Edition:
India

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).