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Korian SA (KORI.PA)

KORI.PA on Paris Stock Exchange

36.10EUR
19 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Korian H1 Revenue Up 8.2% At 1.77 Billion Euros
Wednesday, 31 Jul 2019 

July 31 (Reuters) - KORIAN SA ::H1 REVENUE GROWTH AT €1,767 MILLION: +8.2%, OF WHICH +3.8% IS ORGANIC GROWTH.H1 OPERATING MARGIN (EBITDA) IMPROVED BY +70 BASIS POINTS TO 14.6% (EXCLUDING IFRS 16 IMPACTS).H1 NET PROFIT (GROUP SHARE) TOTALLED €60.1 MILLION (EXCLUDING IFRS 16 IMPACTS), AN INCREASE OF 9.1%.CONFIDENT IN ACHIEVING THE OBJECTIVES FOR FY 2019.END-H1 SIGNIFICANT INCREASE (+57%) IN THE OPERATING FREE CASH FLOW GENERATED AT EUR 87 MILLION.EBITDA TOTALLED €258.3 MILLION IN H1 2019, UP 13.4%.NUMBER OF BEDS OPERATED GREW BY 2,830 OVER H1, BRINGING THE TOTAL NUMBER OF BEDS TO NEARLY 81,000.  Full Article

Banque des Territoires, Credit Agricole Assurances And Korian Announce Partnership
Friday, 17 May 2019 

May 17 (Reuters) - KORIAN SA ::BANQUE DES TERRITOIRES AND CRÉDIT AGRICOLE ASSURANCES PARTNER WITH KORIAN GROUP TO DEVELOP AGES&VIE SHARED SENIOR HOUSING THROUGHOUT FRANCE.THIS PARTNERSHIP WILL ALLOW THE DEVELOPMENT OF 28 NEW PROJECTS IN 17 DEPARTMENTS FROM 2019.BANQUE DES TERRITOIRES WILL BE A 35% SHAREHOLDER, AS WILL CRÉDIT AGRICOLE ASSURANCES, WITH BALANCE OF CAPITAL HELD BY KORIAN.NEW PARTNERSHIP WILL ALLOW FOR CREATION OF 1,500 DIRECT JOBS FOR HOME HELP.BY 2024, 150 NEW LOCATIONS WILL BE LAUNCHED THROUGHOUT COUNTRY.THIS PARTNERSHIP TAKES THE FORM OF CREATION OF REAL ESTATE CIVIL COMPANY, WHICH WILL INVEST IN REAL ESTATE.  Full Article

Korian Q1 Revenue Rises To 871.6 Million Euros
Thursday, 18 Apr 2019 

April 18 (Reuters) - KORIAN SA ::REVENUE UP 8.1% IN Q1 2019 O/W 3.8% IN ORGANIC GROWTH.2019 REVENUE AND EBITDA MARGIN OBJECTIVES CONFIRMED.IN FIRST THREE MONTHS OF 2019, KORIAN GROUP RECORDED REVENUE OF EUR 871.6 MILLION.  Full Article

Korian Acquires Petits-Fils
Monday, 26 Nov 2018 

Nov 26 (Reuters) - KORIAN SA ::ACQUIRES PETITS-FILS.  Full Article

Korian Places Tap Issue Of ODIRNANE For About 60 Million Euros
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - KORIAN SA ::SUCCESSFULLY PLACED A TAP ISSUE OF ODIRNANE FOR A NOMINAL AMOUNT OF APPROXIMATELY EUR 60 MILLION.ISSUE OF NEW BONDS AIMS AT REFINANCING NON-LISTED HYBRID BONDS ISSUED IN JUNE 2017.NEW BONDS SHALL BE ISSUED AT A PRICE OF EUR 40.90.SETTLEMENT AND DELIVERY DATE OF NEW BONDS IS EXPECTED TO TAKE PLACE ON SEPTEMBER 21(ST), 2018.  Full Article

Korian Launches Tap Issue Of ODIRNANE For A Nominal Amount Of About 60 Million Euros
Monday, 17 Sep 2018 

Sept 17 (Reuters) - KORIAN SA ::LAUNCHES A TAP ISSUE OF ODIRNANE FOR A NOMINAL AMOUNT OF APPROXIMATELY € 60 MILLION.BONDS WILL BE OFFERED AT A PRICE BETWEEN € 40.90 AND € 41.20 (INCLUDING ACCRUED INTERESTS WHICH ARE EQUAL TO € 0.22 PER BOND)..THE SETTLEMENT AND DELIVERY DATE OF THE NEW BONDS IS EXPECTED TO TAKE PLACE ON SEPTEMBER 21ST, 2018.FINAL PRICE IS EXPECTED TO BE DETERMINED TODAY ON SEPTEMBER 17TH, 2018..SETTLEMENT AND DELIVERY DATE OF THE NEW BONDS IS EXPECTED TO TAKE PLACE ON SEPTEMBER 21ST, 2018..BONDS TO BE FULLY ASSIMILATED TO ITS APPROXIMATELY € 240 MILLION ODIRNANE ISSUED IN JULY 2017.NEW BONDS ARE TO BE ISSUED ON THE SAME TERMS (EXCEPT ISSUE PRICE) AS THE ABOUT € 240 MILLION BONDS ISSUED IN JULY.  Full Article

Pharmagest Interactive Announces Partnership With Korian Group
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - PHARMAGEST INTERACTIVE SA ::ANNOUNCES PARTNERSHIP WITH KORIAN GROUP.PARTNERSHIP AINS TO CO-CREATE AN INNOVATIVE MULTI-SERVICE OFFER FOR VULNERABLE PEOPLE AT HOME AND IN NURSING HOMES.  Full Article

Korian To Submit To Annual General Meeting Dividend Payment Of EUR 0.60 Per Share In Respect Of FY 2017
Thursday, 26 Apr 2018 

April 26 (Reuters) - Korian SA ::DECIDED TO SUBMIT TO ANNUAL GENERAL MEETING DIVIDEND OF EUR 0.60 PER SHARE IN RESPECT OF 2017 FINANCIAL YEAR..  Full Article

Korian FY Net Profit Group Share Up At ‍​163 Million Euros
Wednesday, 14 Mar 2018 

March 14 (Reuters) - KORIAN ::FY EBITDA MARGIN OF 14.0%, UP 30 BASIS POINTS COMPARED WITH 2016 UNDERLYING MARGIN‍​.FY NET PROFIT GROUP SHARE EUR ‍​163 MILLION VERSUS EUR 131 MILLION YEAR AGO.FY EBITDA EUR 440‍​ MILLION VERSUS EUR 422 MILLION YEAR AGO.WILL PROPOSE A STABLE DIVIDEND OF €0.60 PER SHARE.IN 2018, KORIAN IS TARGETING REVENUE GROWTH OF AT LEAST 5.5%..REVISES ITS OBJECTIVES FOR OPERATING MARGIN (EBITDA) UPWARDS TO 14.3% IN 2019 AND CLOSE TO 15% IN 2021.CONFIRMS ALL OTHER FINANCIAL OBJECTIVES OF THE KORIAN 2020 STRATEGIC PLAN.IN 2018 MARGINS ARE EXPECTED TO INCREASE IN THE INTERNATIONAL SECTOR, PARTICULARLY IN GERMANY.IN 2018 THE GROUP EXPECTS ITS PORTFOLIO TO INCREASE BY OVER 2,500 BEDS IN TOTAL.IN 2018 IN TOTAL, KORIAN EXPECTS A LIMITED DECLINE IN EBITDA MARGIN COMPARED WITH 2017.  Full Article

Korian Says Is Not In Any Discussion Regarding Possible Sale
Tuesday, 6 Mar 2018 

March 6 (Reuters) - KORIAN ::SAYS IS CURRENTLY NOT IN DISCUSSION WITH ANY INVESTMENT FUND REGARDING A POSSIBLE ACQUISITION OF OUR COMPANY‍​.  Full Article

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Korian shares slump after food poisoning deaths in French nursing home

LHERM, France Shares in social healthcare provider Korian tumbled on Monday after five elderly residents in a care home it owns in southwestern France died from suspected contaminated food.