UPDATE 1-NMC Health raises full-year core earnings view | Reuters:
United Arab Emirates-based healthcare provider NMC Health Plc on Monday raised its full-year core earnings and revenue forecasts, citing strong organic growth, and said it remained confident in achieving its longer-term margin guidance.
The company raised its core earnings forecast by 3.2 percent to $480 million for the year and said it expected revenue to grow 24 percent, 2 percentage points more than its previous expectation.
“2019 guidance will also point towards continuation of strong organic growth on the back of a sustained ramp-up at key facilities, integration and expansion of acquired entities, as well as a strong operational performance,” the company said.
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