MDMG's revenue grew 8% in 2019, to 16.16 bln rubles
MOSCOW. Feb 5 (Interfax) - MDMG, which manages Mother and Child clinics, saw its revenue rise 8% in 2019, to 16.16 billion rubles, the company said in a statement.
This increase was due to growth in all key operating indicators for the company's main areas of activity, it said.
In the births segment, revenue rose 4%, to 2.3 billion rubles, or 14% of the group's total revenue.
In the in-vitro fertilization segment, revenue rose 10%, to 3.8 billion rubles (24% of the total).
In the inpatient days segment, revenue rose 19%, to 3 billion rubles (19% of the total).
In the outpatient visits segment, revenue rose 8%, to 5.1 billion rubles (31% of the total).
As of December 31, MDMG's net debt was 3.5 billion, 20% higher than a year before.
Capex grew 8% in 2019, to 4 billion rubles. The main areas of investment were the construction of a hospital in Tyumen and of the second stage of Lapino, as well as to the renovation of pediatric centers.