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Netcare delivers strong results in 2025 amidst ongoing digital innovation in its wards
The Star
|November 25, 2025
NETCARE generated a solid financial performance that highlights adaptability and commitment to digital transformation in its year to September 30, 2025. There was a notable increase in revenue and operating profit, underscoring resilient demand for private healthcare services in South Africa. Group revenue escalated by 4.5% to R26.34 billion.
NETCARE CEO Dr Richard Friedland says that following the completion of a 'Digitally Enabled first phase in 2024, which fully digitised the group's ecosystem, "we have established a robust foundation for the next exciting wave of innovation," The group has announced the imminent rollout of wearable devices for all its patients in general wards.
Additionally, normalised earnings before interest, tax, depreciation, and amortisation (EBITDA) saw an impressive improvement of 8.4%, rising to R4.91bn. These results reflect strong operational leverage, with an EBITDA margin gain of 60 basis points, climbing from 18% to 18.6%.
Dr Richard Friedland, Netcare's CEO, attributed the positive results to heightened activity levels, ongoing benefits from digitisation, and lower costs from the completion of specific projects.
"These pleasing results have been achieved, notwithstanding a challenging macroeconomic and competitive landscape. Our performance was underpinned by resilient demand for private healthcare services," he said.
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