MPH Health Care AG Reports Strong Financial Growth in Q3/2024

MPH Health Care AG has released its preliminary IFRS results for the third quarter of 2024, showing a significant increase in EBIT to EUR 55.6 million. The company's equity has risen by EUR 49.3 million, reaching EUR 300.3 million, translating to EUR 70.14 per share. This marks a 39% year-over-year increase in net asset value per share from the previous year's EUR 50.38.

The equity ratio slightly improved to 94.85%. Investments in M1 Kliniken AG and CR Energy AG have been operationally successful. M1 Kliniken AG saw a 9% increase in sales and a 71% rise in EBIT, with a significant 53% increase in share price. CR Energy AG's share price decreased, despite increases in share capital and its focus on renewable energy sectors.

CEO Patrick Brenske remains optimistic, noting the company's strong positioning in the healthcare and sustainable energy sectors. MPH plans to continue its growth trajectory in these industries.