1/ Orpéa signed an agreement to acquire the German retirement home family group Residenz Gruppe Bremen (FY14 sales €67m, 2,496 beds + 510 under construction), which will be consolidated from Q4 15. 2/ Q2 15 sales grew 26.5%; organic growth was 5.6%, as expected.
22 Jul 2015
New acquisition in Germany
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New acquisition in Germany
Orpea SA (ORP2:WBO) | 0 0 0.7% | Mkt Cap: 6,500m
- Published:
22 Jul 2015 -
Author:
Armelle Moulin -
Pages:
2
1/ Orpéa signed an agreement to acquire the German retirement home family group Residenz Gruppe Bremen (FY14 sales €67m, 2,496 beds + 510 under construction), which will be consolidated from Q4 15. 2/ Q2 15 sales grew 26.5%; organic growth was 5.6%, as expected.