Netcare being hammered today, think further pain is due when guidance on the lack of progress of the akeso merger will be provided.
The bad UK acquisition has come home to roost:
The weaker performance by the UK operations,particularly in the second half of the financial year, has resulted in a negative contribution to adjusted
HEPS from this division.
Adjusted headline earnings are anticipated to be between 22.5% and 27.5% lower and adjusted HEPS between 22.5% and 27.5% lower than those for the previous financial year.