Report
Christophe-Raphaël Ganet

Clariane : Q3 2024 sales: growth in line – Guidance reiterated – No deterioration but no momentum either

>Q3 revenues: +4% and +5.9% organic - Q3 revenues totalled € 1,297m, up +4% (+5.9% like-for-like), i.e. € 3,933m at 9M (+5.4% and +6.3% like-for-like). The occupancy rate of retirement homes came in at 90.2% vs 88.3% a year ago. France posted an occupancy rate of 89.1% over the entire period, compared to 87.4% last year. Clariane has confirmed its guidance for 2024, i.e. revenue growth of +5% on an organic basis and EBITDA, pre-IFRS 16 and pro forma of divestmen...
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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