Press release, May 06, 2021
CompuGroup Medical benefits from digitization in healthcare with dynamic growth in the first quarter
Strong growth of group revenues with +25 %, organic growth accelerates to +5 %
Adjusted EBITDA increased by 7 % with simultaneous launch of investment program
CGM supports customers in their courageous fight against COVID-19 with numerous initiatives
Hospital Information Systems (HIS) business in excellent shape
Successful continued rollout of Telematics Infrastructure to pharmacies
Dynamic growth in data-based business
Recurring revenues now 69 % of total revenues
Strong free cashflow despite increased investments for further growth
Koblenz. CompuGroup Medical SE & Co. KGaA (CGM) is reporting a strong start to the year 2021. Especially against the background of the COVID-19 pandemic, the Koblenz-based company - one of the leading e-health providers in the world - is fully on track based on the first quarter results published today. The demand for solutions that help healthcare providers, governments and citizens cope with the ongoing pandemic remains high, especially since most