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Centaur Media - Resilient performance


Centaur Media - Resilient performance
Centaur s FY20 results are a shade ahead of our forecast and show a resilient performance considering the impact of the pandemic. Q1 trading to date is in line, in what is generally the quietest quarter for revenues with no scheduled events or Mini MBA courses, and cash at end February was £8.2m (IFRS liabilities only). The group is now reinstating dividend payments and will pay 0.5p for FY20, with a minimum payment of 1.0p set out for future years. Centaur s MAP23 strategy, laid out in January, gives the framework and impetus for revenue growth and improving profitability, which should in turn drive an increasing valuation. ....

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ORPEA: Growth in Activity and Resilient Profitability in 2020


ORPEA: Growth in Activity and Resilient Profitability in 2020
2020: growth in activity and Resilient profitability
Revenue: €3,922 million (+4.9%)
EBITDA: €926,5 million (-2.4%)
An expanding growth pipeline: +8,769 beds in 2020
Pipeline of beds under construction of more than 25,000 beds
Network of more than 111,000 beds in 23 countries
Strong increase in real-estate portfolio valuation (+€789 million)
Portfolio valuation at €6.8 billion
2021 Revenue growth target: at least +6%
Regulatory News:
The ORPEA Group (Paris:ORP), world leader in long-term care (nursing homes, post-acute and rehabilitation and hospitals and mental health facilities, and home care services) today announced its consolidated results for the 2020 financial year
1, ended on 31 December, which release has been approved by the Board of Directors on 16 March 2021. ....

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