Spire Healthcare announce a maintained final dividend of 2.5 pence proposed and a total dividend maintained at 3.8 pence

DividendMax Ltd.

Spire Healthcare announce a maintained final dividend of 2.5 pence proposed and a total dividend maintained at 3.8 pence

The Spire Healthcare Board has approved a 2019 final dividend of 2.5 pence per share (2018: 2.5 pence) payable on 23 June 2020.

Other financial highlights include:

• 5.3% revenue growth to £980.8 million (2018: £931.1 million)

• Private growth 5.8% in 2019 (2018: 3.4%). PMI revenues +7.0%, Self-pay +2.7% and NHS +5.0%

• Operating Profit growth to £94.4 million (2018: £71.1 million)

• Net bank debt lowered, with covenant leverage at 3.0x EBITDA (3.3x at end June 19, 3.3x at end Dec 18) versus limit of 4.0x

• Adjusted EPS 2.4 pence (2018: 4.1 pence)

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