Brief: Emeis Cuts 2024 EBITDAR Outlook To EUR 800-835 Million

Emeis SA

17/04/2024 07:00

April 17 (Reuters) - Orpea SA  ORP.PA :
    * CUTS 2024 EBITDAR OUTLOOK TO BETWEEN EUR 800-835 MILLION
(+15%
TO +20% Y/Y)
    * FY REVENUE EUR 5.20 BILLION VERSUS EUR 4.68 BILLION YEAR
AGO
    * FY EBITDAR EUR 696 MILLION VERSUS EUR 780 MILLION YEAR AGO
    * FY AVERAGE OCCUPANCY RATE 83.1% VERSUS 81.6% YEAR AGO
    * FY GROSS DEBT EUR 5.29 BILLION VERSUS EUR 9.62 BILLION
YEAR AGO
    * FY NET PROFIT GROUP SHARE EUR 1.36 BILLION VERSUS LOSS EUR
4.03
BILLION YEAR AGO
    * EXPECTS POSITIVE IMPACT FROM TRANSFORMATION PROGRAM ON
2024
EBITDAR OF EUR 35-40 MILLION

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