Ramsay Santé is down 10% following the publication of a net loss (group share) of 17.3 million euros for its half-year ended December 2023, compared with a net profit of 43.9 million for the same period last year.

Its EBITDA fell by 9% to 284.6 million euros, due to lower subsidies, the widening gap between tariff increases and inflation in its cost base, combined with constraints linked to staff shortages.

On the other hand, sales for the private hospital group rose by 7.3% to 2.37 billion euros (+9.4% on a like-for-like basis), underpinned by business growth in all regions and by recent acquisitions.

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