“Private hospital group Netcare is on track to achieve revenue growth of 5% to 6% for the financial year ending in September 2025, with revenue and occupancy rates expected to meet guidance,” reproted Business Day (30 March 2025)
Valued at approximately R19bn on the JSE, Netcare’s share price has declined by 11.6% this year, although it increased to R13.57 after a trading statement indicated improved occupancy before closing at R13.25.
“Netcare plans to maintain capital expenditure of R1.5 billion, consistent with the previous year, and continues its share buyback programme, having repurchased 112.6 million shares since September 2023.”