Netcare Ltd Unsp/Adr (NWKHY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and a very warm welcome to NetCare Limited's interim group results presentation for the six months ended the 31st of March, 2025. May I also welcome our chair of NetCare, Alex Medici, members of the NetCare board, our EXCO, and our senior management teams. As always, let me express my very sincere thanks to our management teams and NetCare staff across all of our divisions for their hard work, collective efforts and commitment over the past six months. And also thanks to our board members for their support and guidance. I'm going to begin with an overview of our group results and the operational performance of our various divisions before handing over to our Chief Financial Officer, Keith Norman Gibson, who will unpack our financial results in more detail. I will then conclude by providing more detail on the progress we have made on certain key strategic areas and present our guidance for the remainder of the year. Now, just a quick reminder of the extensive and growing array of facilities and services we provide within the NetCare ecosystem across 10 unique divisions. Looking at our overall results, despite a very challenging macroeconomic, regulatory and competitive environment, The past six months for NetCare has been characterized by a strong, consistent operational and financial performance, continued operating leverage supported by efficiencies, digitization benefits, and lower strategic costs, maintenance of a strong statement of financial position, and further improvement in the ROIC to 11.9%, The return of 984 million to shareholders through ordinary dividends and share buybacks, which is over 60% more than the 613 million distributed in the same period last year. Phases two and three of our strategy are gaining momentum, ...