DGAP-Ad-hoc: CompuGroup Medical SE / Key word(s): Profit Warning/Mergers & Acquisitions
CompuGroup Medical has during the past months been in negotiations to acquire a larger non-European Healthcare IT provider. The review of the transaction (including due diligence) and the negotiations which were ended today resulted in transaction costs of a low double-digit million euro amount. The main portion of these transaction costs are incurred in the second half of 2019.
The executive board of CompuGroup Medical SE is therefore reducing its earnings guidance and is now expecting an EBITDA for the full year 2019 in the range of EUR 175 million to EUR 190 million taking into account the aforementioned M&A transaction costs, compared to previously expected EUR 190 million to EUR 205 million excluding M&A transaction costs. The expected range for revenues in the current year continues to be unchanged at EUR 720 million to EUR 750 million.
Head of Investor Relations
CompuGroup Medical SE
phone +49 261 8000 7030
phone +49 261 8000 6200
15-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||CompuGroup Medical SE|
|Maria Trost 21|
|Phone:||+49 (0)261 8000 6200|
|Fax:||+49 (0)261 8000 3200|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||873677|
|End of Announcement||DGAP News Service|
873677 15-Sep-2019 CET/CEST