Klea Holding: sustained growth in 1st half-year

(CercleFinance.com) - Klea Holding announced on Friday that it had continued its strong growth in the first half of the year, with sales up 23% and operating profit (Ebitda) up 47%.


The French group, whose main asset is Smart Salem, a network of digitalized medical analysis centers based in Dubai, reports that the latter alone generated sales of 7.9 million euros in the first six months of the year, compared with 6.4 million euros a year earlier.

In particular, sales from the health check-up business increased 26-fold year-on-year, thanks to a strategy of expanding the range to include hormone tests, dietician consultations and intestinal health analyses.

The ex-Visiomed company explains that the sustained growth in revenues was accompanied by a strong improvement in Ebitda, which reached 1.3 million euros, up 47% year-on-year.

In its press release, Klea Holding indicates that it is aiming for continued strong growth in the second half of 2024, driven in particular by the continued ramp-up of the health check business line.

The reopening of the City Walk center, scheduled for October after a six-month closure, should also help to maintain a strong growth trend, the company stresses.

The company asserts that this trend should be accompanied by tight control of the Group's operating and overhead costs, enabling a steady improvement in Ebitda over the second half of the year.

Following this publication, Klea Holding's share price climbed by more than 5% on Friday midday on the Paris stock exchange.

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