Mediclinic (MEI) FY22 Results Snapshot

Diluted HEPS increased to 19.0 pence (+97.9% y-y).
Turnover growth +7.9% y-y.
Expenses to sales creeped up to 92.1% compared to 86.1% LY.
OPM improved by 168bps to 7.0%.
Board proposed a dividend of 3.00 pence.
Hospital occupancies above 60% in both Switzerland (62.6% compared to 61.1% in FY21) and Southern Africa (64.3% compared to 56.3% in FY21).