Residalya

AvH: 87.42%

(€ 1,000) 2014 2015 
Turnover 80,819 91,576
EBITDA 5,379 6,369
EBIT 2,280 2,868
Net result 1,454 1,875
Shareholders' equity (group share) 23,729 25,604
Net financial position -23,268 -22,238
Balance sheet total 83,754 96,267
Personnel 1,322 1,445

Key figures

Presentation

Management

Résidence Marguerite (Meyzieu)

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Residalya

Beneficial interest AvH: 87.42%
AvH Contact: Jan Suykens
www.residalya.com

Residalya is a French group specializing in accommodation and care of dependent elderly, with emphasis on human relations between residents and staff. As of December 31, 2015, the group managed 30 residences across France, of which 28 consolidated (2,153 beds) and 2 in franchise (120 beds).

Information from the 2015 annual report

Financial overview 2015

The consolidated turnover increased to 91.6 million euros in 2015, compared with 80.8 million euros in 2014, thanks to the new and extended residences, a higher occupancy rate, and an increase in the average rent. This takes into account part of the allocations for care and dependence that are managed for the French health insurance and the ‘Conseils Départementaux’.

The net result (group share) amounted to 1.9 million euros, compared with 1.5 million euros in 2014. Following the acquisition of shares of the company Patrimoine et Santé, Residalya will eventually own more than 80% of its real estate.

At year-end 2015, Residalya had a net debt of 22 million euros, a rescheduling of which will be examined in the course of the 2016 financial year.

Operational overview 2015

Residalya’s residences had an average occupancy rate of 95.7% over 2015. The occupancy rate at year-end 2015 was 97.2%. Four residences that were opened in 2014 – Marguerite (+10 beds), La Lande Saint-Martin (+24 beds), Les Rives d’Allier (+20 beds) and Les Jardins de Saintonge – in-creased their capacity after extension and renovation works. Finally, the new residences included in the scope, Les Cinq Sens (Gard) from April 1, 2015, Le Clos Caychac (Gironde) from April 17, 2015 and Aloha (Gironde) from June 1, 2015, reported a good occupancy rate. At year-end 2015, the group had 2,217 residents.

Outlook 2016

In the early days of the 2016 financial year, two residences were added to the network: one in Saint-Lô (76 beds) and another in Lyon (60%, in association with a local operator, 88 beds). Besides the integration of these two residences, Residalya expects to acquire new residential care centres, depending on the opportunities and the financial prospects. The group also hopes to extend some of its residences by obtaining new licences. By the end of the 2016 financial year, the Residalya network will have an operational capacity of more than 2,500 beds in new or renovated centres. Residalya looks to the future with confidence.

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