MediClin AG: – Biotech Investments

MediClin AG / Key word(s): Profit Warning/Forecast

MediClin AG:

19-Jan-2024 / 08:51 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

Offenburg, January 19, 2024

MEDICLIN close to the sale of Herzzentrum Coswig; impairment losses lead to new, adjusted forecast for 2023

MEDICLIN Aktiengesellschaft (“MEDICLIN”) is on the final stage of selling the MEDICLIN Herzzentrum Coswig, Coswig. An agreement on all key points has already been reached with the potential buyer. The sales negotiations are in the final phase and a sale is assumed to be more likely than not. As part of the sales process, the MEDICLIN Herzzentrum Coswig will be reported as “assets held for sale” in the 2023 consolidated financial statements. There will be an impairment depending on the final purchase price, which, together with additionally identified impaired goodwill for two other facilities in the acute segment, will lead to a total negative impact on Group-EBIT of around EUR 30 million. Due to the negative impact on earnings, a Group-EBIT of EUR 10-15 million is now expected for 2023 instead of the published guidance of EUR 36-38 million.

Contact for further information:

MEDICLIN Aktiengesellschaft
Okenstrasse 27
77652 Offenburg

Ender Gülcan
Head of Investor Relations
Phone: +49 781/488-326
Fax: +49 781/488-184
ender.guelcan@mediclin.de
www.mediclin.de

End of Inside Information


19-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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