Curanum AG
Curanum AG: Operating uptrend continues
Curanum AG / Key word(s): Quarter Results / Press release Curanum AG: Operating uptrend continues Curanum AG, Germany’s largest listed care home operator, has today published its quarterly results. During the first three months of 2014, revenue was up by 1.8% year-on-year to reach EUR 73.3 million, and operating EBITDA grew 3.4% to EUR 6.1 million (previous year: EUR 5.9 million). Quarterly earnings are impacted by extraordinary items consisting of consultancy costs for the originally planned acquisition of the PHÖNIX Group, and settlement payments for Management Board members and other staff who have left the company. At the bottom line, the company consequently incurred only a slight loss of EUR -0.1 million compared with EUR -1.0 million in the previous year, thereby already reflecting a significant improvement. Munich, May 14, 2014
End of Corporate News 14.05.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Curanum AG | |
Zirkus-Krone-Straße 10 | ||
80335 München | ||
Germany | ||
Phone: | +49 (0)89 2420 65-0 | |
Fax: | +49 (0)89 2420 65-10 | |
E-mail: | ir@curanum.de | |
Internet: | www.curanum.de | |
ISIN: | DE0005240709 | |
WKN: | 524070 | |
Indices: | Prime Standard | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart | |
End of News | DGAP News-Service |
268476 14.05.2014 |