Orpea has released FY18 results and FY19 revenue guidance in line with consensus expectations. The good news was the group has continued its aggressive international expansion by acquiring a 50% stake in a Chilean nursing home market leader and a 20% stake in a Brazilian market leader, both with a call option to buy out the remaining interest within five years. We are upbeat about the accelerating development in this fast-growing and relatively immature Latin America market.
27 Mar 2019
Becoming the market leader in Latin America
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Becoming the market leader in Latin America
Orpea has released FY18 results and FY19 revenue guidance in line with consensus expectations. The good news was the group has continued its aggressive international expansion by acquiring a 50% stake in a Chilean nursing home market leader and a 20% stake in a Brazilian market leader, both with a call option to buy out the remaining interest within five years. We are upbeat about the accelerating development in this fast-growing and relatively immature Latin America market.