(Reuters) – Emeis announced Tuesday to expect an average annual growth rate of turnover on a constant scope of between 4% and 5% between 2024 and 2028, the French EHPAD group publishing its results of the first semester.
Citing a “financial performance on board since the second half of 2024” which should continue, Emeis also says to expect an average annual growth of the Ebitdar on a constant scope between +12% and 16% between 2024 and 2028.
Emeis, which also confirms its prospects for the 2025 tax fiscal year, has a turnover up 4.9% on the first half, to 2.91 billion euros, carried by Northern Europe and South Europe & Latam.
Its EBITDAR is 401 million euros over the period, up +18.5% over a year.
The group’s occupancy rate increased by 1.7 points over a year, reaching 87% at the end of June 2025.
Emeis also reports a positive free cash flow on the semester, standing at 26 million euros and up 204 million euros over twelve months.
Asked about this, Laurent Guillot, Director General of Emeis said: “It has been at least a decade that he (the free cash flow) is negative. So it is a completely considerable reversal for the group to be in a position to generate cash and not to consume it.”
(Written by Etienne Breban; edited by Augustin Turpin)
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