Georgia Healthcare Group PLC (“GHG” or the “Group” – LSE: GHG LN), announces the Group’s first quarter 2019 consolidated financial results. Unless otherwise mentioned, comparatives are for the first quarter of 2018. The results are based on International Financial Reporting Standards (“IFRS”) as adopted in the European Union (“EU”), are unaudited and extracted from management accounts.
GHG announces today the Group’s 1Q19consolidated results, reporting 13.3% y-o-y growth in revenues to GEL 235.2 million (US$87.4 million/GBP 77.9 million) and 90 bps improvement in adjusted ROIC1. The Group posted a profit of GEL 18.3 million (US$6.8 million/GBP 6.1 million) and earnings per share (“EPS”) of GEL 0.09(US$0.03 per share/GBP 0.03 per share), both excluding IFRS 16 impact.