{"id":31218,"date":"2022-05-26T17:49:13","date_gmt":"2022-05-26T17:49:13","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns"},"modified":"2022-05-26T17:54:20","modified_gmt":"2022-05-26T17:54:20","slug":"life-healthcare-revenue-climbs-as-demand-for-services-returns","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns","title":{"rendered":"Life Healthcare revenue climbs as demand for services returns"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Life Healthcare has attributed a 4.2% jump in group revenue to R13.5 billion for the six months to end-March to improved demand for health services.<\/p>\n

The results comprised of a 4.5% increase in Southern African revenue to R9.5 billion and international revenue rising by 1.8% to R3.8 billion.<\/p>\n

Normalised earnings before interest, taxation, depreciation and amortisation (EBITDA) for the hospital group\u2019s international operations fell 13.3% to R806 million from R930 million due to the ending of Covid-19-related support services to the NHS in the UK, while its Southern African operations saw normalised EBITDA growth of 7.5% to R1.6 billion. Headline earnings per share fell 12.7% to 41.4 cents.<\/p>\n

The board approved an interim dividend of 15 cents per share for the period.<\/p>\n

Group CEO Peter Wharton-Hood, said “the diminishing disruptions from recent Covid-19 waves, coupled with signs of normality returning, have driven an encouraging recovery in healthcare demand, which is reflected in these results.”<\/p>\n

“The group remains in a strong financial position, and we have demonstrated our ability to remain resilient during the numerous Covid-19 waves and other challenges including the recent flooding in KwaZulu-Natal\u2026 I am confident that Life Healthcare has emerged from the pandemic a more resilient and agile business.”<\/p>\n

The group’s share price was up over 2% in morning trade.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Life Healthcare has attributed a 4.2% jump in group revenue to R13.5 billion for the six months to end-March to improved demand for health services. The results comprised of a 4.5% increase in Southern African revenue to R9.5 billion and international revenue rising by 1.8% to R3.8 billion. Normalised earnings before interest, […]<\/p>\n","protected":false},"author":84,"featured_media":31217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,227,2076,2077,275],"class_list":["post-31218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-health","tag-hospital","tag-life-healthcare","tag-south-africa-2"],"yoast_head":"\nLife Healthcare revenue climbs as demand for services returns - South Africa<\/title>\n<meta name=\"description\" content=\"Life Healthcare has attributed a 4.2% jump in group revenue to R13.5 billion for the six months to end-March to improved ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Life Healthcare revenue climbs as demand for services returns\" \/>\n<meta property=\"og:description\" content=\"Life Healthcare has attributed a 4.2% jump in group revenue to R13.5 billion for the six months to end-March to improved ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-26T17:49:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-26T17:54:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2022\/05\/postQueueImg_4-628fbeb1d351a.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"755\" \/>\n\t<meta property=\"og:image:height\" content=\"419\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Life Healthcare revenue climbs as demand for services returns\",\"datePublished\":\"2022-05-26T17:49:13+00:00\",\"dateModified\":\"2022-05-26T17:54:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns\"},\"wordCount\":228,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2022\/05\/postQueueImg_4-628fbeb1d351a.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"Health\",\"hospital\",\"life healthcare\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/life-healthcare-revenue-climbs-as-demand-for-services-returns\",\"name\":\"Life Healthcare revenue climbs as demand for services returns - 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