MPH Health Care AG Reports Strong Preliminary IFRS Results for H1 2024

MPH Health Care AG (ISIN: DE000A289V03) announced its preliminary IFRS results for the first half of 2024, showing significant improvements. The company's EBIT increased to EUR 75.7 million, up from a negative EUR 15.6 million in the same period last year. Equity rose by EUR 74.5 million to EUR 325.5 million, corresponding to EUR 76.02 per share, and the equity ratio improved to 94.7%.

The M1 Kliniken AG, one of MPH's key investments, expanded its market position in beauty medicine, increasing sales by 11.2% to EUR 167.4 million. The operating result nearly doubled, reaching EUR 14.5 million. The share price of M1 Kliniken AG climbed by 64%, reflecting the company's robust performance.

CR Energy AG, another major investment, continued its successful trajectory in 2023. Although its share price dipped slightly, the company maintained high equity ratios and strong cash reserves, focusing on sustainable energy and living space markets.