MPH Health Care AG: 1st half of 2020
DGAP-News: MPH Health Care AG
/ Key word(s): Half Year Results/Development of Sales
MPH Health Care AG: 1st half of 2020 - portfolio companies partly affected by corona restrictions. Net Asset Value (NAV) is at 5.58 Euro
MPH's listed and major associated companies developed as follows in the first half of 2020:
HAEMATO AG was able to ensure the regular course of business as far as possible despite the corona restrictions with numerous organisational measures and to guarantee a constant supply of goods to customers. With a turnover of 115.8 million Euros in the first half of 2020 the company exceeded the previous year's value by a good 23 %. EBITDA for the first six months amounts to TEUR 2,066, which is also around 23 % above the comparable figure for the previous year of TEUR 1,675. The equity ratio as of 30 June 2020 increased from 56.2 % (previous year) to 61.3 %.
In the first quarter of 2020, M1 Kliniken AG was able to continue its strong growth course of the 2019 financial year. Three new practices (London, Liverpool and Graz) have already been opened. For the second half of 2020, further practice openings are firmly on the agenda.
For CR Capital Real Estate AG, the fiscal year 2019 developed very positively. In order to set the course for future growth and the expansion of the business model towards a real estate investment company, accounting was changed to IFRS 10 at the end of last year. Due to the valuation of the investments of CR Capital Real Estate AG at fair value, the net income for the year increased to more than EUR 90 million (previous year: EUR 7.8 million). Equity rose to approx. EUR 200 million (previous year: EUR 35.4 million).
The half-year report 2020 of MPH Health Care AG is available for download at: www.mph-ag.de/investor-relations.
About MPH Health Care AG:
MPH AG is an investment company with a strategic focus on the purchase, development and sale of companies and company shares, particularly in growth segments of the healthcare market. This includes both insurance-financed and privately financed segments. However, MPH also exploits potentials outside the healthcare market in sectors with strong growth and earnings. MPH Health Care AG is listed on the Basic Board (Open Market) of the Frankfurt Stock Exchange.
Patrick Brenske, Management Board
02.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||MPH Health Care AG|
|Grünauer Straße 5|
|Phone:||030 / 863 21 45 60|
|Fax:||030 / 863 21 45 69|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1126633|
|End of News||DGAP News Service|