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 sp has drifted down from the £2.10 mark when it was listed on the aim in April.
Rated a buy by Deutche Bank. With the rising junk food consumption, a climate not conductive to outside activity, and an ageing population, the fundementals are terrific-
in a grim sort of way. Consulting group Frost and Sullivan expects double -digit growth in the healthcare market in the Arabian Gulf between 2010 and 2018, with the United Arab Emirates (UAE) set to grow by 16.6% a year from $5.9bn in 2009 to $10.9bn by 2013. Here, demand is being spurred by government action to boost private-sector involvement in the sector, along with new laws in Abu Dhabi and Dubai which require citizens to have compulsory medical insurance.

This is all good for NMC Health. NMC operates four private hospitals, one day-care centre and eight pharmacies across the emerates. In the first half sales grew by 8.4%
to $238m, driven by higher patient volumes and better occupancy rates (up to 60.3%
from 51.6% a year earlier). In April NMC raised $168.1m when it listed in London at 210p a share. This is being used to build new sites. The Brightpoint maternity hospital and Mussafah day-patient facility in Abu Dhabi should open in December.
A hospital in Dubai investment park is slated for early 2013, and up to $200m is allocated for a development at Khalifa City to be tendered this year.NMC has also established a specialist distribution business (28% of EBITDA - earnings before interest,tax,depreciation and amortisation) that extends beyond medical products to coverconsumer goods, food and educational equiptment.

Deutche bank has a price target of £3.18p

watching closely.

NMC Health plc: Interim Results 2012
RNS
RNS Number : 9448K
NMC Health Plc
29 August 2012


Highlights



· Successful IPO on Premium Segment of the London Stock Exchange raising net proceeds of US$168.1m



· Double digit revenue and Adjusted EBITDA growth in the Healthcare division



· Healthcare occupancy increases to 60.3%, up from 51.6% for the same period in 2011.



· Newly developed "Centres of Excellence" in the Al Ain and Dubai Specialty Hospitals, where we have been centralising patient care in relation to specialist clinical areas, driving revenue and EBITDA growth



· Distribution division expanded trading activities to cover over 65,000 products



· Capital projects expected to open in FY2012/FY2013 progressing within budget:

o BR Medical Suites acquisition completed after period end in July 2012 (total capital expenditure cost: US$9m);

o The Dubai Investment Park warehouse facility, for the Distribution division, now open (capital expenditure in H1, 2012 US$5.7m; total capital expenditure cost: US$7.9m);.

o Brightpoint maternity hospital in Abu Dhabi expected to open in December 2012 (capital expenditure in H1, 2012: US$19m; total capital expenditure for project: US$70m);

o Mussafah day patient medical facility expected to open in Dec 2012 (capital expenditure in H1, 2012: US$0.7m; total capital expenditure for project: US$15m);

o The Dubai Investment Park medical facility expected to open in H1, 2013 (capital expenditure in H1, 2012: US$0.05m; total capital expenditure for project: US$25m).

o Khalifa City facility is expected to be tendered for civil works in Q3 2012 (capital expenditure in H1, 2012 US$ 1.4m; potential total capital expenditure for project: US$ 200m.



· Total Capital Expenditure during H1, 2012 was US$37.1m, of which US$27.1m relates to current capital development projects.



· Cash balance of US$276.6m, net cash position of US$24.8m



· Outlook remains positive and the Group continues to trade in line with the board's expectations for the full year




http://www.moneyam.com/action/news/showArticle?id=4434306

NMC Health scores five year contract at new hospital in UAE
Mon 26 Nov 2012

NMC - NMC Health

Latest Prices
Name Price %
NMC Health 178.20p +4.95%

FTSE 250 11,855 -0.28%
FTSE 350 3,088 -0.49%
FTSE All-Share 3,024 -0.48%
Health Care Equipment & Services 3,703 -0.25%

LONDON (SHARECAST) - Shares in healthcare provider NMC Health have risen after it revealed that its subsidiary was awarded a five-year contract to operate and manage the new Sheikh Khalifa General Hospital in Umm Al Quwain, in the United Arab Emirates (UAE).

The company's fee income will total between $4.0m and $5.4m in the first year of operation, if it meets certain criteria.

NMC will also be managing all support services including pharmacy, equipment sterilisation and ambulance services as well as hospital administration.

At the end of the five years term of the agreement, the executive management team is expected to train and hand over their responsibilities to new management to be employed by the UAE Ministry of Presidential Affairs.

Under the terms of the contract, all of the capital expenditure, hospital and staff expenses will be met by the ministry.

The hospital is expected to open on December 2nd and will offer a wide range of clinical and healthcare services including general medicine and surgery, emergency and intensive care, and dental services. It will have a capacity of 55 rooms for out-patient consultation, examination and treatment, as well as nine operating theatres and a total of 205 in-patient rooms.

Dr B. R. Shetty, Chief Executive Officer, said: "We are delighted to have been awarded the contract to operate and manage the newly constructed Sheikh Khalifa General Hospital in Umm Al Quwain on behalf of the UAE Ministry of Presidential Affairs. This is the fourth emirate in which NMC Healthcare will operate, and consolidates our position as the leading pan-UAE private healthcare operator.

"This contract is a new income stream for the group, providing healthcare management services to a third party, and the award of the contract is a testament to the reputation of NMC Healthcare which has built up across the UAE over nearly four decades.

"We look forward to working with the UAE Ministry of Presidential Affairs in making the Sheikh Khalifa General Hospital a success. We also look forward to caring for the population of Umm Al Quwain and the Northern Emirates, by providing first class healthcare services to them."

The share price rose 6.01% to 180p by 13:30.

Still watching this one.

Still watching

NMC Health on target for full year
By Michael Millar

Thu 03 Jan 2013

NMC - NMC Health

Latest Prices
Name Price %
NMC Health 200.00p 0.00%

Health Care Equipment & Services 3,906 +0.32%

LONDON (SHARECAST) - NMC Health, which provides healthcare services in the United Arab Emirates, said it expected full year results be in line with expectations.

Its trading update said both revenue and profit levels for the year to the end of December were in line with expectations, while its net debt position and cash balance were as projected and capital expenditure remained on budget.

The firm reported work was progressing on its four major capital projects and the costs of each of these remained on budget.

These include hospitals in Abu Dhabi, Khalifa City and Dubai, as well as the Musaffah Day Patient Centre.

Chief Executive, Dr B.R.Shetty, said NMC's financial position remained good.

"Revenue and occupancy remained strong in the group's operational healthcare facilities during the second half of the year and our Distribution Division growth has continued as expected in the latter part of the second half of the financial year," he said.

"We are excited by the opportunities that we believe will be available to build on the group's good reputation in the UAE, with the opening of three of our four capital projects during the 2013 financial year," he added.

The firm will release its full year results for the twelve months ended 31st December on 26th February 2013

Making a good recovery

:-))

Final Tues 26th, Brilliant recovery.

http://www.barchart.com/opinions/stocks/NMC.LS

Full year group revenue rises 10.5 per cent at NMC Health
Tue 26 Feb 2013

NMC - NMC Health

Latest Prices
Name Price %
NMC Health 269.25p +0.09%

FTSE All-Share 3,308 -1.14%
FTSE Small Cap 3,688 -0.73%
Health Care Equipment & Services 3,948 -0.95%

LONDON (SHARECAST) - Group revenue rose 10.5 per cent to 490.1m dollars in the full year to December 31st at NMC Health, the healthcare provider operating across the United Arab Emirates.

In a financial report for the full year, the group reported that revenue in the healthcare division was up 15% to $251.6m compared with the full year 2011. This was driven principally by occupancy levels, which were up 750 bps to 60.5% compared with the full year 2011.

Distribution revenue was up 7.0% to $271.1m principally driven by continued expansion of product lines.

EBITDA (earnings before interest, tax, depreciation and amortisation) was up 12.9% to $79.6m compared with the full year 2011.

Business highlights for the year included the completed acquisition of BR Medical Suites in Dubai for a cash consideration of $9.0m. The company was also awarded a five year contract to manage the Sheikh Khalifa General Hospital in Umm Al Quwain.

Dr Shetty, Chief Executive Officer of NMC Health, commented: "This has been a pivotal year for NMC Health, and we are proud to have been the first Abu Dhabi-based business to list on the Premium Segment of the London Stock Exchange.

“Our full year results show that we have made strong progress across our existing facilities during 2012. 2013 will again be a year of transformation as we expect to open three of the four capital projects, which we committed to as part of our IPO, and which will help drive our future growth.”

NMC Health’s share price was up 0.37% to 270p at 12:43 on Tuesday.

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.

===================================================
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.