NMC Healthcare is UAE’s largest private healthcare provider. It has two main branches of business, NMC Healthcare and NMC Trading.
From a one room clinic in Abu Dhabi to a global healthcare enterprise in 40 years – this is the journey called NMC.
Since its inception, NMC has been chalking out distinct growth strategies that reflect the continuing leadership in the market. Having focused on expanding the capacities and building new capabilities, NMC has developed specialised verticals covering multi-specialty care, maternity and fertility, long-term and home care, operations and management and distribution services.
Over the years, NMC has earned the trust of millions, thanks to its personalised care and a sincere commitment to the overall well-being of the community it serves.
With a team of over 2,000 doctors and 18,000 paramedical and support personnel, NMC owns and manages over 135 healthcare facilities that includes hospitals, medical centres, long term care facilities, day surgery centres, fertility centres and home health services providers.
Every year, over 8.5 million patients are treated by NMC doctors across UAE, Saudi Arabia, Kuwait, Oman, UK, Spain, Italy, Denmark, Slovakia, Egypt, Brazil and Colombia.
NMC was the first company from Abu Dhabi to list on the London Stock Exchange and is now part of the FTSE 100 Index, an elite club of top 100 blue-chip companies by market cap.

The naked trader 27 Feb -


I've bought some more NMC Health (LON:NMC) at 265.6. Off the radar for most this one but I've already made profits of more than 30% on it and happy to average up with some more.

Excellent results yesterday with big rising profits and a confident outlook - it is very close to gaining entry to the FTSE 250 if it goes a little higher and could enter next month or in June which would give it another lift.

And finally as you know I am a big fan of topping up shares I already hold that have already gone up a lot.

NMC Health PLC (NMC:LSE) set a new high during today's trading session when it reached 308.00. Since the IPO on Apr 02, 2012, the share price is up 43.33%.

Great chart.

NMC Health records increase in quarterly revenues
Tue 30 Apr 2013


NMC Health records increase in quarterly revenues LONDON (SHARECAST) - NMC Health has posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division.

The chain, which has branch hospitals in Dubai, Sharjah and Al Ain, said it was trading in line with expectations for revenue and earnings before interest, tax, depreciation and amortisation (EBITDA).

Its healthcare division’s occupancy rates increased 64% in the quarter, compared to 55.7% the year earlier, despite an additional 31 beds.

Revenue in the Distribution division increased by more than 10% to $77.3m, compared with the three months to March 31st 2012. Gross margin levels remain as expected.

The group had $217.6m of cash and bank deposits, and a total group debt of $302.6m as at March 31st 2013, both broadly in line with management expectations.

"NMC Health has made a strong start to the year. Occupancy levels in the healthcare division continue to increase driven by a strong demand for our services in the region," Chief Executive Bavaguthu Raghuram Shetty said.

"The Distribution division continues to perform well in good macro-economic conditions in the UAE. We are looking forward to opening our day patient centre in Mussafah in the coming weeks and I am pleased with the progress we are making with our other capital projects."

The group added that its capital projects remain on budget. Projects include the Brightpoint Women's Hospital, Mussafah day patient medical centre, Dubai Investment Park General Hospital and Khalifa City Specialty Hospital.

The share price fell 3.23% to 326.90p by 09:35 Tuesday.

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30 Apr 15:22 NMC Health PLC Numis Downgrades

LONDON (ShareCast) - NMC Health continued to fall one day after it posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division. The figures failed to impress Numis Securities, prompting a downgrade from 'buy' to 'hold'.

NMC Health: Numis upgrades to buy with its target price at 350p

Ex divi 29 May payment 4 July 4.1p

Consensus recommendation



As of May 24, 2013, the consensus forecast amongst 3 polled investment analysts covering NMC Health PLC advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Apr 03, 2013. The previous consensus forecast advised investors to purchase equity in NMC Health PLC.

Share price forecast


The 3 analysts offering 12 month price targets for NMC Health PLC have a median target of 350.00, with a high estimate of 379.00 and a low estimate of 338.00. The median estimate represents a 17.06% increase from the last price of 299.00.

NMC Health: Numis ups target price from 500p to 560p and reiterates a buy recommendation.

In todays mail newspaper - Dubai decision lifts NMC Health.

More old codgers are retiring in Dubai and its easy to see why. Cold and wet weather is unlikely to ever bother them again and the heat will help their various ailments, so prevalent in the UK , totally alleviated.
Dubai's small population and numerous medical facilities in the private and public sector also mean that long waiting lists for a hospital bed are almost unheard of in the country.
Savings and pensions are probably better off invested in the Emirates for tax purposes too and, with strict alcohol laws reducing crime in the region to absolute minimum levels, the seven-plus hour flight on Virgin Atlantic out of Gatwick for many is well worth enduring.
Dubai was in the news yesterday after shares of NMC Health, the first Abu Dhabi company to be listed on the LSE in April 2012, soared 39.5p to a record 420p after the Dubai government made health care insurance mandatory for all residents and visitors.

Director Deals - NMC Health PLC (NMC)

Jonathan Bomford, Non Executive Director, bought 10,000 shares in the company on the 28th November 2013 at a price of 413.45p. The Director now holds 10,000 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com

In Shares - forecasts for 2014 are looking conservative given the situation in Dubai.
The company will manage six hospitals in the United Arab Emirates next year as well as two day care patient centres, one medical centre and eight pharmacies. It also has a distribution business which supplies pharmaceuticals, food and scientific and medical products. Both brokers who follow NMC are bullish.

Moving up over the last few days.

NMC Health PLC (NMC:LSE) set a new 52-week high during today's trading session when it reached 440.00. Over this period, the share price is up 143.33%.

NMC Health PLC (NMC:LSE) set a new 52-week high during today's trading session when it reached 450.00. Over this period, the share price is up 161.34%.

2013 Full-Year Trading Update

RNS


RNS Number : 8191W

NMC Health Plc

03 January 2014













NMC Health Plc - 2013 Full-Year Trading Update







London, 3 January 2014: NMC Health Plc ("NMC") (LSE:NMC), the leading private sector healthcare provider operating across the United Arab Emirates, today provides a trading update for its 2013 financial year.



Trading Update

NMC expects to report results, in line with expectations, for the twelve months ended 31 December 2013. The net debt position, capital expenditure and operational cash flow are also anticipated to be in line with management expectations.



Projects update

NMC opened the Mussafah Day Patient Centre in July 2013 in close proximity to both the rapidly expanding Mohammad bin Zayed City (MBZC) suburb and the Mussafah industrial area of Abu Dhabi. The new facility is connected to a shopping mall and will cater to the growing local population for both outpatient consultancy services and minor surgical procedures. The facility will act as a referral point to our existing Specialty Hospital in central Abu Dhabi, some 35km away, and in the longer term to our new Khalifa City Hospital, some 10km away. We are pleased with progress and patient flow since opening.



Meanwhile, all our other projects including the Dubai Investment Park General Hospital, Brightpoint Women's Hospital, Al Ain Medical Centre and the Khalifa City Hospital are progressing towards their respective opening dates, as communicated earlier in 2013.







Dr B.R.Shetty, Chief Executive Officer, commented:



"I am pleased with NMC's growth over the past year in both our healthcare and distribution divisions. Management will continue to work towards increased efficiencies and operational gearing in existing operations and a smooth introduction of new assets.



The opening of our Mussafah Day Patient Centre in July 2013, was the first in a string of new near-term additions to our healthcare portfolio in the UAE. In 2014 we will see the opening of two hospitals and a medical centre, followed by the opening of our largest hospital in H1 2015.



Management and the team at NMC have worked very hard since the IPO to deliver this organic expansion program. Our strategy has been reinforced by the strong population and economic growth seen in the UAE over the past year and the recent adoption of mandatory healthcare insurance in Dubai. Consequently, I look forward to a rewarding 2014 for NMC and its shareholders"







Calendar



Full-year financial results for the twelve months ended 31 December 2013 will be issued on 25 February 2014. NMC will host an analyst/investor webcast on that day. Further details will be announced in due course.

NMC Health's growth strategy in UAE rolls on

By Giles Gwinnett

January 03 2014, 8:33am
The FTSE 250 group says this year will see the two hospitals and a medical centre open, while its largest hospital will open its doors in the first half of 2015
The FTSE 250 group says this year will see the two hospitals and a medical centre open, while its largest hospital will open its doors in the first half of 2015


United Arab Emirates (UAE) private health care group NMC Health (LON:NMC) is looking forward to further organic expansion in 2014.

The FTSE 250 group says this year will see the two hospitals and a medical centre open, while its largest hospital will open its doors in the first half of 2015.

In July this year, the firm opened a day patient centre close to both the rapidly expanding Mohammad bin Zayed City (MBZC) suburb and the Mussafah industrial area of Abu Dhabi.

Chief executive Dr B R Shetty said the firm's strategy had been boosted in 2013 by the strong population and economic growth in the UAE.

Final results for the year to end December are expected to be "in line with managment expectations"

Shetty also noted the recent adoption of mandatory healthcare insurance in Dubai.

The firm employs over 4,500 people across the UAE and operates a healthcare and trading business.

Shares dipped 1.94% to stand at 440.20p each.

Full Year Results ending 2013

http://www.moneyam.com/action/news/showArticle?id=4761378

25 Feb Numis 560.00 Buy

Dividend Timetable and AGM notice

RNS


RNS Number : 8956A

NMC Health Plc

25 February 2014








NMC Health Plc - Dividend Timetable and AGM








London, 25 February 2014: NMC Health Plc ("NMC" or the "Company") (LSE:NMC), the leading independent healthcare provider operating across the United Arab Emirates, announces details of its dividend timetable and date of its 2014 Annual General Meeting.



Further to the 2013 financial year preliminary results announcement of the Company released this morning, in which the Board announced that it is recommending a final dividend of 4.4 pence per ordinary share, the Company hereby confirms the following dividend timetable:



· Ex-dividend date - 28 May 2014



· Record date - 30 May 2014



· Payment date - 3 July 2014





Payment of the final dividend remains subject to shareholder approval at the Company's 2014 Annual General Meeting of the Company to be held on Thursday 26 June 2014, at 2:00 pm at the offices of Allen & Overy LLP, One Bishops Square, London E1 6AD.