Korian considerably recovered from its pandemic-led activities loss in Q2, recording 6.4% organic growth and a 90bp improvement in the EBITDA margin in H1 21. The positive trend is expected to extend into H2, leading the group to upgrade its FY21 revenue target. It also reconfirmed its mid-term financial objectives for FY22.
02 Aug 2021
Organic growth picking up
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Organic growth picking up
Korian considerably recovered from its pandemic-led activities loss in Q2, recording 6.4% organic growth and a 90bp improvement in the EBITDA margin in H1 21. The positive trend is expected to extend into H2, leading the group to upgrade its FY21 revenue target. It also reconfirmed its mid-term financial objectives for FY22.