SUMMARY OF THE AHEALTH BUSINESS SEGMENT RESULTS AS
Afrox Hospitals -
("BOC")
Afrox Healthcare Limited
(Incorporated in the Republic of South Africa)
(Registration number 1985/001313/06)
("Ahealth" or "Afrox hospitals")
ISIN: ZAE000022059 Share code: AHH
The following information is an extract of the results made available by BOC,
Ahealth"s ultimate parent company:
SUMMARY OF THE AHEALTH BUSINESS SEGMENT RESULTS AS REPORTED BY THE BOC GROUP PLC
("BOC") FOR THE NINE MONTHS TO 30 JUNE 2003 ("THE RESULTS")
" AFROX HOSPITALS
Unless stated otherwise,
- all comparisons that follow are on the basis of constant exchange rates;
- operating profits exclude exceptional items;
- comparisons are made with the same period a year ago;
- the third quarter means the fiscal quarter to 30 June 2003.
Volumes on existing business were essentially unchanged for the third quarter
but turnover increased, helped partly by the acquisition of the Little Company
of Mary hospital group in October 2002. The acquisition of the Amahosp group in
January 2002 also contributed to the increase in turnover for the nine months.
Operating profit increased more than turnover largely as a result of improved
margins and the new business.
9 months to 30 June Fiscal third quarter
2003
Business Turnover Operating Turnover Operating profit
segments profit
GBP million
Afrox 249.7 +16% 30.7 +31% 93.3 +12% 12.1 + 17%
hospitals
BOC"s subsidiary, African Oxygen Limited ("Afrox"), announced Last month that it
was in the process of considering its strategic options with regard to its
shareholding in Afrox Healthcare Limited. This may or may not lead to a change
in the shareholding of Afrox in Afrox Healthcare Limited. Accordingly
shareholders are advised to continue exercising caution when dealing in shares."
The details of the results for the nine months to June 2003 are available on
BOC"s website at the following address: www.boc.com.
By order of the Board
Johannesburg
5 August 2003
Sponsor
Nedbank Corporate
Date: 05/08/2003 08:37:53 PM Supplied by www.sharenet.co.za
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