Life Healthcare Group Holdings Ltd (FRA:L53)
€ 0.895 -0.005 (-0.56%) Market Cap: 1.26 Bil Enterprise Value: 1.36 Bil PE Ratio: 5.10 PB Ratio: 1.92 GF Score: 74/100

Half Year 2023 Life Healthcare Group Holdings Ltd Earnings Call Transcript

May 25, 2023 / 08:00AM GMT
Release Date Price: €1 (+0.50%)
Operator

Good day, ladies and gentlemen, and welcome to the Life Healthcare Unaudited Group Interim Results. (Operator Instructions) Please note that this call is being recorded. I would now like to hand the conference over to Peter Wharton-Hood. Please go ahead.

Peter G. Wharton;Hood
Life Healthcare Group Holdings Limited - Group CEO & Executive Director

Good morning, ladies and gentlemen, and welcome to the executive management presentation for the 6 months ended March 2023. We are delighted to report a strong business performance during the 6 months, underpinned by exceptional performances both in South Africa and internationally.

Our Southern African business grew revenue by 11.6% to just short of ZAR 11 billion. Nearly normalized EBITDA up 13.5% to ZAR 1.8 billion, off the back of a strong improvement in our paid patient days during the period under review, which increased by 12.5%, and will explain in more detail by Adam later on.

From a strategy perspective, in South Africa, we're starting to see that the promises we made

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