M1 Kliniken AG (M12.DE), a medical aesthetic service provider, reported improved earnings bolstered by 6.7 per cent revenue growth in the nine-month period on Tuesday.
For the period, Earnings per share improved to 0.86 euros from 0.77 euros in the prior year.
EBITDA improved 9 percent to 28.2 million euros from 25.9 million euros a year ago
EBIT jumped 11 percent to 24.5 million euros from 22.1 million euros a year ago.
EBIT margin increased to 8.9 percent from 8.6 percent in the prior year.
Group revenue climbed 6.7 percent to 274.3 million euros from 257.2 million euros.
Looking ahead, M1 Kliniken reported that it will continue its profitable growth trajectory, with the figure expected to increase between 200 million euros and 300 million euros by 2029, supported by a sustainable EBIT margin of at least 20 percent.
On the XETRA, the shares are trading 0.39 % lower at 15.48 euros.
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