Mediclinic International (MDC)

Sector:

Health Care

Index:

FTSE 250

319.80p
   
  • Change Today:
    -6.80p
  • 52 Week High: 344.60
  • 52 Week Low: 246.00
  • Currency: UK Pounds
  • Shares Issued: 737.24m
  • Volume: 1,116,480
  • Market Cap: £2,357.71m

Mediclinic earnings rise, FY expectations reaffirmed

By Michele Maatouk

Date: Thursday 14 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Private healthcare group Mediclinic reported a rise in first-half earnings on Thursday amid revenue growth in all three divisions.
In the six months to 30 September, adjusted earnings before interest, tax, depreciation and amortisation grew 4% to £222m on revenue of £1.5bn, up 9%.

Revenue at Swiss business, Hirslanden, rose 10% to £696m, while South African revenue was up 4% at £469m and Middle East revenue pushed up 14% to £350m.

For FY20, Mediclinic expects "modest" revenue growth at Hirslanden, 1% growth in South Africa and around 10% revenue growth in the Middle East.

Chief executive officer Ronnie van der Merwe said: "The group delivered a solid first-half financial performance with all three divisions growing revenue, EBITDA and patient volumes. The operating performance was complemented by strong cash conversion.

"I am pleased with the progress we have made in adapting the business to current healthcare trends and changing regulatory environments, especially at Hirslanden in Switzerland."

He said the company was currently trading in line with expectations and reiterated full-year guidance.

At 1025 GMT, the shares were up 0.6% at 380.50p.

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MDC Market Data

Currency UK Pounds
Share Price 319.80p
Change Today -6.80p
% Change -2.08 %
52 Week High 344.60
52 Week Low 246.00
Volume 1,116,480
Shares Issued 737.24m
Market Cap £2,357.71m

MDC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.95% above the market average80.95% above the market average80.95% above the market average80.95% above the market average80.95% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
3.55% above the market average3.55% above the market average3.55% above the market average3.55% above the market average3.55% above the market average
12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average
Income
50.98% below the market average50.98% below the market average50.98% below the market average50.98% below the market average50.98% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Growth
42.91% below the market average42.91% below the market average42.91% below the market average42.91% below the market average42.91% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MDC Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Dec-19 13-Jun-19
Paid 17-Dec-19 29-Jul-19
Amount 3.20p 4.70p

Trades for 18-Jun-2021

Time Volume / Share Price
16:57 258 @ 319.80p
16:47 2,777 @ 319.80p
16:46 258 @ 319.80p
16:35 748,459 @ 319.80p
16:29 1 @ 318.00p

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