Our Growth
A high-growth market
For the last 10 years, MEDICA has recorded double digit growth. The outlook for this sector with particularly high growth potential is extremely favorable.
This growth is driven primarily by current ageing population trends which create an ever increasing demand for senior citizen housing and care.
Today in France, there are 1.5 million people who are over 85 years of age. By 2020, this population will have reached 2.1 million, an increase of over 40%.
However this increase has been growing at a much faster rate than the number of new available places in long-term and temporary care facilities.
In consultation with French government and regulatory authorities, MEDICA is highly active in creating new facilities and care services.
With the Italian demographic situation being comparable to that of France, MEDICA is also committed to becoming a leading market player in Italy.
Furthermore, MEDICA has developed expertise in acquiring and integrating existing facilities (nursing homes, health clinics, rehabilitation and recuperative care centres). Since 2007, the company has acquired a total of 49 facilities.
Medica's Group tagged great at the time of its first quotation to the french stock extchange was a minimal turnover growth of 10% for 2010 and of at least 45% for th 2010-2011 period. This geal has been over performed in 2010 as the group has shown a growth over 12%.
A network of strategically located facilities
The group facilities are loctaed in France on each of the 21 administratie regions (France metropolitan without Corsica) mainly concentrated in 3 regions representing about 45% of the GDP per inhabitant (source: EUROSTAT 2006): Ile-de-France (Parie area), Rhône-Alpes and Provence-Alpes-Côtes d'Azur.
The group is also present since 2005 in Italy, mainly in two regions of north of Italy, the Piémont and the Lombardie, where the GDP per inhabitant is among the highest of the country (source: http://europa.eu).
MEDICA’s strategy
MEDICA’s strategy is based on the following five principles:
- Pursue high organic growth through a dynamic policy of creating new facilities and renovating existing ones.
- Pursue targeted external growth in order to expand in areas with high population density.
- Maintain an active policy of real estate management designed to optimize the company’s portfolio structure and financial flexibility.
- Continue to apply demanding quality standards across all business activities in line with recognized ethical values.
- Strengthen the company’s first-class team of operational managers and technical experts.