All indicators are green Orpea

The group Orpea, manager of nursing homes and clinics average stay and Psychiatry, has published its 2009 results on Wednesday. All of its performance indicators are up. Its turnover grew by 20.1% on year to 843.3 million euros in operating income up 25.1% to 133.8 million euros.

Net income reached 61 million euros, an increase of 26.1%. The Board of Directors will propose at the general meeting a dividend of 0.15 euro per share against 0.10 in 2008.

Optimistic outlook for the next three years

The group says it plans for the next three years, sustained growth in its turnover.For 2010, it hopes to reach 960 million euros in sales and $ 1.1 billion in 2011 and 1.225 billion in 2012 "while maintaining solid profitability, growth in cash flow from operations and debt ratios controlled.

For Dr. Jean-Claude Marian, CEO Orpea, the group will "continue its dynamic development pace of about 3 fast cash without a hassle.000 beds per year, both by creating new institutions, through the obtaining additional authorizations in the context of calls for projects that through targeted acquisitions.Indeed, in France, as in other European countries where the group, there is still considerable potential of an aging population, and offers a notoriously insufficient. "

Orpea available in March 2010 with a network of institutions spread over 300 sites in Europe for 28,073 beds, 22,892 beds in France on 252 sites, the rest spread between Spain, Belgium, Italy and Switzerland.

The title Orpea the Paris Stock Exchange climbed 2.79% to 31.35 euros to 9:05 Wednesday.

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