Report
Christophe-Raphaël Ganet

Orpea : Q4 2023 revenue: favourable momentum - New one-offs on 2023 net profit

>Q4 2023 revenue: robust organic growth of 9.5% - Q4 revenue was € 1,346m, i.e. +11.7% (+9.7% cc). For the full-year, revenue was therefore € 5,198m (+11% and +9.5% cc).The group anticipates 2023 EBITDAR of € 690m and pre-IFRS EBITDA of € 200m (vs € 210m in the previous guidance). 2023 net profit should be impacted by i/ restructuring charges, ii/ the difference in value between the unsecured debt repaid (€ 3.9bn) and the value of the capital increase (>€ 1bn) ii...
Underlying
Orpea SA

ORPEA is a dependency, physical and psychiatric care group based in France. Co. operates long-term and short-term care facilities, including medical care facilities, medical and social care facilities and residential facilities for the elderly. Co. provides short, medium and long-term global physical and mental dependency care. Co. also operates residential facilities for disabled people of any age, hotels, and hotel-related, as well as leisure accommodation facilities. Co. operates in France and abroad (Belgium, Italy, Spain and Switzerland) in three business segments: Long-term care facilities (nursing homes); Post-acute and Rehabilitation care facilities; and Psychiatric care facilities.

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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch