BRIEF-Life Healthcare Sees HY HEPS Down 45.1% To 55.1%

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BRIEF-Life Healthcare Sees HY HEPS Down 45.1% To 55.1%
Credit: © Reuters.

April 24 (Reuters) - Life Healthcare Group Holdings Ltd LHCJ.J :

* TRADING STATEMENT

* HY REVENUE GROWING BY BETWEEN 8.6% AND 10.4% IN CHALLENGING OPERATING CONDITIONS (2018: R11 323M)

* SEES HY HEPS 24.1 CPS TO 29.5 CPS, DOWN 45.1% TO 55.1%

* HEPS HIT BY LOSS ON MARKED-TO-MARKET VALUATION ON OPTION CONTRACTS IN PLACE FOR HY ENDED 31 MARCH 2019 WHICH IS R256 MILLION

* HY RESULTS ALSO HIT BY LARGER TRANSACTION COSTS, IMPAIRMENTS OF ASSETS, INCREASE IN CONTINGENT CONSIDERATION RELATING TO PAST DEALS

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