Edition:
India

Netcare Ltd (NTCJ.J)

NTCJ.J on Johannesburg Stock Exchange

2,389.00ZAc
18 Apr 2019
Change (% chg)

-19.00 (-0.79%)
Prev Close
2,408.00
Open
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2,366.00
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Latest Key Developments (Source: Significant Developments)

Netcare Says To Date Margins Broadly In Line With FY 2019 Guidance Of 20.8 Pct
Thursday, 28 Mar 2019 

March 28 (Reuters) - Netcare Ltd ::UPDATE ON H1 2019 TRADING.TO DATE MARGINS HAVE BEEN HELD BROADLY IN LINE WITH GUIDANCE FOR FY 2019 OF MARGINS FLAT AT 20.8%.IF LOAD SHEDDING CONTAINED TO PREDOMINANTLY STAGES ONE AND TWO, ESTIMATE FURTHER R5.5 MILLION COST FOR DIESEL WILL BE INCURRED IN H2 FY 2019.SHOULD LOAD SHEDDING OF "MAGNITUDE RECENTLY EXPERIENCED" CONTINUE, EXPECTED H2 2019 COST FOR DIESEL WILL INCREASE TO R8.1 MILLION.  Full Article

Netcare Says BMI Restructuring Won't Alter Co's 56.9 Pct Ownership In 6 Hospitals
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Netcare Ltd ::JSE: NTC - NTCP - VOLUNTARY ANNOUNCEMENT : COMPLETION OF BMI HEALTHCARE (UK) RESTRUCTURE.NETCARE LTD - NETCARE'S EQUITY AND DEBT INTERESTS IN BMI HEALTHCARE ARE CURRENTLY CARRIED AT ZERO VALUE IN NETCARE'S GROUP ACCOUNTS.NETCARE LTD - COMPLETION OF BMI HEALTHCARE RESTRUCTURE CONCLUDES DISPOSAL OF NETCARE'S EQUITY AND DEBT INTERESTS IN BMI HEALTHCARE.NETCARE LTD - TRANSACTION HAS NO IMPACT ON NETCARE'S RESULTS, CASH FLOWS OR FINANCIAL POSITION.NETCARE LTD - FINANCIAL RESTRUCTURING OF BMI HEALTHCARE DOES NOT ALTER NETCARE'S 56.9% OWNERSHIP INTEREST IN SIX HOSPITAL PROPERTIES.  Full Article

Netcare FY HEPS Expected Between 44 Cents And 55 Cents
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Netcare Ltd ::JSE: NTC - NTCP - TRADING STATEMENT.NETCARE LTD - FY 2018 ADJUSTED HEPS FROM CONTINUING OPERATIONS WILL BE SUBSTANTIALLY IN LINE WITH 170.6 CENTS REPORTED IN FY2017.NETCARE LTD - HEPS FOR YEAR ENDED 30 SEPTEMBER 2018 IS ANTICIPATED TO BE BETWEEN 44.0 CENTS AND 55.0 CENTS.  Full Article

Netcare Posts HY Revenue Pf 9.97 Bln Rand Vs 9.21 Bln Rand
Monday, 14 May 2018 

May 14 (Reuters) - Netcare Ltd ::NETCARE LTD - HY REVENUE 9.97 BILLION RAND VERSUS 9.21 BILLION RAND.NETCARE LTD - SECURED APPROVAL OF COMPETITION TRIBUNAL FOR ITS ACQUISITION OF AKESO CLINICS.NETCARE LTD - NETCARE HAS PROVISIONALLY ACCOUNTED FOR AKESO ACQUISITION PURCHASE PRICE IN GROUP STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2018,.NETCARE LTD - SA HEALTHCARE MARKET HAS RETURNED TO GROWTH AND NETCARE EXPECTS DEMAND FOR PRIVATE HEALTHCARE TO REMAIN RESILIENT OVER MEDIUM TO LONGER TERM.NETCARE LTD - GROWTH IN PATIENT DAYS EXPERIENCED TO DATE IS EXPECTED TO CONTINUE INTO H2 2018, ALBEIT AT A SLOWER RATE THAN H1 2018 GROWTH..NETCARE LTD - NETCARE HAS NO CURRENT PLANS TO ADD ANY NEW ACUTE HOSPITAL BEDS IN SECOND HALF OF YEAR.NETCARE LTD - HY ADJUSTED HEADLINE EARNINGS PER SHARE 73.8 CENTS.  Full Article

Netcare Says To Exit UK Market
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Netcare Ltd ::FOR SOUTH AFRICA HOSPITALS AND EMERGENCY SERVICES THERE HAS BEEN AN OVERALL IMPROVEMENT IN YEAR-ON-YEAR ACTIVITY IN H1 2018..‍UNDERLYING TRADING EBITDA MARGINS ARE EXPECTED TO REMAIN BROADLY FLAT AGAINST H1 2017 FOR HOSPITALS AND EMERGENCY SERVICES​.NETCARE - ‍TRADING CONDITIONS IN UK HAVE REMAINED DIFFICULT ACROSS PRIVATE HEALTHCARE MARKET, CHARACTERISED BY NHS DEMAND MANAGEMENT INITIATIVES, WEAKER PMI DEMAND​.NETCARE HAS MADE A STRATEGIC DECISION TO EXIT UK MARKET AND PURSUE DISPOSAL OF ITS INTERESTS IN GHG GROUP IN DUE COURSE.NETCARE - ‍UK OPERATIONS WILL BE DECONSOLIDATED FROM NETCARE'S ACCOUNTS WITH EFFECT FROM 28 MARCH 2018 AND NETCARE WILL PURSUE A DISPOSAL OF ITS INTERESTS​.  Full Article

SA's Competition Tribunal Approves Netcare Hospital Merger With Akeso With Pricing, Divestiture Conditions
Monday, 19 Mar 2018 

March 19 (Reuters) - SA's Competition Tribunal::CONDITIONS FOR NETCARE, AKESO DEAL INCLUDE: NETCARE SHALL MAINTAIN BASE TARIFF CURRENTLY IMPLEMENTED AT AKESO FACILITIES.CONDITIONS FOR NETCARE, AKESO DEAL INCLUDE: NETCARE WILL HONOUR AKESO'S EXISTING CONTRACTUAL AGREEMENTS.CONDITIONAL APPROVAL​ TERMS NETCARE TO NOT ALTER TARIFF CLASSIFICATIONS AT AKESO FACILITIES FOR EXISTING TREATMENT MODALITIES.CONDITIONS FOR NETCARE, AKESO DEAL INCLUDE NETCARE WILL DISPOSE OF RAND HOSPITAL AND BELL STREET HOSPITAL.  Full Article

Netcare Ltd Says Competition Tribunal Approves Netcare's Acquisition Of Akeso​
Monday, 19 Mar 2018 

March 19 (Reuters) - Netcare Ltd ::COMPETITION TRIBUNAL APPROVES NETCARE'S ACQUISITION OF AKESO​.  Full Article

Netcare Ltd says ‍FY adjusted HEPS from cont ops down 24.6 pct to 149.6 cents
Monday, 20 Nov 2017 

Nov 20 (Reuters) - NETCARE LTD ::FY ‍REVENUE OF 34.13 BILLION RAND VERSUS 37.73 BILLION RAND YEAR AGO.FY ‍PROFIT BEFORE TAXATION DOWN 30.6 PERCENT TO 2.68 BILLION RAND.FY ‍NORMALISED GROUP EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION ("EBITDA") DECLINED 22.7% TO R4 265 MILLION​.‍FY ADJUSTED HEADLINE EARNINGS PER SHARE FROM CONTINUING OPERATIONS (ADJUSTED HEPS) REDUCED BY 24.6% TO 149.6 CENTS (2016: 198.5 CENTS)​.‍GROSS FINAL DIVIDEND OF 57.0 CENTS PER ORDINARY SHARE IS DECLARED IN RESPECT OF YEAR ENDED 30 SEPTEMBER 2017​.  Full Article

Netcare says full-year EBITDA margins intact
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - Netcare Ltd :NETCARE LTD - ‍GUIDED FULL-YEAR EBITDA MARGINS WOULD REMAIN BROADLY IN LINE WITH FIRST HALF EBITDA MARGIN OF 21.1% AND THIS GUIDANCE REMAINS INTACT​.H2 RESULTS ARE EXPECTED TO REFLECT TRADING LOSSES AND CLOSURE COSTS IN RESPECT OF MOZAMBIQUE OPERATIONS.  Full Article

Netcare says Jill Watts to resign as director of board
Thursday, 27 Jul 2017 

July 27 (Reuters) - NETCARE LTD ::JILL WATTS WILL BE RESIGNING AS A DIRECTOR OF BOARD AND AS CHIEF EXECUTIVE OF BMI HEALTHCARE WITH EFFECT FROM 30 SEPTEMBER 2017.KARIN PRINS (DR PRINS) WILL BE TAKING OVER AS BMI HEALTHCARE'S CHIEF EXECUTIVE FROM 1 OCTOBER 2017.  Full Article

South African Markets - Factors to watch on Feb. 1

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.