EQS-News: MEDICLIN presents preliminary figures for the 2024 financial year

MEDICLIN generated group sales of EUR 748.8 mill. in the 2024 financial year (previous year: EUR 730.1 mill.). The group operating result reached EUR 53.5 mill. and was thus EUR 40.8 mill. higher than in the previous year (previous year: 2023: EUR 12.7 mill.). In 2023, the group operating result was heavily impacted by impairment of goodwill in the acute segment at EUR 33.1 mill. Sales growth and the group operating result are at the upper end of the annual forecast renewed in January 2025 (1.0% to 3.0% and EUR 48.0 to 54.0 mill.).

Tino Fritz, CFO of MEDICLIN, comments: "The sales growth and the positive development of the group operating result underline our operating performance in the second half of 2024. The consolidated EBIT of EUR 53.5 mill. is the result of the great commitment of the entire MEDICLIN workforce.   
      
Development in the segments

In the post-acute segment, sales increased by 7.6% to EUR 485.4 mill. (previous year: EUR 451.2 mill.). An operating result of EUR 52.3 mill. was achieved (previous year: EUR 52.7 mill.), which corresponds to a decrease of EUR 0.4 mill. or 0.8%. The sales and earnings performance of the post-acute segment was also positively influenced by a contribution from the “Reha-Klinik am Sendesaal”, which was acquired in 2024.

In the acute segment, sales totalling EUR 234.9 mill. were achieved (previous year: EUR 254.0 mill.). The decline in sales is mainly due to the sale of the former „MEDICLIN Herzzentrum Coswig“. The segment operating result amounted to EUR –0.6 mill. in 2024 after EUR –39.9 mill. in 2023. In 2023, it was heavily burdened by goodwill amortisation of EUR 33.1 mill.

As part of a reorganisation of segment reporting, we have split the previous "Other Activities" segment into the two independent "Service" and "Nursing care" segments. This reorganisation enables us to respond more specifically to the specific requirements and growth opportunities in these areas.

Sales in the nursing care segment rose to EUR 23.4 mill. in the reporting year (previous year: EUR 21.3 mill.), while the operating result in the nursing care segment totalled EUR 0.2 mill., as in the previous year.

In the Service segment, sales increased by EUR 13.3 mill. to EUR 94.6 mill.. At EUR 1.7 mill., the segment operating result was up EUR 2.0 mill. on the previous year (previous year: EUR –0.3 mill.).

Employees and investments

The number of employees (calculated in full-time equivalents) averaged 6,889 in the 2024 reporting year (previous year: 7,016 full-time equivalents). MEDICLIN invested in the future of the Group in 2024 with gross investments totalling EUR 46.2 mill. (previous year: EUR 38.8 mill.).
 

Key figures - yoy comparison of the Group and the segments
in million €	2024	2023
Group
Group sales	748.8	730.1
Raw materials and consumables used	129.1	137.4
Staff costs	466.3	460.6
Depreciation and amortisation	50.3	86.0
Other operating expenses	71.6	70.0
Group operating result	53.5	12.7
Total consolidated result	24.9	–10.7
Cash flow from operative activities	80.6	78.0
Earnings per share in € (un-/diluted)	0.52	–0.23
Number of employees  (full time staff on average)	6,889	7,016
Segments
Post-acute
Sales	485.4	451.2
Segment operating result	52.2	52.7
Acute
Sales	234.9	254.0
Segment operating result	–0.6	–39.9
Nursing care
Sales	23.4	21.3
Segment operating result	0.2	0.2
Service
Sales	94.6	81.3
Segment operating result	1.7	–0.3
(Due to arithmetical reasons, calculation differences may occur in the table above)

The Annual Report 2024 will be available from 28 March 2025 at www.mediclin.de in German and English.
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About MEDICLIN Aktiengesellschaft (Ticker: MED; WKN: 659 510)

MEDICLIN includes 31 clinics, six care facilities and ten medical care centers. The Group has around 8,200 beds/care places and employs around 9,900 people. In a strong network, MEDICLIN offers the patients integrative care from the first visit to the doctor through the operation and subsequent rehabilitation to outpatient aftercare. Doctors, therapists and nurses work together in a carefully coordinated manner. MEDICLIN designs the care and support of people in need of care according to their individual needs and personal needs.

MEDICLIN ─ a company of the Asklepios Group