Report
Christophe-Raphaël Ganet

Korian : CMD feedback: confident in the guidance

>Korian is comfortable with its roadmap and its guidance - In September 2016, the previous Capital Market Day had set the targets for 2021 (€ 3.8bn of sales, and an EBITDA margin of 14.5%). Now, management anticipates at least € 4.2bn (i.e. growth of over 8% p.a.) and 15.5%.It is also targeting € 5bn of sales by 2023 and is looking to be the key European player in terms of quality (ISO 9001 certification), innovation (Korian wants to be the digital leader in seni...
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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