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NMC Health PLC (NMC.L)

NMC.L on London Stock Exchange

3,582.00GBp
13 Nov 2018
Change (% chg)

82.00 (+2.34%)
Prev Close
3,500.00
Open
3,484.00
Day's High
3,582.00
Day's Low
3,476.00
Volume
263,557
Avg. Vol
424,162
52-wk High
4,376.00
52-wk Low
2,661.00

Latest Key Developments (Source: Significant Developments)

NMC Health Raises FY Core Earnings, Revenue Growth
Monday, 22 Oct 2018 02:00am EDT 

Oct 22 (Reuters) - NMC Health PLC ::CAPITAL MARKETS DAY & POSITIVELY REVISED GUIDANCE.NOW ANTICIPATE INCREASE OF 2% IN REVENUE GROWTH FROM 22% TO 24% AND INCREASED EBITDA GUIDANCE FROM $465M TO $480M BY YEAR-END 2018.2019 GUIDANCE WILL ALSO POINT TOWARDS CONTINUATION OF STRONG ORGANIC GROWTH.REVENUE FORECAST TO INCREASE BY 22-24% AND EBITDA IS EXPECTED TO INCREASE BY 18-20% IN 2019.2019 GUIDANCE DOES NOT INCLUDE EFFECTS OF IMPLEMENTATION OF IFRS 16.2019 GUIDANCE DOES NOT REFLECT IMPACT OF ANTICIPATED FINANCIAL CONSOLIDATION OF NATIONAL MEDICAL CARE CO.CONFIDENT ON LONGER-TERM MARGIN GUIDANCE FOR CO AND NMC REMAINS ON TRACK TO ACHIEVE 25% EBITDA MARGIN BY 2020/2021.FORMALIZATION OF JV WITH HASSANA/GOSI ON TRACK FOR COMPLETION DURING Q4.  Full Article

NMC Health Says ‍FY Adjusted Net Profit Up 43.2 Pct​
Wednesday, 7 Mar 2018 02:01am EST 

March 7 (Reuters) - Nmc Health Plc ::FY REVENUE ROSE 31.3 PERCENT TO 1.603 BILLION USD.FINAL DIVIDEND 13 PENCEPER SHARE.‍FY ADJUSTED NET PROFIT $236.6 MILLION, UP 43.2%​.  Full Article

NMC updates on regulatory approval in Saudi Arabia
Monday, 25 Sep 2017 03:00am EDT 

Sept 25 (Reuters) - NMC Health Plc ::NMC RECEIVES ALL REGULATORY APPROVALS FOR LONG-TERM CARE FACILITY IN JEDDAH.HAS RECEIVED ALL REGULATORY APPROVALS FOR ITS LONG-TERM CARE FACILITY, CHRONIC CARE SPECIALTY MEDICAL CENTER IN JEDDAH, KSA.  Full Article

NMC Health says H1 revenue rose 34 pct
Wednesday, 23 Aug 2017 02:00am EDT 

Aug 23 (Reuters) - Nmc Health Plc :H1 REVENUE ROSE 34 PERCENT TO 775.2 MILLION USD.REPORTED REVENUES INCREASED BY 34.0% YEAR-ON-YEAR TO REACH US$775.2M IN H1.H1 EBITDA REACHED US$170.7M (+47.3% YOY), RESULTING IN A GROUP EBITDA MARGIN OF 22.0%.H1 ADJUSTED NET PROFITS ATTRIBUTABLE TO SHAREHOLDERS INCREASED TO US$105.7M (+56.0% YOY).  Full Article

NMC Health names Prasanth Manghat as CEO
Wednesday, 8 Mar 2017 03:05am EST 

NMC Health Plc : NMC health promotes Prasanth Manghat to CEO . Announces appointment of current deputy CEO and executive director, Prasanth Manghat, to CEO, effective 8 March 2017. .Out-going ceo and founder, BR Shetty to take up joint non-executive chairmanship.  Full Article

NMC Health says Al Zahra hospital acquisition on track
Thursday, 2 Mar 2017 06:56am EST 

NMC Health Plc : Update on proposed acquisition of Al Zahra . confirms that completion process of proposed acquisition of Al Zahra hospital is on-track to complete before end of march 2017 .Since start of 2017, Al Zahra hospital has been trading ahead of management expectations..  Full Article

UPDATE 1-NMC Health raises full-year core earnings view

Oct 22 United Arab Emirates-based healthcare provider NMC Health Plc on Monday raised its full-year core earnings and revenue forecasts, citing strong organic growth, and said it remained confident in achieving its longer-term margin guidance.