Strong Revenue Growth
The company reported an organic revenue growth of 6.2%, driven by a price effect of 3.4% and an occupancy rate effect of 1.8%.
Improved Occupancy Rates
Occupancy rates improved across all regions, nearing 88% on mature perimeters, with nursing homes showing an occupancy rate increase of nearly 200 basis points.
EBITDA Growth
EBITDA grew by 29.5% like-for-like, with a margin increase from 12.1% to 13.8%.
Positive Cash Flow
For the first time in a decade, cash flow turned positive, improving by more than EUR 200 million year-on-year.
Major Disposal Achievements
The company exceeded its disposal target, securing EUR 2.1 billion since mid-2022, which is significantly above the initial target of EUR 1.5 billion.
Reduced Net Debt
Net debt reduced significantly due to successful disposals and real estate transactions, with a pro forma net debt expected to be around EUR 3.8 billion.