ORPEA Group

Q3 2022 Revenue Growth of +6.4%, at €1,181M - Seite 2

64.3

+45.0%

+17.7%

 

125.5

178.5

+42.2%

+16.1%

Rest of the World

 

0.8

1.0

+19.9%

+8.6%

 

2.3

2.9

+26.0%

+18.6%

Total revenue

 

1,109.9

1,181.3

+6.4%

+4.0%

 

3,179.4

3,475.8

+9.3%

+5.5%

Composition of the geographical areas: Central Europe (Germany, Italy and Switzerland), Eastern Europe (Austria, Poland, the Czech Republic, Slovenia, Latvia, Croatia), Iberian Peninsula and Latam (Spain, Portugal, Brazil, Uruguay, Mexico, Colombia, Chile), Rest of the World (China).

The Group's revenue in the third quarter of 2022 amounted to €1,181.3m, up 6.4%, of which 4.0% was organic growth.

In France Benelux UK Ireland, revenue growth was 2.1% and was mainly organic (+1.6%). The growth observed in both the Netherlands and Belgium made it possible to offset the slight decrease observed in France (-0.6%), resulting from a higher basis of comparison over the same period in 2021, with retirement homes activity still impacted by the crisis context. Thus, during the 3^rd quarter, after the decline observed between January and April 2022, the occupancy rate in retirement homes in France has risen slightly to an average of 85.4%, i.e. an increase of +0.9 point compared to the 2^nd quarter of 2022 (a level nevertheless approximately 1.5 points lower than the average rate observed in the third quarter of 2021). On the other hand, the turnover of the clinics in France showed a good resilience, remaining almost stable compared to the 3^rd quarter of 2021.