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Spire Healthcare Group Shares News & Articles

Spire Healthcare back in the black but lacklustre top line growth drags on share price

Independent hospital group Spire Healthcare (SPI) reversed 2018’s first half losses, posting a £9.6m pre-tax profit for the six months to 30 June 2019. But investors have focused on lacklustre top line growth, leaving the share price modestly lower (less than 1%) at 124.7p. Revenues increased just 3.4% to £491.6m. Private medical insurance, representing 50% of the business saw the ...

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn. That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index. This sums up a ...

Mediclinic under pressure as Swiss subsidiary struggles with weak inpatient admissions

Shares in Mediclinic (MDC) have crashed 18.7% to 386p as earnings came under pressure after its Switzerland subsidiary Hirslanden struggled with weaker than expected inpatient admission growth. The private hospital operator says sales in Hirslanden rose only 1% as revenue per bed days fell 2.8%, which it blamed on patients moving to different regions in the country and more generally insured ...

Market report: Ocado growth continues to impress, UK insurer JLT accepts buyout

UK and international online supermarket Ocado (OCDO) rallies to the top of the FTSE 100 leader board in early trade on an otherwise fairly quiet Tuesday for corporate hews. Shares in the company rise close on 4% to 947.6p after Ocado reported retail sales growth of 11.5% for the 13 weeks to 2 September. The company also said that its online grocery business received on average 283,000 orders ...
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