Life Healthcare (LHC) FY22 Results Snapshot

Diluted HEPS declined to 105.6cps (-4.6% y-y).
Turnover growth +4.9% y-y – Hospitals and complimentary services +6.0% y-y, Healthcare services -6.9% y-y, Diagnostics services +2.8% y-y.
Expenses to sales expanded to 91.4% compared to 90.0% LY.
OPM reduced by 15bps to 11.0%.
Final dividend of 25cps declared (Interim:15cps).
Net debt increased from R12.7bn to R13.3bn.