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04. August 2016, Koblenz

CompuGroup Medical Second Quarter Results 2016

CompuGroup Medical SE today presented the financial report for the second quarter of 2016. The company, one of the leading global providers of eHealth solutions, achieved revenue of EUR 136 million, a decrease of 2 percent compared to the same quarter in 2015. The operating profit (EBITDA) increased slightly and reached EUR 30 million. The corresponding operating margin was 22 percent compared to 21 percent in 2015.

Software maintenance and other recurring services is growing steadily with 4 percent at constant exchange rates, whereas revenue from lower margin activities such as hardware sales and professional services has been lower in the second quarter this year especially in the project-driven hospital business in Eastern Europe.

For the first and second quarters combined, revenue continues to grow and reached EUR 271 million for the first half of 2016. Profitability in the six month period is one percentage point higher than last year and drives a 5 percent increase in EBITDA up to EUR 61 million.

Frank Gotthardt, CEO and Chairman of the Board of CompuGroup Medical SE, stated: “The second quarter of 2016 did not fully live up to our expectations on the revenue side. On profitability however, we are fully in-line with our plans to continue CGM’s margin expansion. We have a clear picture on where we can improve and we enter the second half of the year with a broad range of initiatives and campaigns to deliver on our guidance and promises for the full year.”

CompuGroup Medical reaffirms the full year 2016 guidance presented in the 2015 Annual Report. Group revenue is expected to be in the range of EUR 560 million to EUR 570 million and operating income (EBITDA) is expected to be in the range of EUR 125 million to EUR 133 million.

Conference Call for Journalists, Investors and Analysts:

The management board of CompuGroup Medical SE will go through the Q2 results at a conference for analysts and investors today at 15:00 hours CEST.

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

+49 69 2 10 86 97 03 (Germany)
+44 16 16 01 89 02 (UK)
+1 86 69 10 29 03 (USA)

Participant code: 18 56 12 70

A presentation will be available for download on www.cgm.com/investor-relations prior to the conference call and can also be viewed live at: www.cgm.com/onlinepresentation .

About CompuGroup Medical SE

CompuGroup Medical is one of the leading eHealth companies in the world. With a revenue base of more than EUR 500 million, its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies, laboratories 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 approximately 400,000 doctors, dentists, pharmacists and other service providers in inpatient and outpatient facilities. With locations in 19 countries and products in more than 40 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 4,300 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

Contact for media representatives:
CompuGroup Medical SE
Oliver Bruzek
Chief Communication Officer
P +49 (0) 261 8000-6100
F +49 (0) 261 8000-3100
E-mail: press@cgm.com

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