Mediclinic International PLC (MDCM.L)
16 Nov 2018
JOHANNESBURG, Nov 15 Mediclinic International Plc plans to reduce capex for its Swiss business, open more outpatient surgery units and medical centres in order to mitigate regulatory challenges in Switzerland's healthcare market.
JOHANNESBURG, Nov 15 Mediclinic International Plc reported a 8 percent decline in half-year core profit on Thursday reflecting a smaller contribution from Hirslanden, its Swiss operation.
* MEDICLINIC INTERNATIONAL - IN MIDDLE EAST, 182-BED MEDICLINIC PARKVIEW HOSPITAL IN DUBAI OPENED IN SEPTEMBER ON TIME AND IN BUDGET
* MEDICLINIC INTNL PLC - COMBINATION - HIRSLANDEN LA COLLINE AND GRANGETTES
LONDON Online grocer and technology company Ocado entered Britain's index of biggest companies on Wednesday in a quarterly reshuffle of the FTSE 100 which clearly showed the zeitgeist in a disrupted retail industry.
* Retailers Mothercare and Moss Bros drop out of FTSE All-Share
JOHANNESBURG Mediclinic took a hefty $863 million (646.28 million pounds) writedown on its Swiss business on Thursday, tipping South Africa's biggest private hospital group into an annual loss and sending its shares tumbling.
* Shares tumble more than 8 percent (Adds CEO comment, shares)
JOHANNESBURG, May 24 South African private hospital group Mediclinic reported a 3 percent rise in annual core profit on Thursday, boosted by a recovery in its Middle Eastern operations.