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CompuGroup Medical reports record results at virtual Annual General Meeting and confirms growth targets

DGAP-News: CompuGroup Medical SE & Co. KGaA / Key word(s): AGM/EGM CompuGroup Medical reports record results at virtual Annual General Meeting and confirms growth targets 19.05.2022 / 13:42 The issuer is solely responsible for the content of this announcement. Koblenz. CompuGroup Medical SE & Co. KGaA, one of the world's leading e-health companies, held its Annual General Meeting today, once again in a virtual setting. All agenda items were approved by a majority. Management also confirmed the guidance for the current year and medium-term growth targets.

The attendees at the Annual General Meeting, which was once again held virtually, represented around 81 % of CompuGroup Medical’s capital stock. The resolutions on the appropriation of profits and the proposed dividend of EUR 0.50 were approved with a majority of 99.9 %. The Annual General Meeting also approved, with clear majorities of more than 75 % of the votes respectively, the resolutions on the discharge of the General Partner and the Supervisory Board, on the appointment of the auditors, and on an amendment to the Articles of Association, which are intended to allow for greater flexibility in choosing venues for future Annual General Meetings. The resolutions on the compensation report and compensation system for the Managing Directors were also approved with around 75 % more than 69 % of the votes respectively.

In his speech, CEO Dirk Wössner highlighted several examples as to how digitization can make healthcare not only more user-friendly, efficient and effective, but also safer. According to the CEO, solutions that are more user-friendly, more efficient, more effective and, on top of that, safer, generally win through. The healthcare sector is therefore in a state of upheaval worldwide and the e-health sector is a huge growth market with CompuGroup Medical as one of the most important players. This also illustrates the growth potential of the company.

"We have significantly accelerated our organic growth and at the same time decisively strengthened it through strategic acquisitions," said Wössner, summing up the recipe of success in the past fiscal year. "It was an outstanding year of growth for us. We achieved the targets we had set ourselves for 2021, in particular significant revenue growth and very promising organic growth. We exceeded 1,000 million euros in revenue for the first time last year. At 22 percent, revenue growth was almost twice as high as in 2020. And operating profit also rose again: By more than 4 percent to 224 million." And, he emphasized, "we have once again set a revenue record."