Poging GOUD - Vrij

Netcare expects strong earnings growth despite slower performance

The Star

|

October 01, 2025

NETCARE is projecting adjusted headline earnings per share (HEPS) growth of 16% to 19% for the full year ending September 2025, underpinned by a forecast operating profit increase of at least 8.5%.

- TAWANDA KAROMBO

Netcare expects strong earnings growth despite slower performance

THE company on Tuesday cited robust growth in total paid patient days (PPD) and improved full-week occupancy as key drivers.

(COURTNEY AFRICA, Independent Newspapers)

The company on Tuesday cited robust growth in total paid patient days (PPD) and improved full-week occupancy as key drivers.

Revenue for the period is expected to rise between 4.5% and 4.7%, with the company returning approximately R854 million to shareholders through share buyback program for the repurchase of 64.2 million ordinary shares at an average price of 1 324 cents per share.

An additional 52.9 million shares were cancelled during the year. Netcare plans to release its full financial results next month.

"Following strong growth in total paid patient days in H1 2025, consistent with expectations and seasonal trends, activity growth slowed in H2 2025," said the company.

MEER VERHALEN VAN The Star

The Star

Cohabiting couples can claim joint estate

THE Supreme Court of Appeal in a recent judgment once again recognised cohabiting relationships, where couples are not married, and noted that the partnership does not need to be formal, such as in the case of marriage, before one partner can share in the joint estate accumulated during their cohabitation.

time to read

2 mins

October 14, 2025

The Star

The Star

Mbeki : It ‘hurts’ me when Operation Dudula blames foreign nationals for SA’s problems

FORMER President Thabo Mbeki says it hurts him when he sees Operation Dudula blaming foreign nationals for South Africa's problems, adding that the nation's challenges cannot be blamed on migrants.

time to read

2 mins

October 14, 2025

The Star

The Star

From 3-Step pioneer to global force: Thakzin opens ‘Gods Window’

THAKZIN, born Thabang Mathebula, has become one of the most recognised forces in South African music.

time to read

4 mins

October 14, 2025

The Star

Closed doors controversy: Madlanga Commission delays proceedings

THE Madlanga Commission was adjourned again yesterday morning following an application by media houses to stop the proceedings from being held behind closed doors.

time to read

1 mins

October 14, 2025

The Star

The Star

ASP Isotopes announces major expansion with new supply agreement and acquisition

THE JSE share price of ASP Isotopes, an advanced materials company that produces isotopes for various industries, surged by 28% to R210 on Monday after the announcement of a new supply agreement for enriched silicon-28 and a strategic acquisition.

time to read

2 mins

October 14, 2025

The Star

IMF meetings to begin under fresh cloud of US-China trade tensions

THE International Monetary Fund (IMF) and World Bank's semiannual gathering of finance ministers and central bank governors gets underway in Washington on Monday, against the backdrop of new trade threats from the world's two largest economies.

time to read

2 mins

October 14, 2025

The Star

Lunga Momoza: The most expensive intern in South Africa

MOST people in tech start a career as interns and ultimately they become CEOs and if they start a business they also become tech founders. It's rare for anyone to start as a founder and to later become an intern. This has been the case with Lunga Momoza, which makes him probably one of the most expensive interns in South Africa.

time to read

3 mins

October 14, 2025

The Star

A tribute and a transition: Fourie, Reddy, and the Book of Legacy

IN A WARM, meaningful exchange yesterday, Dr Leila Fourie, outgoing CEO of the JSE, handed me a copy of Architects of Influence: Women in Business, a fitting token from a leader whose tenure has embodied that very narrative.

time to read

1 min

October 14, 2025

The Star

How deadly N1 bus crash could have been avoided

Outcry over the accident that claimed over 40 lives, as calls for a thorough investigation mount

time to read

3 mins

October 14, 2025

The Star

Trio wins economics Nobel for work on tech-driven growth

The Nobel prize in economics was awarded on Monday to American-Israeli Joel Mokyr, France's Philippe Aghion and Canada's Peter Howitt for work on technology's impact on sustained economic growth.

time to read

1 min

October 14, 2025

Listen

Translate

Share

-
+

Change font size