26/11/2018

PRESS RELEASE

HYGEIA GROUP - 9M 2018 Financial Results

  • Consolidated EBITDA from continuing operations continued the upward trend, reaching €27.3m and recording a 23.5% rise.

  • Consolidated sales for the Group from continuing operations amounted to €161.8m, posting an increase of 6.2%.

Within its obligation to inform the investor community, company DIAGNOSTIC & THERAPEUTIC CENTER OF ATHENS HYGEIA SA announced the main consolidated operating results for 9M 2018.

The consolidated results for the interim periods ending 30/09/2018 and 30/09/2017 include the cutbacks when invoicing hospitalization fees and diagnostic tests for individuals insured with national insurer EOPYY (rebate and claw-back), which were implemented as of 01/01/2013 and will continue to be in force until 31/12/2022, pursuant to Article 100 of Law 4172/2013 (Government Gazette Vol. A 167), as amended and in force.

Million €

9M 2018

9M 2017

% Change

Group

Revenue

161.8

152.3

6.2%

EBITDA(1)

27.3

22.1

23.5%

(1) Results before taxes, financial and investment results, depreciation and amortization.

HYGEIA Hospital SA was founded in 1970 and has since been active in the provision of primary and secondary healthcare services, occupying a leading position in the private Greek healthcare sector. The Company is listed in the Athens Exchange and employs over 2,650 people and more than 3,800 associate physicians at Group level. HYGEIA Group currently owns 3 hospitals in Greece (HYGEIA, MITERA & LETO), with a total capacity of 874 licensed beds, 45 operating rooms, 14 delivery rooms and 9 ICUs. It is also owns a Molecular Biology & Cytogenetics Center (AlfaLab) and a company trading in special materials, consumables, pharmaceuticals and general medical supplies (Y-LOGIMED). Furthermore, it is active in the area of research, production and trading of medical cosmetics (BEATIFIC).

On November 9, 2018, Hellenic Healthcare Single-Member Holdings SA acquired a 70.38% stake in HYGEIA Group, once the transfer of the total stake owned by Marfin Investment Group Holdings SA was concluded.

4, Erythrou Stavrou Str. & Kifisias, GR 15123, Marousi, Athens

Τ: 210 686 7020 F: 210 686 7623www.hygeia.gr

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Diagnostic & Therapeutic Center of Athens Hygeia SA published this content on 26 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 November 2018 15:45:01 UTC