Ramsay: annual sales up, profits down
Group EBITDA fell by 5.6% to €621.4 million, reflecting lower subsidies, high wage inflation and procurement costs, combined with staff shortage constraints.
Net income after tax, Group share, stood at 49.4 million euros, or 1.1% of sales, down by more than half on the previous year's 118.4 million euros, due to the contraction in operating income and higher debt costs.
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