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ORPEA: H1 2021: Strong Growth and Marked Increase in Profitability

ORPEA: H1 2021: Strong Growth and Marked Increase in Profitability
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ORPEA: Strong Acceleration in Revenue Growth in Q2 2021: +12.8% to €1,042 Million

ORPEA: Strong Acceleration in Revenue Growth in Q2 2021: +12.8% to €1,042 Million
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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ORPEA: 6 acquisitions in Europe: 4,713 beds in 3 countries

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

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. ....

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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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