Priory Group No. 3 PLC: Results for the Three and Nine Months Ended 30 September 2015

Priory Group, the leading provider of behavioural health in the UK, today announces its results for the three and nine months ended 30 September 2015.

Priory Group, the leading provider of behavioural health in the UK, today announces its results for the three and nine months ended 30 September 2015.

Group Financial Highlights 

Q3 performance 

YTD performance 

Operational points to note 

For a copy of the full financial report for three and nine months ended 30 September 2015 please visit http://www.priorygroup.com/investors/financial-performance

Commenting on the results, Priory Group Chief Executive Officer Tom Riall said: 

"I am pleased to report our eighth consecutive quarter of year-on-year earnings growth. Demand for our services remains strong and we have a great platform on which to further grow our business.

"Our reputation for clinical excellence, best-in-class operations, and industry-leading facilities continues to strengthen and we believe these will drive increased opportunities for future growth over the coming years."

About Priory  

The Priory Group is the leading provider of behavioural health in the UK. Our purpose is to make a real and lasting difference for everyone we support. The Priory Group consists of three principal businesses: Healthcare, Education and Children's Services and Adult Care.

The Group currently treats more than 70 different conditions through a nationwide network of more than 320 facilities that support service users' health, care, education and specialised needs.

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1. Adjusted EBITDAR excludes exceptional non-recurring items and charges for future minimum rental increases

2. Conversion of EBITDA before future minimum rental increases and exceptional items into pre-tax operating cash flow

3. Average Daily Census ("ADC") is the average number of beds or places occupied daily in our facilities

 

Enquiries:

James Isola, Maitland, +44(0)207-379-5151