(BFM Stock Exchange) – The ex -Orpea confirmed its profitability target 2025 after revealing a turnover up in the first quarter.

In great financial difficulty in the months following the revelations of the “Les Fossoyeurs” survey book, published in January 2022, Emeis tried to gradually redo health. The ex-Orpea shows signs of operational improvement, after having assaulted its assessment at the cost of a heavy recapitalization very dilutive for shareholders.

In February, the company had delivered preliminary results superior to expectations which showed that the company was “on the right track”, noted Yi Zhong, analyst at the independent AlphaValue design office.

On the stock market, investors have taken note of the improvement of financial indicators and the progress of the company to reduce its debt. The title Emeis earned more than 80% at the end of Friday. This increase must however be nuanced, the action losing 99% over three years.

Improvement of the occupancy rate

The ex-Orpea begins the year 2025 on a dynamic commercial activity. In the first quarter, the group unveiled a turnover of 1.445 billion euros, up 5.2% in data published compared to the same period of the previous year. In organic data (excluding exchange effects and perimeter), growth comes at 6.2%.

In detail, the group’s turnover has notably been increased by a revaluation of prices and a favorable international activity dynamic, with a clear increase in the occupation of its establishments in particular in the Netherlands, in Austria and Spain.

In France, the average occupancy rate now reaches 87.6%, up 1.7 percentage points compared to the first quarter of 2024. “This increase is a reflection of a sequential improvement, quarters after quarters, of the occupation of establishments”, advances the group.

For all of its establishments, Emeis therefore displays an overall occupancy rate growing as its first quarter. Compared to the first three months of 2024, he appreciated 2 percentage points to 87%, compared to 85% a year earlier, “thus translating the confirmation of a favorable dynamic initiated in 2024, advances Emeis. This rate was even 83.3% at the end of 2023.

The ex-Orpea specifies that this occupancy rate would have been 88%, excluding “recent openings and restructuring establishments, whose occupancy rates are not yet mature”.

Confirmed 2025 objectives

Regarding his prospects, Emeis displays his confidence. The company expects this operational improvement observed since the second half of 2024 to be extended in 2025 “under the combined effects of a recovery of occupancy rates, the capture of favorable price effects and the best control of the loads”.

Emeis adds that he will communicate the early trends every year for the current exercise. “The supporting trends expected for 2025 seem to be confirmed after the first months of the year,” said the company.

The company thus plans to advance its operating profit before rents and depreciations (EBITDAR) from 15% to 18% in 2025. In 2024, this increase was only 6.3% to 740 million euros.

Emeis also made a point on his real estate transfer program. To date, the group has produced 1.03 billion euros in sales, and therefore arrives almost at the end of the 1.5 billion euros in transfers referred to at the end of 2025. “This ambition is today confirmed and comforted,” said the former Orpea.

On the Paris Stock Exchange, the announcements of the ex-Orpea are favorably appreciated by a euphoric Parisian market after the Sino-American truce on customs duties. The title of the specialist in the care of dependence increased by 9% around 12:50 p.m. after winning up to 12.3% in the morning.