(Alliance News) - Garofalo Health Care Spa reported Thursday that it closed the first half of the year with a net profit of EUR19.0 million, up 19 percent from EUR16 million as of June 30, 2023.
Revenues for the period stood at EUR251.5 million from EUR186.7 million and up 25 percent from the first half of 2023.
Net financial position stood at EUR195.2 million with leverage of 2.5x.
Maria Laura Garofalo, CEO of GHC, commented, "The first-half results confirm the solid and steady growth trend across all business areas. While this trend is driven by increased demand for healthcare services, it also clearly signals the quality of our facilities, which increasingly stand out as poles of excellence capable of attracting private and Out-of-Region patients as well."
"With great satisfaction, I particularly emphasize the results of the Aurelia Group, which, thanks to the strategic and managerial impetus of GHC, is recording particularly satisfactory performance, which we expect to improve further in 2025."
Garofalo Health Care is flat at EUR5.42 per share.
By Claudia Cavaliere, Alliance News reporter
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