ORPEA, the leading European player in Long‐Term Care (nursing homes), Post‐Acute Care and Psychiatric Care, has today announced its consolidated results1 for the financial year to 31 December 2012.
In €m
(IFRS) 2012 2011 ▲%
Revenues 1,429.1 1,234.1 +15.8%
EBITDAR (EBITDA before rents) 368.5 311.4 +18.4%
EBITDA 256.3 218.2 +17.5%
Recurring operating profit 193.7 163.2 +18.7%
Operating profit 222.2 190.0 +16.9%
Profit before tax 149.4 125.0 +19.5%
Attributable net profit 97.0 80.3 +20.8%
At 1st March 2013, the Group had a unique European network of 431 healthcare facilities with 40,374 beds (34,972 of them operational), including:
• 29,477 beds in France: 26,488 operational (including 2,334 being renovated) + 2,989 under construction, at 339 facilities,
• 10,897 beds in Europe (Spain, Belgium, Italy and Switzerland): 8,484 operational (including 912 being renovated) + 2,413 under construction, at 92 facilities.
Source : Company