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 revenue rises on high inpatient levels

By Sean Farrell

Date: Friday 22 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Mediclinic International's third-quarter revenue rose 2.5% as the private healthcare group experienced unusually high inpatient levels in southern Africa and the Middle East.
Revenue rose 3.5% at Mediclinic Southern Africa and 8% at Mediclinic Middle East in the three months to the end of December as income at the Swiss Hirslanden business fell 1.5%. Earnings before interest, tax, depreciation and amortisation fell 8%.

Mediclinic said its centres in the United Arab Emirates and southern Africa were supporting national coronavirus vaccine programmes. The FTSE 250 group said its results were also supported by hospitals carrying out elective procedures, unlike in the early stages of the crisis.

The Hirslander business was affected by fewer patients because of the impact of Covid-19 and lockdown measures. Cash and available borrowing was about £660m at the end of December, unchanged from three months before, including an optional debt repayment of 50m Swiss francs.

Ronnie van der Merwe, Mediclinic's chief executive, said: "Our ability during the period to continue with elective procedures, when and where we have capacity, as well as the unseasonable demand for our inpatient services in southern Africa and the UAE during December 2020 supported our Q3 financial performance.

"The uncertainty caused by the pandemic has reduced visibility on activity levels and therefore the Group remains cautious as to the full impact on near-term operating performance."



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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
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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

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