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Netcare - voluntary update
Netcare has provided a voluntary update on its FY 2026 operational performance, with results to be fully disclosed in November 2026. Key highlights include a 1.6% increase in total paid patient days (PPD), driven by a 0.8% rise in acute PPD, and an 8.2% growth in mental health PPD. Despite challenging market conditions, demand for private healthcare remained resilient. Revenue is expected to grow by approximately 4.0%, supported by a 4.2% increase in hospital and emergency services, although primary care revenue declined by 6.9% due to a non-renewed contract. The company repurchased R1.042 billion worth of shares, reducing the total shares in issue to 1 140.4 million. The full financial results will be released on or about Monday, 23 November 2026.
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