Edition:
United Kingdom

Netcare Ltd (NTCJ.J)

NTCJ.J on Johannesburg Stock Exchange

2,550.00ZAc
19 Jan 2018
Change (% chg)

26.00 (+1.03%)
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Open
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Latest Key Developments (Source: Significant Developments)

Netcare Issues Update On Operations In United Kingdom
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Netcare Ltd ::‍NETCARE'S FY2017 FINANCIAL PERFORMANCE MEANT THAT BMI'S FINANCING FACILITIES NEEDED TO BE AMENDED​.‍NETCARE ASSISTED BMI HEALTHCARE IN NEGOTIATING AN AMENDMENT​.‍AS PART OF AMENDED TERMS, NETCARE PROPOSED TO INVEST AN ADDITIONAL £20 MILLION INTO BMI AND PROVIDE CREDIT SUPPORT WITH RESPECT TO CERTAIN INDEBTEDNESS OF BMI​.‍REMAINS COMMITTED TO BMI AND IS IN DISCUSSIONS WITH ITS LARGEST LANDLORD (THEATRE PROPCO) WITH OBJECTIVE TO AGREE A RENT REDUCTION TRANSACTION.‍FURTHER FINANCIAL SUPPORT FROM NETCARE FOR BMI WILL REMAIN SUBJECT TO A RESOLUTION OF RENT RENEGOTIATION TRANSACTION WITH THEATRE PROPCO​.  Full Article

Netcare Ltd says ‍FY adjusted HEPS from cont ops down 24.6 pct to 149.6 cents
Monday, 20 Nov 2017 

Nov 20 (Reuters) - NETCARE LTD ::FY ‍REVENUE OF 34.13 BILLION RAND VERSUS 37.73 BILLION RAND YEAR AGO.FY ‍PROFIT BEFORE TAXATION DOWN 30.6 PERCENT TO 2.68 BILLION RAND.FY ‍NORMALISED GROUP EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION ("EBITDA") DECLINED 22.7% TO R4 265 MILLION​.‍FY ADJUSTED HEADLINE EARNINGS PER SHARE FROM CONTINUING OPERATIONS (ADJUSTED HEPS) REDUCED BY 24.6% TO 149.6 CENTS (2016: 198.5 CENTS)​.‍GROSS FINAL DIVIDEND OF 57.0 CENTS PER ORDINARY SHARE IS DECLARED IN RESPECT OF YEAR ENDED 30 SEPTEMBER 2017​.  Full Article

Netcare sees FY HEPS at least 20 pct lower
Tuesday, 27 Sep 2016 

Netcare Ltd : Jse: Ntc - Pre-close Trading Update And Trading Statement .Sees FY HEPS at least 20 pct or 35.8 cents less than those for same period in previous financial year of 174.1 cents.  Full Article

South Africa's Netcare says to outsource units to Clicks Group
Wednesday, 8 Jun 2016 

Netcare Ltd : Has entered into agreement to outsource their 37 retail pharmacies in Medicross and 51 hospital retail front shop of hospital division to Clicks . Clicks will assume control of all Medicross Pharmacies and front shops of Netcare Hospital Division . Agreement excludes dispensing of prescriptions in Netcare Hospital pharmacies which remain within Netcare's hospital operations. . Specific employees involved in these areas of business will be transferred to clicks on terms similar to their current conditions .Implementation date of transaction is expected to be 1 October 2016.  Full Article

Netcare six-month HEPS up 10.9 pct
Monday, 16 May 2016 

Netcare Ltd : Group revenue up 15.4 pct, R18,814m for six months ended 31 March 2016 . Group HEPS 10.9 pct, 90.3c for six months ended 31 March 2016 .Interim dividend per share of 38.0c.  Full Article

BRIEF-Netcare Issues Update On Operations In United Kingdom

* ‍NETCARE'S FY2017 FINANCIAL PERFORMANCE MEANT THAT BMI'S FINANCING FACILITIES NEEDED TO BE AMENDED​