2019 HALF-YEAR RESULTS

PARIS - JULY 31st, 2019

H1 2019

KEY HIGHLIGHTS

2019 HALF-YEAR RESULTS - 31 JULY 2019

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H1 2019 KEY FIGURES

Strengthening the Group's development

REVENUE

€1,767m

+8.2%

+3.8%

vs +6.0% H1 2018

vs +2.9% H1 2018

REPORTED GROWTH

ORGANIC GROWTH

EBITDA MARGIN

14.6%

+70bps vs H1 2018

NET PROFIT €60.1m

GROUP SHARE

+9.1% vs H12018

Figures as of June 30, 2019 - Excluding IFRS 16

CASH FLOW

€86.6m

OPERATING FREE

+57% vs restated OFCF in H1 2018

FINANCIAL 3.2x

LEVERAGE

stable vs H1 2018

REAL ESTATE €1.8bn

PORTFOLIO*

(estimated*)

vs 16% in H1 2018

* No revaluation as at end June 2019

Value performed by Cushman & Wakefield as at end December 2018 (cap rate: 5.8%)

2019 HALF-YEAR RESULTS - 31 JULY 2019

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EUROPEAN LEADERSHIP IN 6 HIGH POTENTIAL MARKETS

Acquisition

2019

#1 #1

#1

#2

Acquisition

2019

6 countries representing nearly 55% of the EU population over 75 years old

Key figures

850

81,000

54,000

FACILITIES

Beds

EMPLOYEES

Range of services

FRANCE

GERMANY

BELGIUM

ITALY

SPAIN NETHERLANDS

2019

Medical Care and Clinics

Home Care services

Assisted Living facilities

and shared housing for seniors

Nursing Homes

2019 HALF-YEAR RESULTS - 31 JULY 2019

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EUROPEAN EXPANSION

Build up started in Spain

Valencian C.

Andalusia

156

2

1,178

7

Balearic Islands

696

6

KEY 2018

€34m revenue

15 facilities with 2,030 beds

FIGURES

4th European market

Spain's Ageing population

Highly fragmented

65+ will represent 25%

MARKET

& underequipped

of the population in

Balearic Islands:

2030

DRIVERS

Ageing rate of the

concentrated but

high demand

Balearic Islands

population is above the

national average

Grupo 5 to be integrated on July 1st, 2019

  • Build up started with Group core activity, Nursing Homes
  • Already present in 3 different regions (Andalucia, Valencia and Balearic Islands) with important equipment needs in terms of elderly care and dependency
  • Ready to leverage attractive growth potential and diversification

Seniors

Assisted living facilities and Nursing Homes with day care, long-term and short-term stays

Strong Medical expertise and premium service quality

Nursing Homes from Grupo 5

Large proportion of concerted beds

High level of specialisation and care

Attractive growth potential and diversification

5 2019 HALF-YEAR RESULTS - 31 JULY 2019

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Korian SA published this content on 31 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2019 16:29:01 UTC