StockMarketWire.com - Healthcare services group Mediclinic International said it expected to post an expected fall in annual earnings in a 'challenging healthcare environment'.

Ebitda for the year through March was seen falling around 3.5% from the £515m reported on-year, even as revenue rose 2.0% on the £2.87 posted on-year.

'I am encouraged by our operational progress this year, delivering on our strategic objectives,' chief executive Ronnie van der Merwe said.

'We executed against our growth strategy with investments across the continuum of care in all regions.'

'We opened Mediclinic Parkview Hospital in Dubai and several day case clinics in Switzerland and Southern Africa, and successfully integrated new investments across the group.'

'I am optimistic about our future and confident that we will make further progress against our strategic objectives in the next 12 months.'

In Switzerland, Hirslanden delivered on its revised full-year guidance with revenue up around 2.5%, though the Ebitda margin fell to around 16.0%, down from 18.3%.

At Mediclinic Southern Africa, revenue rose around 5.0%, though margins also weakened.

In Mediclinic Middle East, revenue rose around 7.0% and margins were flat.






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