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Southern Cross posts H1 EBITDA of 30.8 mln stg

Mon May 12, 2008 2:12am EDT
 
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LONDON, May 12 (Reuters) - Britain's largest care-home operator, Southern Cross Healthcare Group (SCHE.L: Quote, Profile, Research, Stock Buzz), said on Monday first-half adjusted core earnings rose 41 percent to 30.8 million pounds ($60.1 million), slightly ahead of forecasts.

Fee increases have been agreed ahead of the company's expectations, it said, as the number of beds rose 14 percent to 37,084 at the end of the six months to March 30.

(Reporting by Chris Wills, Editing by Quentin Bryar)

(chris.wills@thomsonreuters.com; 0044 (0)20 7542 5331; Reuters Messaging: chris.wills.reuters.com@reuters.net)) ($1=.5125 Pound)

 

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