Clínica Baviera, S.A. Announces Consolidated Earnings Results for the First Quarter of 2017
May 10, 2017
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Clínica Baviera, S.A. announced consolidated earnings results for the first quarter of 2017. For the quarter, the company reported revenues of EUR 24,817,000 as compared to EUR 24,299,000 a year ago. EBITDA was EUR 4,880,000 as compared to EUR 5,219,000 a year ago. EBIT was EUR 3,550 as compared to EUR 4,034,000 a year ago. Net profit was EUR 2,603,000 as compared to EUR 2,920,000 a year ago. Cash flow from operations was EUR 3,654,000. Purchase of Property, Plant and Equipment was EUR 1,738,000. Net debt was EUR 2,890,000.
Clinica Baviera SA is a Spain-based company engaged in the healthcare sector. The Company focuses on providing services within the field of ophthalmic medicine. The Company is specialized in the diagnosis and treatment of eye disorders, including myopia, hyperopia, astigmatism, cataracts, glaucoma, vitreous-retina and strabismus, among others. The Company operates a network of clinics located in various European countries, such as Spain, Germany, Austria and Italy. In addition, the Company is a parent of the Baviera Group, a group that comprises a number of controlled entities, including Clinica Baviera Italia Srl, Clinica Baviera Mallorca SL, Care Vision Germany GmbH and Castellana de Intermediacion Sanitaria SL, among others. The main shareholder of the Company is Aier Eye International (Europe) Slu.
CLÍNICA BAVIERA, S.A. 
