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Mediclinic International underlying earnings fall as pandemic weighs on revenue | 26 May 2021


26 May 2021 | 07:50am
StockMarketWire.com - Private healthcare group Mediclinic International swung to a full-year profit as impairment charges fell, though its underlying performance was dented by lower revenue during the pandemic.
Pre-tax profit for the year through March amounted to £104 million, compared to year-on-year losses of £275 million.
Revenue fell 3% to £3.0 billion and adjusted operating profit fell 32% to £221 million.
Mediclinic did not declare any dividends for a year that was affected by people cancelling elective surgeries while the pandemic raged.
The company said it expected to deliver growth in revenue and operating earnings across all three of its divisions in the 2022 financial year. ....

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Mediclinic International sees return to growth in fiscal 2022 despite further Covid-19 waves ahead | 16 April 2021


16 April 2021 | 09:06am
StockMarketWire.com - Health care company Mediclinic International said it expected improved performance in fiscal 2022 despite a further waves of Covid-19 expected in the coming weeks.
We are well positioned to deliver growth in revenue and EBITDA across all three divisions in FY22 despite further waves of the pandemic expected in the coming months, especially in Switzerland and Southern Africa, the company said.
The upbeat outlook comes as annual revenue fell 3% year-on-year in fiscal 2021, as weaker first-half performance offset an improved second-half.
Stronger demand in 2H21 delivered revenue growth of around 1%, and drove improvement in margins.
Results for the financial year ended 31 March 2021 is scheduled for 26 May 202 ....

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Dixons Carphone electricals like-for-like revenue up 11%; Appoints Bruce Marsh as CFO | 20 January 2021


20 January 2021 | 07:55am
StockMarketWire.com - Electrical goods retailer Dixons Carphone said like-for-like revenue in electricals were up 11% as strong momentum in online sales helped offset the impact of shuttered stores owing to the pandemic.
The company also said it would appoint Bruce Marsh as chief financial officer from 12 July 2021. Marsh had been Finance Director, UK and Ireland, at Tesco plc since 2015.
For 10 weeks ended 9 January 2021, electricals like-for-like revenue grew 11%, driven by sales of large screen TVs, smart tech and all areas of computing & gaming.
UK & Ireland electricals like-for-like revenue grew 8% as online growth was 121% and the division increased market share by 6%. ....

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