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Korian SA (KORI.PA)

KORI.PA on Paris Stock Exchange

34.12EUR
1:40pm IST
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€0.32 (+0.95%)
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€33.80
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Latest Key Developments (Source: Significant Developments)

Korian Announces Amendment And Extension Of Syndicated Loan
Monday, 17 Jun 2019 

June 17 (Reuters) - KORIAN SA ::AMENDMENT AND EXTENSION OF SYNDICATED LOAN.THIS NEW AGREEMENT STRENGTHENS GROUP'S STRUCTURE AND FINANCIAL FLEXIBILITY OVER LONG TERM.PROVIDES FOR A REBALANCING OF TERM LOAN AND REVOLVING CREDIT FACILITY (RCF) NOW AT EUR 500 MILLION EACH.IT PROVIDES FOR A REBALANCING OF TERM LOAN AND REVOLVING CREDIT FACILITY (RCF) NOW AT EUR 500 MILLION EACH AND EXTENDS MAXIMUM MATURITY BY 3 YEARS UNTIL 2024.EXTENDS MAXIMUM MATURITY BY 3 YEARS UNTIL 2024, WITH TWO ONE-YEAR EXTENSION OPTIONS FOR RCF PART..KORIAN ALSO BENEFITED FROM IMPROVED FINANCIAL CONDITIONS, NOTABLY THANKS TO A DECREASE IN MARGIN OF 40BP.TOTAL FACILITY OF ONE BILLION EUROS ON MORE FAVOURABLE TERMS REFLECTS RENEWED CONFIDENCE OF PARTNER BANKS TO SUPPORT GROUP'S FUTURE DEVELOPMENT.  Full Article

French group Korian buys Dutch company Stepping Stones
Monday, 15 Apr 2019 

April 15 (Reuters) - Korian SA ::* Acquisition of Stepping Stones, a high-quality and innovative Dutch private operator specialized in Alzheimer’s disease and cognitive disorders.* Stepping Stones' revenue in 2018 amounted to €13m.* Company intends to more than double its portfolio in the next 4 years based on the existing pipeline.* Korian says Dutch care market expected to grow strongly .  Full Article

Korian 2018 Results Above Guidance
Thursday, 14 Mar 2019 

March 14 (Reuters) - Korian SA ::2018 RESULTS ABOVE GUIDANCE.REVENUE GROWTH IN 2018, +6.4% VERSUS. +5% IN 2017.2019-2021 TARGETS RAISED.GROUP WILL PROPOSE AT THE NEXT GENERAL MEETING ON 6 JUNE 2019 A DIVIDEND OF €0.60 PER SHARE.FY RESTATED NET PROFIT, +28.1% TO €123 MILLION.IN 2019 THE GROUP WILL ACCELERATE ITS EXPANSION IN EUROPE AND STRENGTHEN ITS POSITIONING AS A GLOBAL PROVIDER OF INTEGRATED CARE SOLUTIONS FOR SENIORS.PLAN K-2020: CAGR EQUAL OR MORE THAN 8% AND EBITDA MARGIN AT 15.5% (CLARIFIES RANGE).2019 : REVENUE GROWTH EQUAL OR MORE THAN 8% AND EBITDA MARGIN EQUAL OR MORE THAN 14.5% (CLARIFIES RANGE).  Full Article

Korian FY Revenue Up At ‍​3.34 Billion Euros
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - KORIAN ::FY REVENUE EUR ‍​3.34 BILLION VERSUS EUR 3.14 BILLION YEAR AGO.CONSOLIDATED REVENUE TOTALLED €863 MILLION IN Q4 2018, UP 7.6% COMPARED TO PREVIOUS YEAR.2018 EBITDA MARGIN IS EXPECTED TO REACH 14.3%, ABOVE GUIDANCE OF 14%.IN 2019, THE GROUP ANTICIPATES A FURTHER ACCELERATION IN REVENUE GROWTH.  Full Article

Korian Announces Three New Acquisitions In Spain, France And Germany
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - KORIAN SA ::THREE NEW ACQUISITIONS IN SPAIN, FRANCE AND GERMANY.BUYS SENIORS, SPANISH CO OPERATING GROUP OF 7 HIGH-END LONG-TERM CARE NURSING HOMES AROUND MALAGA IN ANDALUSIA.SAYS SENIORS GENERATED REVENUE OF AROUND EUR 15 MILLION IN 2018.BUYS OMEGA GROUP, SPECIALIZED IN ELDERLY CARE AND BASED IN SOUTH-WEST FRANCE.SAYS OMEGA GROUP GENERATED REVENUE OF EUR 40 MILLION IN 2018.IN GERMANY, ACQUIRES SCHAUINSLAND, WHICH OPERATES 6 LONG-TERM CARE NURSING HOMES IN BADEN-WURTEMBERG AREA.SAYS SCHAUINSLAND GENERATED REVENUE OF EUR 17 MILLION IN 2018.IN DEC., ISSUED EUR 450 MILLION OF SCHULDSCHEIN FINANCING COMPOSED OF TRANCHES WITH MATURITIES OF 5 TO 8 YRS.ON SCHULDSCHEIN: OPERATION WAS LARGELY OVER SUBSCRIBED.ON SCHULDSCHEIN: OPERATION WAS RAISED TO EUR 450 MILLION DUE TO HIGH DEMAND AND FAVOURABLE RATES AND MARGIN CONDITIONS.  Full Article

Icade And Korian Sign Three Clinic Design Projects
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - ICADE SA ::KORIAN AND ICADE SIGN THREE CLINIC DESIGN PROJECTS FOR CARE OF SUITE AND REHABILITATION (SSR).CLINICS SHOULD OPEN BY 2021.  Full Article

Korian Q3 Revenue Up At 840 Million Euros
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - KORIAN SA ::Q3 REVENUE EUR 840‍​ MILLION VERSUS EUR 791 MILLION YEAR AGO.ANNUAL OBJECTIVES CONFIRMED: REVENUE GROWTH REACHING 6% AND STABLE OPERATING MARGIN(EBITDA).  Full Article

Korian Signs Partnership With CAREIT And Primonial REIM
Monday, 22 Oct 2018 

Oct 22 (Reuters) - KORIAN SA ::SIGNS PARTNERSHIP WITH CAREIT AND PRIMONIAL REIM AS PART OF ITS REAL ESTATE PORTFOLIO RECONFIGURATION PROGRAM.  Full Article

Korian H1 EBITDA Increases to ‍​228 Million Euros
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - KORIAN SA ::H1 REVENUE EUR ‍​1.63 BILLION VERSUS EUR 1.54 BILLION YEAR AGO.H1 EBITDA EUR ‍​228 MILLION VERSUS EUR 209 MILLION YEAR AGO.H1 NET PROFIT GROUP SHARE EUR 55 MILLION VERSUS EUR 38 MILLION YEAR AGO.UPWARD REVISION OF 2018 OBJECTIVES: REVENUE GROWTH CLOSE TO 6 PERCENT AND STABLE OPERATING MARGIN (EBITDA).  Full Article

Korian Q2 Revenue Eur 828 Million
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Korian SA ::SAYS ACCELERATION OF GROWTH IN FRANCE CONFIRMED: 4.3% IN Q2.Q2 REVENUE EUR 828 MILLION VERSUS EUR 778 MILLION YEAR AGO.SAYS CONFIRMATION OF 2018 REVENUE AND OPERATING MARGIN OBJECTIVES.  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.