Rhoen-Klinikum Falls After Profit Forecast Miss: Frankfurt Mover

Rhoen-Klinikum AG (RHK) sank the most in two months in Frankfurt trading after saying that first-quarter profit will be less than forecast.

Profit for the operator of health-care facilities will be 5 million euros ($6.6 million) to 9 million euros lower than targeted, after “positive earnings contributions” were deferred to later in the year, the Bad Neustadt, Germany-based company said today in a statement. Rhoen-Klinikum reaffirmed full-year sales and earnings goals.

The shares fell 2.9 percent to 14.16 euros, the steepest drop since Feb 10.

To contact the reporter on this story: Trista Kelley in London at tkelley2@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

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