(AOF) – Ramsay presents its provisional results at the end of June 2023. The private hospitalization group announces that its Ebitda has decreased by 5.6% over one year to reach 621.4 million euros, “under the effect of the €89 million decline in grants, high salary inflation and supply costs, combined with constraints related to staff shortages”. Net income after tax group share amounted to 49.4 million euros, or 1.1% of sales, down more than half compared to the previous year (118 .4 million euros).
The group’s turnover, on the other hand, increased by 9.3% to reach 4.7 billion euros, “supported by growth in activity in all regions and by recent acquisitions in the Nordic countries”. Like-for-like revenue growth was 7.0%.
The net cash flow generated by the activity of 598.9 million euros (compared to 262.5 million euros last year) reflects the working capital management effort and the collection during the period of Covid subsidies already recognized the previous year.
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