Report
Christophe-Raphaël Ganet

Korian : Analyst meeting: well on track

>Korian is well on track to exceed its 2020 targets - From Friday’s meeting, we retain the following points:Guidance for growth in 2020 (+9% vs +8% in 2019) should have an organic component of at least +4% (reminder: between 2014 and 2018, organic growth had never exceeded 3.8%) Korian will continue its pace of acquisitions (further bolt-on deals), while the ramp-up of openings, the effect of the pipeline (still nearly 15,000 beds despite the openings, implying ...
Underlying
Korian SA

Korian is an actor on the temporary and permanent dependency care market in France, Germany and Italy. Co. offers and develops services related to dependency through its retirement homes (116 as of Dec 31 2009), follow-up care and rehabilitation facilities (35 as of Dec 31 2009) and psychiatric clinics (11 as of Dec 31 2009). Co.'s operations can be divided into four geographical segments: Medical and Social activity in France (retirement homes); Sanitary activity in France (follow-up care, rehabilitation, psychiatry and home medical care); Italy; and Germany.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Christophe-Raphaël Ganet

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