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16. November 2011, Koblenz

CompuGroup Medical AG – Third Quarter Results 2011

Koblenz – November 16, 2011: CompuGroup Medical AG today presented the financial report for the third quarter of 2011. The company, one of the leading global providers of eHealth solutions, achieved revenue of EUR 103.3 million, up 37 percent compared to the third quarter 2010. Operating profit (EBITDA) came in at EUR 23.3 million, an increase of 29 percent compared to the same period of 2010.

With this result, CompuGroup Medical AG continues to grow strongly with an unchanged business focus. The group strategy is based on the greatest coverage among healthcare providers (physicians, dentists, hospitals, pharmacies, etc.) worldwide. With the addition of the newly acquired pharmacy software business of LAUER-FISCHER, revenue in the HPS (Health Provider Services) business segment soared 46 percent to a record EUR 87.6 million in the quarter. Further progress was also made during the reporting period to develop the business in the United States. The consolidation and restructuring of the US business now shows clear positive effects, and for the first time the business had a positive quarterly operating profit (EBITDA) in the third quarter of 2011 alongside a steady increase in order bookings.

“We have pushed hard over the last 6-12 months with multiple acquisitions adding to the growth and strategic direction of our business. It is only natural that this was followed by a period with strong emphasis on consolidation and integration of the acquired companies. The third quarter this year shows the early fruits of our efforts to bring margins back in line and we will continue to work hard to further improve group profitability in the coming periods”, stated Frank Gotthardt, Chairman of the Board of CompuGroup Medical AG.

Following the third quarter, CompuGroup Medical refines the 2011 outlook with full year 2011 group revenue expected to be EUR 392 million with operating income (EBITDA) expected to be EUR 73 million.

Conference Call for Journalists, Investors and Analysts:
The management board of CompuGroup Medical AG will go through the Q3 results at a conference for analysts and investors today at 12:00 hours CET. The conference will be broadcast live via telephone.

You can participate in this conference call by dialing one of the following phone numbers:

49 (0) 69 2 10 86 97 03 (Germany)
44 (0) 16 16 01 89 02 (UK)
1 (0) 21 53 05 44 95 (USA)
Participant code: 18 56 12 70

A presentation will be made available for download on the CompuGroup Medical website at www.cgm.com. The presentation can also be viewed live at https://compugroup.webex.com.

About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies 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. CompuGroup Medical’s services are based on a unique customer base of over 385,000 doctors, dentists, hospitals, pharmacies and networks as well as other service providers. With locations in 20 countries and customers in 34 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3,600 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

Contact for media representatives:
CompuGroup Medical AG
Barbara Müller

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