on LNA SANTE (EPA:LNA)
LNA Santé publishes its annual results for 2023
Solid growth and objectives achieved despite challenges
By Rémy EISENSTEIN - LNA Santé, a French health specialist, announced its results for the year 2023, marked by a dynamic of activity and performance in line with its objectives. The company's turnover increased by 5.8% to reach 719.8 million euros. Organic growth stood at 5.9%, reflecting full occupancy in its SMR clinics and an occupancy rate in nursing homes of 94.3%.
Operating results reflect a slight decline with current operating income of 63.8 million euros (-1.7%) and a net operating margin of 3.8%, a slight decline. As for operating debt, it displays a leverage of 1.76x, an improvement compared to the previous year. LNA Santé thus confirms its ability to generate solid growth while strengthening its societal commitment and governance.
However, the company had to face a difficult economic situation, marked by persistent staff tensions and inflation, which impacted its results. Despite these challenges, the resilience of LNA Santé and the commitment of its teams have made it possible to maintain its momentum. The company continues to pursue its ambitions as part of its “Growing Together 3” project, in particular with clear objectives and the implementation of new service offerings. Jean-Paul Siret, president of LNA Santé, underlines the group's desire to place people and ethics at the heart of its business project.
With a solid financial base and strong investment capacity, LNA Santé is confident in the future and forecasts organic growth of 4.5% for 2024, targeting an operating turnover of more than €750 million. euros.