- Global Pharma News & Resources

Medios AG continues dynamic growth in third quarter - Forecast for 2019 financial year confirmed

DGAP-News: Medios AG / Key word(s): Quarter Results/9 Month figures

30.10.2019 / 10:00
The issuer is solely responsible for the content of this announcement.

Corporate News

Medios AG continues dynamic growth in third quarter - Forecast for 2019 financial year confirmed

  • Sales up by almost 60 per cent in the third quarter of 2019
  • Adjusted EBITDA* and EBT* both climb by more than 80 per cent
  • Management Board continues to expect more than half a billion euros in sales and significant earnings increases for 2019

Berlin, 30 October 2019 - Medios AG ('Medios'), one of the leading Specialty Pharma companies in Germany, continued its dynamic growth in the third quarter of 2019 as expected and confirms the forecast for the 2019 financial year, which was significantly raised in September. According to IFRS, group sales in the period from July to September 2019 increased by 58.9 per cent year-on-year to EUR 143 million (previous year EUR 90 million). Group earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for extraordinary expenses*, rose by 81.0 per cent to EUR 6.37 million (previous year EUR 3.52 million). Group earnings before taxes (EBT), adjusted for extraordinary expenses*, climbed by 80.3 per cent to EUR 5.95 million (previous year EUR 3.30 million). The reason for the disproportionately high development of earnings compared to sales was the particularly strong growth in the business unit Patient-Specific Therapies. Net income of EUR 0.8 million from the sale of the office building in Stieffring, which had been acquired in March 2017, was also recorded.

In the first nine months of the 2019 financial year, Medios' group sales increased by 58.3 per cent year-on-year to EUR 372 million (previous year EUR 235 million). Adjusted EBITDA* rose by 64.7 per cent to EUR 14.1 million (previous year EUR 8.56 million). Adjusted EBT* climbed 59.4 per cent to EUR 12.8 million (previous year EUR 8.03 million).

Matthias Gärtner, CFO of Medios AG: 'In the first nine months of 2019, Medios already generated significantly more sales than in the entire 2018 financial year. We benefited not only from the sustained high demand for specialty pharmaceuticals, but also in particular from the increasingly positive impulses provided by our increased growth investments. The business development makes us very confident that we will achieve the forecasts for 2019, which had been raised significantly in September, and thus generate sales of more than half a billion euros for the first time.'

Medios confirms its forecasts for the 2019 financial year. Accordingly, the Management Board expects, on IFRS basis, group sales of EUR 500 to 510 million (previous year EUR 328 million), adjusted EBITDA* of EUR 17 to 18 million (previous year EUR 11.7 million) and adjusted EBT* of EUR 15 to 16 million (previous year EUR 11.0 million). This corresponds to an increase in sales of 52.4 to 55.5 per cent and an increase in earnings of 45.3 to 53.8 per cent and 36.4 to 45.5 per cent respectively compared to the previous year. As far as currently foreseeable, the forecasts take into account legal changes and additional growth investments.


* EBITDA and EBT are each adjusted proportionately for extraordinary expenses for stock options in the amount of EUR 1.28 million (non-cash) for the 2019 financial year. EBT are also adjusted proportionately for extraordinary expenses for amortization of EUR 0.60 million (non-cash) on the customer base as a result of the acquisition of parts of BerlinApotheke Schneider & Oleski oHG in the 2019 financial year.

About Medios AG
Medios AG is one of the leading Specialty Pharma companies in Germany. As a specialist for the provision of Specialty Pharma drugs to patients and GMP-certified provider of patient-specific therapies, Medios covers substantial elements of the supply chain in this field and follows the highest international quality standards. Usually, Specialty Pharma drugs are high-priced medicines for rare and/or chronic diseases. Patient-specific therapies are, for example, infusions that are compiled and produced on the basis of individual diseases and parameters like body weight and surface. It is Medios' aim to provide integrated solutions along the value chain to partners and clients, thereby ensuring an optimal pharmaceutical care for patients.

Medios AG is Germany's first publicly listed Specialty Pharma company. The share (WKN: A1MMCC, ISIN: DE000A1MMCC8) is listed in the Regulated Market of the Frankfurt Stock Exchange (General Standard).

Kirchhoff Consult AG
Nikolaus Hammerschmidt
Borselstraße 20
22765 Hamburg
Tel.: +49 40 60918618
Fax: +49 40 60918660

This notification contains forward-looking statements that are subject to certain risks and uncertainties. Future results may significantly deviate from currently expected results, specifically due to various risk factors and uncertainties such as changes in business, economic, and competitive circumstances, exchange rate fluctuations, uncertainties about legal disputes or investigations, and the availability of financial resources. Medios AG assumes no responsibility whatsoever for updating the forward-looking statements contained in this notification.

30.10.2019 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

Language: English
Company: Medios AG
Friedrichstraße 113a
10117 Berlin
Phone: +49 30 232 566 - 800
Fax: +49 30 232 566 - 801
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf
EQS News ID: 899539

End of News DGAP News Service

Editor Details

Last Updated: 30-Oct-2019