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Mediclinic International PLC (MDCM.L)

MDCM.L on London Stock Exchange

451.70GBp
21 Sep 2018
Change (% chg)

2.80 (+0.62%)
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448.90
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Latest Key Developments (Source: Significant Developments)

Mediclinic Says FY Revenue Up 4 Percent
Thursday, 24 May 2018 02:01am EDT 

May 24 (Reuters) - Mediclinic International PLC ::FY REVENUE UP 4 PERCENT TO GBP2 870M; UP 3 PERCENT IN CONSTANT CURRENCY TERMS.FY ADJUSTED EBITDA UP 3 PERCENT TO 515 MILLION STG; FLAT IN CONSTANT CURRENCY TERMS.FY ADJUSTED OPERATING PROFIT UP 3 PERCENT TO 370 MILLION STG.FY OPERATING LOSS OF 288 MILLION STG, IMPACTED BY NON-CASH HIRSLANDEN IMPAIRMENT CHARGES AND OTHER EXCEPTIONAL ITEMS.PROPOSED FINAL DIVIDEND MAINTAINED AT 4.70 PENCE PER SHARE.CURRENT TRADING IS IN LINE WITH EXPECTATIONS AND GUIDANCE FOR FY19 REMAINS UNCHANGED.MEDICLINIC - IN FY19, MEDICLINIC MIDDLE EAST EXPECTS TO INVEST AED455M AND AED84M ON EXPANSION AND MAINTENANCE CAPEX RESPECTIVELY.IN FY19, HIRSLANDEN EXPECTS MODEST REVENUE GROWTH SUPPORTED BY AN INCREASE IN AVERAGE BED CAPACITY FOR YEAR.IN FY19, HIRSLANDEN EBITDA MARGIN IS EXPECTED TO CONTRACT BY AROUND 100 BASIS POINTS ("BPS") FROM PRIOR YEAR.FOR MEDICLINIC SOUTHERN AFRICA, FY19 REVENUE GROWTH WILL BE DRIVEN BY AN EXPECTED INCREASE IN BED DAYS SOLD OF 1-2%.MEDICLINIC - GROUP CAPITAL EXPENDITURE BUDGET, IN CONSTANT CURRENCY, FOR FY19 IS EXPECTED TO INCREASE BY 18% TO GBP289M (FY18: GBP245M).  Full Article

Mediclinic Says Carel Aron van der Merwe To Start As CEO On June 1
Thursday, 29 Mar 2018 02:00am EDT 

March 29 (Reuters) - Mediclinic International Plc ::MEDICLINIC INTERNATIONAL PLC - RONNIE VAN DER MERWE (CHIEF CLINICAL OFFICER AND CHIEF EXECUTIVE OFFICER) WILL SUCCEED DANIE MEINTJES AS CEO OF COMPANY.MEDICLINIC INTERNATIONAL - MEINTJES WILL REMAIN AN EXECUTIVE DIRECTOR OF COMPANY UNTIL CONCLUSION OF COMPANY'S ANNUAL GENERAL MEETING TO BE HELD ON 25 JULY 2018.  Full Article

Mediclinic International appoints Carel Aron Van Der Merwe as CEO designate​
Monday, 27 Nov 2017 08:45am EST 

Nov 27 (Reuters) - Mediclinic International Plc ::‍ANNOUNCES APPOINTMENT OF CAREL ARON VAN DER MERWE, CURRENTLY GROUP CHIEF CLINICAL OFFICER, AS CHIEF EXECUTIVE OFFICER DESIGNATE​.MERWE ‍TO SUCCEED DANIE MEINTJES AS CEO OF COMPANY ON A DATE TO BE MUTUALLY AGREED, BUT NOT LATER THAN 1 AUGUST 2018​.  Full Article

Mediclinic International says H1 2018 ‍underlying EPS down 12 pct to 11.3 pence​
Thursday, 16 Nov 2017 02:00am EST 

Nov 16 (Reuters) - MEDICLINIC INTERNATIONAL PLC ::H1 2018 ‍UNDERLYING EARNINGS PER SHARE DOWN 12% TO 11.3 PENCE​.‍H1 REVENUE UP 10% TO GBP1 405M; FLAT IN CONSTANT CURRENCY TERMS​.‍H1 UNDERLYING EBITDA UP 5% TO GBP232M; DECREASED BY 5% IN CONSTANT CURRENCY TERMS​.‍INTERIM DIVIDEND MAINTAINED AT 3.20 PENCE PER SHARE​.SEES MODEST REVENUE GROWTH IN ‍HIRSLANDEN FOR H2​.‍FOR SOUTHERN AFRICA GROUP EXPECTS REVENUE GROWTH TO BE AROUND 4%​ IN H2.‍SEES MARGINAL IMPROVEMENT IN MIDDLE EAST REVENUES FOR FULL YEAR, GRADUAL IMPROVEMENT IN UNDERLYING EBITDA MARGINS OVER TIME,​.‍HAD A GOOD START TO SECOND HALF OF FINANCIAL YEAR, WITH CURRENT TRADING ACROSS ALL OPERATING DIVISIONS IN LINE WITH EXPECTATIONS​.‍GUIDANCE FOR ALL OPERATING DIVISIONS REMAINS UNCHANGED WITH CURRENT 2H18 TRADING IN LINE WITH MANAGEMENT​.  Full Article

Mediclinic confirms approach to Spire; says considering position
Monday, 23 Oct 2017 02:30am EDT 

Oct 23 (Reuters) - Mediclinic International Plc ::MEDICLINIC INTNL PLC - STATEMENT RE POSSIBLE OFFER.MEDICLINIC INTERNATIONAL PLC - ‍ANNOUNCEMENT REGARDING SPIRE HEALTHCARE GROUP PLC​.‍MEDICLINIC NOTES ANNOUNCEMENT MADE BY SPIRE HEALTHCARE GROUP PLC ("SPIRE") EARLIER TODAY​.MEDICLINIC - ‍CONFIRMS THAT IT MADE AN APPROACH TO SPIRE REGARDING A POSSIBLE OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF SPIRE​.‍PROPOSAL WAS REJECTED BY INDEPENDENT DIRECTORS OF SPIRE. AS A CONSEQUENCE, MEDICLINIC IS CONSIDERING ITS POSITION​.  Full Article

UK's Spire says rejects bid from Mediclinic Intl
Monday, 23 Oct 2017 02:00am EDT 

Oct 23 (Reuters) - Spire Healthcare Group Plc ::SPIRE HEALTHCARE GRP - RESPONSE TO PRESS SPECULATION.SPIRE HEALTHCARE - ‍RECEIVED PRELIMINARY AND CONDITIONAL PROPOSAL FROM MEDICLINIC INTERNATIONAL PLC.SPIRE HEALTHCARE - ‍RECEIVED PROPOSAL TO ACQUIRE ALL OF ISSUED AND TO BE ISSUED SHARES OF SPIRE WHICH MEDICLINIC DOES NOT ALREADY OWN​.‍PROPOSAL COMPRISED 150 PENCE IN CASH AND 0.232 NEW MEDICLINIC SHARES PER SPIRE SHARE​.‍PROPOSAL VALUED EACH SPIRE SHARE AT 298.6 PENCE PER SHARE​.BOARD ‍UNANIMOUSLY REJECTED OFFER ON BASIS THAT IT SIGNIFICANTLY UNDERVALUES SPIRE AND ITS PROSPECTS​.‍SHAREHOLDERS ARE STRONGLY ADVISED TO TAKE NO ACTION IN RELATION TO PROPOSAL​.‍THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE OR AS TO TERMS ON WHICH ANY OFFER MIGHT BE MADE​.  Full Article

Mediclinic International says H1 revenue up 9.5 pct at GBP1.4 billion
Tuesday, 17 Oct 2017 02:00am EDT 

Oct 17 (Reuters) - Mediclinic International Plc :‍2017/18 INTERIM TRADING UPDATE​.‍1H18 REVENUE WAS UP 9.5% AT GBP1.4BN (1H17: GBP1.3BN) ​.H1 UNDERLYING EBITDA WAS UP 5.0% AT GBP231M (1H17: GBP220M)​.H1 ‍UNDERLYING EARNINGS PER SHARE IS EXPECTED TO BE AROUND 11.5 PENCE (1H17: 12.8 PENCE)​.TEAMS IN SOUTH AFRICA , SWITERLAND IMPLEMENTED COST SAVINGS PROGRAMMES, PRODUCTIVITY INITIATIVES TO HELP MARGINS DURING H2‍​.‍NEW FACILITIES WILL REDUCE COST OF DEBT ON A LIKE FOR LIKE BASIS BY 25BPS AND EXTEND MATURITY PROFILE TO AT LEAST 2023​.  Full Article

Mediclinic implements cost savings programmes in S. Africa, Switzerland
Tuesday, 17 Oct 2017 02:00am EDT 

Oct 17 (Reuters) - Mediclinic International Plc ::FY MARGIN EXPECTATIONS FOR SOUTH AFRICAN BUSINESS (NOT FOR COMPANY) REMAIN IN LINE WITH PREVIOUS GUIDANCE, BROADLY STABLE ON PRIOR YEAR, AT AROUND 21%​.TEAMS IN SOUTH AFRICA, SWITZERLAND IMPLEMENTED COST SAVINGS PROGRAMMES, PRODUCTIVITY INITIATIVES TO HELP MARGINS DURING H2.  Full Article

Mediclinic International says CEO has informed board of his intention to retire
Tuesday, 25 Jul 2017 02:30am EDT 

July 25 (Reuters) - MEDICLINIC INTERNATIONAL PLC ::MEDICLINIC INTERNATIONAL PLC SAYS COMPANY ANNOUNCES THAT ON 24 JULY 2017, DANIE MEINTJES INFORMED BOARD OF HIS INTENTION TO RETIRE FROM HIS POSITION AS CEO.MEDICLINIC INTERNATIONAL PLC - NOMINATION COMMITTEE WILL BEGIN A SEARCH TO IDENTIFY A SUCCESSOR FOR CEO.MEDICLINIC INTERNATIONAL PLC SAYS DANIE MEINTJES INFORMED HIS INTENTION TO RETIRE FROM HIS POSITION AS CEO AND A DIRECTOR OF COMPANY BY 31 JULY 2018.  Full Article

S.Africa's Competition Commission recommends prohibition of Mediclinic, Matlosana deal
Thursday, 6 Jul 2017 06:32am EDT 

July 6 (Reuters) - South Africa's Competition Commission::Commission has recommended to tribunal that Mediclinic Southern Africa, Matlosana Medical Health Services deal be prohibited.Proposed merger is likely to substantially prevent or lessen competition in market for provision of private healthcare services in Klerksdorp and surrounding areas.Proposed merger also raises public interest concerns as it significantly and negatively affects a particular industrial region around Klerksdorp.  Full Article