09 August 2019 | News
In Q2 2019, Adj. EBITDA increased by 21%, bringing the EBITDA margin to 15.0%.
MLP Saglık Hizmetleri A.S. the leading private healthcare service provider in Turkey, has announces its financial results for the second quarter and the first half of 2019.
Dr. Muharrem Usta, Chairman and Chief Executive Officer of MLP Care, commented:
"In the second quarter of 2019, we recorded real growth above inflation in both revenue and EBITDA figures. Our foreign medical tourism (FMT) revenue continues to grow parallel to our expectations with the support of our successful advertising efforts.
While the healthcare insurance market in Turkey continues to grow rapidly, the number of people with top-up insurance increased over 1 million for the first time in June 2019. It has been a source of pride for us to maintain our strong position in this market. The agreement signed with Bupa Acıbadem Sigorta in April started to contribute positively to our growth trend in the private healthcare insurance segment.
In addition, we are excited to accelerate our studies in the fields of digitalisation and artificial intelligence as a result of our long-term strategy. As one of the leading companies in the healthcare sector, we believe that our efforts in these fields will be among the leading healthcare trends in our country and will inspire the sector."