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Korian SA (KORI.PA)

KORI.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Korian to distribute a dividend of 0.60 euros per share for FY 2016
Wednesday, 19 Jul 2017 11:43am EDT 

July 19 (Reuters) - KORIAN ::Q2 REVENUE EUR 778 MILLION VERSUS EUR 740 MILLION YEAR AGO.WILL PROCEED ON JULY 21 TO DISTRIBUTE A DIVIDEND OF € 0.60 PER SHARE FOR THE YEAR ENDED DECEMBER 31, 2016.  Full Article

Korian Q2 revenue rises by 5.1 percent
Wednesday, 19 Jul 2017 11:36am EDT 

July 19 (Reuters) - KORIAN SA ::KORIAN MEDICA SA - KORIAN ANNOUNCES REVENUE UP 5.1% IN SECOND QUARTER 2017.REVENUE TOTALLED €778 MILLION IN 2ND QUARTER 2017, UP 5.1% COMPARED TO THE PREVIOUS YEAR..  Full Article

Korian announces final terms of bond issue
Wednesday, 28 Jun 2017 08:29am EDT 

June 28 (Reuters) - KORIAN ::ANNOUNCES ITS FINAL TERMS OF UNSUBORDINATED UNDATED BONDS CONVERTIBLE INTO NEW SHARES AND/OR EXCHANGEABLE FOR EXISTING SHARES (ODIRNANE) FOR ABOUT € 240 MILLION.ANNOUNCES SIGNING OF THE ISSUANCE OF UNDATED HYBRID UNLISTED BOND TO INVESTOR (THE “HYBRID INSTRUMENT”).TOTAL AMOUNT OF BONDS AND HYBRID INSTRUMENT STANDS AT APPROXIMATELY € 300 MILLION.SETTLEMENT OF THE BONDS IS EXPECTED TO TAKE PLACE ON JULY 3RD, 2017.  Full Article

French group Korian announces bond issues
Wednesday, 28 Jun 2017 02:02am EDT 

June 28 (Reuters) - Korian ::* Korian launches an offering of unsubordinated undated bonds convertible into new shares and/or exchangeable for existing shares (ODIRNANE) for an amount of approximately €200 million.* Also announces that it will sign today an issue of an undated hybrid unlisted bond.* Total amount of the Bonds and the Hybrid Instrument.* Bonds will be issued at par and their nominal value will represent a conversion premium comprised between 30.0% and 35.0% over the Company's reference share price.* From the issue date until December 31st, 2022, the Bonds will bear interest at a nominal annual rate comprised between 2.50% and 3.25% payable semi-annually in arrear on January 1st and July 1st of each year.* From January 1st, 2023, the Bonds will bear interest at a rate expressed on an annual basis equal to the 6-month Euribor rate increased by 900 basis points, payable semiannually in arrear on each Interest Payment Date and, as the case may be, for the first time on July 1st, 2023, subject to any interest payment suspension.  Full Article

Senior Living Group, Korian's Belgian subsidiary, acquires 8 facilities from the Senior Assist Group
Wednesday, 7 Jun 2017 01:11pm EDT 

June 7 (Reuters) - KORIAN ::REINFORCES ITS LEADING POSITION IN BELGIUM THROUGH ITS ACQUISITION OF A PORTFOLIO OF 1,000 BEDS.ACQUISITION BY SENIOR LIVING GROUP, KORIAN'S BELGIAN SUBSIDIARY, OF 8 FACILITIES FROM THE SENIOR ASSIST GROUP.  Full Article

Korian Q1 revenue rises to 764 million euros
Wednesday, 3 May 2017 11:55am EDT 

May 3 (Reuters) - Korian ::Q1 revenue 764 million euros ($834.14 million) versus 730 million euros year ago.Revenue up 4.6 pct in Q1 2017.Confirms its objectives of revenue growth and operating margin for 2017, as announced on March 15.  Full Article

Korian FY net profit group share up at 131 million euros
Wednesday, 15 Mar 2017 01:40pm EDT 

Korian : FY EBITDA 422 million euros ($448.84 million) versus 342.0 million euros year ago . FY net profit group share 131 million euros versus 59 million euros year ago . Proposes a stable dividend of 0.60 euro per share, with a share payment option for 2016 . Confirms its above 5 percent revenue growth objective for 2017 .Expecting an operating margin (EBITDA/CA) of about 13.7 percent, stable compared to 2016 underlying margin and in line with the Korian 2020 Plan road map.  Full Article

Korian annual revenue 2.98 million euros
Wednesday, 8 Feb 2017 11:59am EST 

Korian : Annual revenue of 2.98 million euros ($3.19 million), up 15.8 percent . At least 5 percent revenue growth expected for 2017 Further company coverage: [KORI.PA] ($1 = 0.9345 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Korian H1 revenue rises 16.3% to 1.47 billion
Wednesday, 20 Jul 2016 11:45am EDT 

Korian : H1 2016 revenue of €1,470.4 million ($1.62 billion),(+16.3) . On 22 July, Korian will distribute a dividend of EUR 0.60 per share, with an option for payment in newly issued shares .Reiterates its 2016 full-year revenue target around EUR 3 billion.  Full Article

Korian signs partnership Famileo
Wednesday, 18 May 2016 10:44am EDT 

Korian Sa :Korian signs partnership with start-up, Famileo, to increase resident-family communication.  Full Article

BRIEF-Korian to distribute a dividend of 0.60 euros per share for FY 2016

* WILL PROCEED ON JULY 21 TO DISTRIBUTE A DIVIDEND OF € 0.60 PER SHARE FOR THE YEAR ENDED DECEMBER 31, 2016 Source text for Eikon: Further company coverage: (Gdynia Newsroom)