Singapore markets closed

Orpea SA (ORPEF)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
1.90000.0000 (0.00%)
As of 12:49PM EDT. Market open.
Full screen
Trade prices are not sourced from all markets
Previous close1.9000
Bid0.0000 x 0
Ask0.0000 x 0
Day's range1.9000 - 1.9000
52-week range1.9000 - 16.0100
Avg. volume19
Market cap122.829M
Beta (5Y monthly)1.22
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date09 Jul 2021
1y target estN/A
  • Reuters

    Orpea unsecured creditor group says will appeal restructuring plan approval

    LONDON (Reuters) -A group of Orpea's unsecured creditors will appeal a court decision to approve the French nursing care provider's restructuring plan, according to a statement issued late on Monday. Earlier on Monday, Orpea had an accelerated safeguard plan approved by the Nanterre Commercial Court, enabling the implementation of an agreement signed in February under which France's public lender Caisse des Depots et Consignations (CDC), will take control of the group, making the French state its main shareholder. Orpea's shares rose almost 6% on Tuesday, having hit a nearly one month-high at 2.16 euros earlier in the day.

  • Reuters

    Orpea's rescue plan approved by French court

    The Nanterre Commercial Court's decision should enable the implementation of an agreement signed in February with a group of investors led by France's public lender, Caisse des Depots et Consignations (CDC), which will take control of the group, making the French state its main shareholder. "Today an essential decision has just been taken to save the company," CEO Laurent Guillot said in a statement. "ORPEA's future is therefore assured."

  • Reuters

    French nursing care provider Orpea warns on 2023 core profit

    Orpea has been in turmoil since the beginning of 2022, when allegations of mistreatment in its French care homes in a book by journalist Victor Castanet sent shockwaves through the nation and much soul-searching over how the elderly are treated in nursing homes. Orpea said it now expects to fall 15-20% short of the 881 million euros it forecast in May for 2023 earnings before interest, taxes, depreciation, amortisation and rent costs (EBITDAR). The group said this was mainly due to lower revenues in France, where occupancy rates at nursing homes were well below forecast, at around 83.4% on average in the first semester of the year, due to the "adverse reputational context".