Ramsay Santé: makes net loss in 2023-24

(CercleFinance.com) - Ramsay Santé has reported a net loss (group share) of E53.
9m for 2023-24, compared with a net profit of E49.4m last year, due to lower operating income and higher debt costs.

EBITDA fell by 1.7% to E610.9m, impacted by significantly lower subsidies than in the previous year, higher salaries, purchasing inflation and staff shortage constraints.

The private hospital group's sales rose by 6.5% to E5bn (around +7.5% LFL), underpinned by business volume growth in all geographical areas.

In line with its position in recent years, the Board of Directors decided unanimously on 18 October not to propose a dividend distribution for the year ended 30 June 2024 at the next Annual General Meeting.


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