(CercleFinance.com) – During an activity update, Orpea announces an update of its financial projections, now expecting an EBITDAR for the year 2023 located at the bottom of the range of 705 at 750 million euros communicated on July 13.
Concerning its prospects beyond 2023, the group has postponed by 12 months its EBITDAR (1.2 billion euros) and financial leverage (5.5 times) objectives attached to the November 2022 business plan, moving from 2025 to 2026.
In the third quarter of 2023, its turnover increased by 11.1% to 1.31 billion euros (+10.8% to 3.85 billion over the first nine months of the financial year), thanks to an increasing average occupancy rate and price increases.