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NMC Health reports 13.9% growth in third-quarter revenue
- United Arab Emirates: Wednesday, October 31 - 2012 at 02:32
Abu Dhabi-based healthcare provider NMC Health has said it remains on track to hit full-year profit after stronger growth in the third quarter, driven by a strong performance in its Healthcare division and a good recovery in Distribution. Group revenue in the three months to September 30 jumped by 13.9% from $108.3m to $123.4m. The firm said that earnings before interest, tax, depreciation and amortisation (EBITDA) for the full year is expected to be in line with management's expectations. NMC Health also said the opening of the Brightpoint Women's Hospital has been delayed and is now expected to take place in the second half of next year.
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