inspires all of us for 2010." With approximately 2,800
employees in 18 different countries, CompuGROUP develops intelligent software
for private practice physicians, dentists, hospitals and consumers, as well as
the most effective and most secure connectivity solutions for all participants
in the healthcare system.
In Germany alone, approximately one out of two private practice physicians uses
CompuGROUP systems and there are approximately 326,000 users worldwide. In
addition, intelligent CompuGROUP products utilize this extensive coverage to
support physicians and treatment teams in finding even better diagnostic and
treatment options for their patients during their daily clinical routine. This
is an innovative product and solution spectrum with enormous potential for
further development. In the fourth quarter of 2009, this amounted to revenue of
84.4 million euros. This is an increase of 19% compared to the same period last
year. Christian Teig, CompuGROUP CFO, could also announce an increase of 46% to
17.9 million euros in fourth quarter operating profit. "We were able to expand
our position as a market leader in many sectors, in a difficult economic
environment. For our shareholders, this translates to a cash net income of 0.74
euros per share for 2009. Not many companies are able to present such a result
to their shareholders during these tough economic times. We take great pride in
that."
CompuGROUP expects revenue between 315 and 330 million euros for 2010 and
operating profit (EBITDA) between 67 and 73 million euros. Aside from the
company´s ambitious growth goals, Frank Gotthardt sees a particular potential
for savings in the healthcare system, which could be achieved through increased
efficiency with the use of CompuGROUP products. "We are going on the assumption
that "more health" and "more efficiency" can be achieved in this area with the
use of our software solutions. These effects could be in the range of as much
as 15% of all healthcare spending. Since the patients feel better as a result,
one could also argue: More health - fewer expenses. We are working toward this
goal so we can participate in these improvements, achieved through our
solutions for medical workflow and decision support. That is my vision - and
not just for 2010."
Conference Call for Journalists, Investors and Analysts:
The management board of CompuGROUP Holding AG will go through the Q4 results at
a conference for analysts and investors today at 15:00 hours CET. The
conference will be broadcast live via telephone (see the following list of
telephone numbers). Its recording can be replayed later.
You can participate in this conference call by dialing one of the following
phone numbers:
+49 69 210869703 (Germany)
+44 16 16018902 (UK)
+1 2153054495 (USA)
Participant code: 671361
A presentation will be available for download on www.compugroup.com prior to
the conference call and can also be viewed live at:
https://compugroup.webex.com/
About CompuGROUP Holding AG
CompuGROUP is one of the leading e-health companies worldwide. Its software
products, designed to support all medical and organisational activities in
doctors´ offices 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. The services of
CompuGROUP are based on its unique customer base of around 326,000 doctors,
dentists, hospitals and networks as well as other service providers.
CompuGROUP is the e-Health company with the biggest coverage among e-health
service providers worldwide. The company operates in 14 European countries,
Malaysia, Saudi Arabia, South Africa and in the USA and currently employs
around 2,800 people.
Further inquiry note:
Barbara Zörner
Tel.: 0261-8000 1293
E-Mail: [email protected]
end of announcement euro adhoc
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issuer: CompuGROUP Holding AG
Maria Trost 21
D-56070 Koblenz
phone: +49 (0)261 80 00-0
FAX: +49 (261) 8000 1166
mail: [email protected]
WWW: http://www.compugroup.com
sector: Software
ISIN: DE0005437305
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English
Digitale Pressemappe: http://www.ots.at/pressemappe/EASY_14776
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