Updates

NMC Health - Positive guidance for 2020

December 2019

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The shares have shrugged off earlier wobbles after NMC’s capital markets day (CMD) reiterated earlier guidance for FY19 and introduced new guidance for FY20 for revenues of US$2,845m-US$2,915m and EBITDA of US$730m-US$760m, comparing favourably with consensus forecasts for US$730m.The c.1% EBITDA margin dip implied by FY’20 guidance reflects four new hospitals - two in Oman and two in the UAE, totalling 380 beds - entering ramp-up phase, so will have lower EBITDA contribution as occupancy rates build. They are expected to mature in 2-5 years, says broker Berenberg.FY’20 working capital and free cash flow are expected to be slightly worse than 2019 as a result of heavy capex, adding over 500 beds and 12-15 cl ...

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Lok 'n Store - Shares soar to new high of 645p

ASOS - Over £600m investment in new capacity will boost eps

NMC Health - Shares bounce sharply (October 2019)

NMC Health - Superb 28% growth in eps (May 2019)

NMC Health - Raises EBITDA guidance for FY'18 (December 2018)

NMC Health - Shares hit intra-day high of £43 (October 2018)

NMC Health - Gain to date: 858% (August 2018)

NMC Health - Berenberg has £40 price target (May 2018)

NMC (February 2018)

NMC - Closing in on £30 landmark (December 2017)

NMC Health - UAE hospitals group to increase eps 126% in three years (September 2017)

NMC Health - Shares soar above £20 for first time (June 2017)

NMCâ€ˆHealth - Gain to date a staggering 390% (May 2017)

NMC Health - Another eps enhancing acquisition (March 2017)

NMC Health - Acquires Saudi Arabian long-term care operator (October 2016)

NMC Health - Eps rise 23% to 50.6 cents (May 2016)

NMC - Another acquisition triggers 10% eps upgrade (January 2016)

NMC Health - Private hospitals operator forecast to increase eps by 131% over 3 years (October 2015)

NMC - Another acquisition triggers hefty eps upgrade (August 2015)

NMC Health - Eps upgraded 11% after two more acquisitions (June 2015)

NMC Health - Shares closing in on Â£7 following large acquisition (May 2015)

NMC Health - Rising occupancy drives sales growth (December 2014)

NMC Health - Khalifa City hospital on track to open in H1 â€˜15 (October 2014)

NMC Health (August 2014)

NMC Health - UAE hospital group to double bed capacity by 2016 (February 2014)

NMC Health - Middle Eastern private hospitals operator in major expansion push (December 2013)

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