Mediclinic Intnl plc - Mediclinic S. Africa Site Visit & Trading Update
Company Number: 08338604
LSE Share Code: MDC
JSE Share Code: MEI
NSX Share Code: MEP
("Mediclinic", or the "Company", or the "Group")
Mediclinic Southern Africa Site Visit and Trading Update
− delivery against the
− continued improvements in clinical performance, patient experience, employee engagement and B-BBEE scorecard;
− advancing the co-located day case clinic strategy;
− navigating the regulatory environment; and
− delivering incremental growth in
EBITDA margin guidance for FY20 remains unchanged. In line with the Group's strategic objectives and a continued focus on improving clinical quality and patient experience, further investment will be made in employees and information communication technology during FY20. This, together with the expected lower margin contribution from Intercare and the ramp-up of the new Mediclinic Stellenbosch facility, is anticipated to result in a pre-IFRS16 EBITDA margin of around 20%.
No new material information will be provided during the event. Presentation material will be made available online shortly after
Mediclinic is an international private healthcare services group, established in
The Group's core purpose is to enhance the quality of life.
Its vision is to be the partner of choice that people trust for all their healthcare needs.
Mediclinic is focused on providing specialist-orientated, multi-disciplinary services across the continuum of care in such a way that the Group will be regarded as the most respected and trusted provider of healthcare services by patients, medical practitioners, funders and regulators of healthcare in each of its markets.
The Company's primary listing is on the
Mediclinic also holds a 29.9% interest in Spire Healthcare Group plc, a leading private healthcare group based in the
For further information, please contact:
+44 (0)20 3786 8181
+44 (0)20 3727 1000
+27 (0)21 487 9000
Registered address: 6th Floor,
Joint corporate brokers:
JSE sponsor (
NSX sponsor (
This information is provided by RNS, the news service of the