Orpea, biggest drop in the SBF 120 and the SRD market in 2023


(AOF) – Orpea (-99.48% to 0.0169 euros)
Orpea posted by far the largest decline in the SBF 120 index in 2023, for the second year in a row. The retirement home group was also the bottom of the SRD market. The stock had already fallen by more than 90% in 2022. After the brutal collapse suffered in January 2022 with the publication of Victor Castanet’s investigation “Les fosdoyeurs”, denouncing serious dysfunctions in the care of residents, the group, strangled by its debt, had to undertake a financial restructuring that was massively dilutive for existing shareholders.

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