Mediclinic sees increase in EPS

Mediclinic Morningside in Johannesburg. File photo: Leon Nicholas

Mediclinic Morningside in Johannesburg. File photo: Leon Nicholas

Published May 13, 2015

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Cape Town - Mediclinic International said on Wednesday that it expects a 20- to 25-percent increase in basic earnings per share for the year to March.

The leading international private hospital group said in a trading statement that it expects basic earnings per share to come in at between 83.4 and 104.2 cents – or 20-25 percent – higher than the restated 416.8 cents reported for the year ended 31 March 2014.

The company’s basic headline earnings per share for the year ended 31 March 2015 are expected to be between 62.0 and 82.6 cents – or 15 percent and 20 percent – higher, than the 413.1 cents reported for the previous period. Excluding the one-off and exceptional items, basic normalised headline earnings per share are expected to be between 30.1 and 37.6 cents – or 8-10 percent – higher than the 375.8 cents reported for the previous period.

The full results are expected on May 22.

ANA

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