(AOF) – Ramsay revealed that its unaudited revenue for the three-month period ending September 30, 2022 amounted to 1.02 billion euros, up 9.8% compared to the same period of the previous year. Unaudited Ebitda over this period amounted to €112.6 million, down 16.7% compared to the same period of the previous year. Unaudited current operating income for the same period amounted to €13.5 million, down 69.0% compared to the same period of the previous year.
Ramsay Santé has continued its support in the fight against the COVID epidemic over the past 3 months with the care of patients in France and Sweden.
The group’s turnover increased by 9.8% or 92 million euros for this quarter. At constant scope and exchange rates, organic revenue growth for the quarter ending September 30, 2022 is 4.9%.
Revenue in France increased by 5.5%, supported by an increase in revenue from rebillable medical purchases and impacted by the move towards more outpatient care. Sales in the Nordics increased by 20% supported by recent acquisitions and their organic growth is mainly achieved by patients in community care and specialist care in Sweden and Denmark.
The Group is successfully continuing to implement its 2025 strategic plan, affirming its position as the leader in integrated digi-physical care in Europe. The Group completed the acquisition of 10 entities in Scandinavia during FY22, and is focused on the benefits of their integration. These acquisitions are complementary to the current activities and widen the range of the group’s services as well as its geographical footprint.
Pascal Roché, Chief Executive Officer of Ramsay Santé, said: “Although operating conditions are improving, profitability is down compared to the corresponding period of the previous year due to the reduction in subsidies linked to Covid, high inflation and difficulties with staff shortages.”
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