Korian Reaffirms Earnings Guidance for the Year 2019; Provides Earnings Guidance for the Year 2021
October 22, 2019 at 11:45 am EDT
Korian reaffirmed earnings guidance for the year 2019. For the year 2019, based on the performances during the first nine months, company is confident it will achieve the objectives announced for financial year 2019, i.e. revenue growth above or equal to 8%.
For the year 2021, the company expects target average revenue growth over 8% (vs. 5% under the K-2020 plan) with over 14,000 new beds in the pipeline.