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BRIEF-Life Healthcare expects FY results to be at least 20 pct higher
May 13, 2014 / 5:16 AM / 3 years ago

BRIEF-Life Healthcare expects FY results to be at least 20 pct higher

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May 13 (Reuters) - Life Healthcare Group Holdings Ltd :

* Revenue increased by 10.2 pct to 6,211 mln rand

* Operating profit increased by 90.1 pct to 2,486 million

* Headline EPS increased by 13.4 pct to 82.7 cents per share

* Interim dividend increased by 16.7 pct to 63 cents per share

* Group plans to add an additional 120 Brownfield acute hospital beds in next six months

* Life healthcare will focus on bedding down its acquisition in Poland in next six months and working with max to improve its profitability

* This expected improvement is largely due to life healthcare's disinvestment of its 49.3 pct holding in JMH

* FY 2014 results are expected to show an improvement of more than 20 pct from FY 2013 Source text for Eikon: Further company coverage:

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