Spire Healthcare increases its 2015 final dividend by 33%

DividendMax Ltd.

Spire Healthcare increases its 2015 final dividend by 33%

Group financial highlights

Revenue increased by 3.4% to £884.8m (2014: £856.0m) with growth across all payor groups

In-patient and daycase admissions grew 3.7% to 270,000 cases (2014: 260,300) with growth across all payor groups

Adjusted EBITDA up 2.2% to £160.1m (2014: £156.7m)

Adjusted basic EPS of 18.3p per share (2014: 17.9p)

Adjusted EBITDA conversion to operating cash flow before exceptional items and income tax was 104.1% (2014: 104.8%)

Capital investments totalled £109.5m (2014: £105.1m, including the St Anthony's Hospital acquisition)

Net debt reduced to £419.5m, with leverage at 2.6 times Adjusted EBITDA (2014: £424.3m and 2.7 times Adjusted EBITDA)  

Final dividend proposed of 2.4p per share payable on 28 June 2016 (2014: 1.8p). Total dividend paid or proposed for 2015 of 3.7p per share (2014: 1.8p)

Companies mentioned