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ORPEA: H1 2021: Strong Growth and Marked Increase in Profitability
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LFDE raises fees for €3bn mid-cap fund to limit inflows
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ORPEA: Strong Acceleration in Revenue Growth in Q2 2021: +12 8% to €1,042 Million
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ORPEA: 6 acquisitions in Europe: 4,713 beds in 3 countries
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ORPEA: Continued progression of the vaccination campaign: 85% of residents vaccinated
Organic growth: +1.0% (+2.0 on an equal-nb-of-days basis)
Revenue growth target for 2021 reiterated: +6%
Regulatory News:
The ORPEA Group (Paris:ORP), a world leader in long-term care (nursing homes, post-acute and rehabilitation hospitals, psychiatric hospitals, and homecare services), today announces its revenue for Q1 2021, (three months ended on 31 March).
Yves Le Masne, Chief Executive Officer of ORPEA, commented: Our nursing homes today are providing a secure sanitary environment where social interactions have resumed due to the successful roll-out of the Covid-19 vaccination campaign, even if the situation is still managed with a high degree of vigilance.