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Life Healthcare Trading Statement Points to Higher Normalised Earnings

Life Healthcare's trading statement reveals higher normalised earnings, lower HEPS and the impact of a scheme under curatorship.
Life Healthcare Trading Statement Points to Higher Normalised Earnings
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The latest Life Healthcare trading statement shows the hospital group expects higher normalised earnings for the year to end-September, although some measures are under pressure. Normalised EPS from continuing operations is expected to rise 6%-11% to 106.3c-111.3c, from 100.3c a year earlier.

However, HEPS from continuing operations is expected to fall 1%-6% to 100.7c-106c. That compares with a pro forma figure of 107.1c for the previous year.

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