Emeis soars after posting FY core profit above its own target

Emeis SA

06/02/2025 10:49

** Shares in Emeis  EMEIS.PA  jump as much as 16.7% after
the French care home group posted FY core profit above its own
target
    ** Emeis reported a 6.3% increase in FY recurring EBITDA
(EBITDAR) to 740 million euros ($766.64 millions), higher than
its own forecast of 710-730 millions
    ** It said it expects an increase in its recurring core
earnings between +15% and +18% on a like-for-like basis for 2025
    ** By 1028 GMT, the Paris-listed stock is up 13.8% to 7.6
euros, leading gains on France's SBF 120 Index  .SBF120 , which
rises 0.8%
    ** If gains hold, shares on track for their best day since
March 2024, when they closed 20.2% higher

($1 = 0.9653 euros)

 (Reporting by Alessandro Parodi)
 ((alessandro.parodi@thomsonreuters.com))