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NETCARE. A fair prognosis Richard Friedland.
(From Financial Mail)
Byline: Shoks Mzolo
NETCARE A fair prognosis Richard Friedland Feeling bullish Netcare, SA's largest private healthcare provider, has produced fair to middling year-end results. Some analysts were disappointed when the results came in below market expectations and a survey by I-Net showed most placed no more than a hold on the share.
Netcare's 54% surge to R11,6bn in turnover is exaggerated by the inclusion of the recently acquired UK-based General Healthcare Group (GHG). Headline EPS were lower than the 62,3c forecast by analysts surveyed by I-Net Bridge. The one bit of unequivocal good news was operating profit shot up 30% to …
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