Clariane SE
F:KO2

Watchlist Manager
Clariane SE Logo
Clariane SE
F:KO2
Watchlist
Price: 3.752 EUR -3.2% Market Closed
Market Cap: €1.3B

Clariane SE
Investor Relations

Clariane SE runs care facilities and services for older people and for patients who need rehabilitation or mental health support. Its business includes nursing homes, assisted living residences, home care, and other care settings where trained staff provide day-to-day support, medical supervision, and social services. The company is a basic part of the long-term care chain: families, patients, and public health systems rely on it when people cannot live fully independently. Clariane makes money mainly by charging residents, families, insurers, and public health systems for stays and care services. In some cases it also works with hospitals and local authorities to provide rehabilitation or specialized care. Its income comes from operating these facilities and from the steady demand for ongoing care rather than from one-time product sales. What makes the business different is that it is tied to essential care needs that are hard to replace with software or manufacturing. The company must combine real estate, trained staff, medical oversight, and daily hospitality-style operations. That puts Clariane in a service-heavy, regulation-heavy industry where trust, local presence, and the ability to provide long-duration care matter most.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 30, 2026
AI Summary
Q2 2026

Strong operating performance: Clariane said first-half organic revenue growth reached 4.6%, with EBITDA improving faster than sales thanks to higher occupancy, pricing, and cost control.

Margins up: Pre-IFRS 16 EBITDA rose 14.9% on a pro forma basis to EUR 280 million, and the margin improved 90 basis points to 10.4%. OPCO EBITDA grew 25.1% pro forma, with margin up to 6.2%.

Refinancing completed: The group issued more than EUR 1 billion over six months, regained access to debt markets after new ratings from S&P and Moody's, and extended its debt maturity profile beyond 2030.

Liquidity strengthened: Reported liquidity reached EUR 1.736 billion at June 30, including cash and undrawn credit lines, while net financial debt fell by EUR 539 million year over year to EUR 3.020 billion.

Outlook confirmed: Management reaffirmed both the 2023-2026 and 2025-2028 targets, saying H2 should benefit from seasonality, continued pricing gains, and more savings from efficiency programs.

AI and heat resilience: Clariane said it is using AI more broadly in back-office work and care documentation, while also budgeting around EUR 10 million of CapEx over the next three years to expand air conditioning in hotter parts of its network.

Key Financials
Consolidated revenue
EUR 2.699 billion
Long-term care organic growth
5.0%
Specialty Care organic growth
3.2%
Pre-IFRS 16 EBITDA
EUR 280 million
Pre-IFRS 16 EBITDA margin
10.4%
OPCO EBITDA
EUR 168 million
OPCO EBITDA margin
6.2%
Operating cash flow
EUR 144 million
Operating free cash flow
EUR 20 million
Net free cash flow after CapEx
close to breakeven
Net financial debt
EUR 3.020 billion
Reported liquidity
EUR 1.736 billion
Reported Wholeco leverage
4.9x
Pro forma Wholeco leverage
5.4x
Average occupancy rate
91.7%
Real estate portfolio gross value
EUR 2.428 billion
Net asset value
EUR 550 million
CapEx
EUR 300 million
Air conditioning CapEx
around EUR 10 million
Average wage increase expectation for 2027
around 2%
Earnings Call Recording
Other Earnings Calls
2026

Management

Ms. Sophie Boissard
CEO & Director
No Bio Available
Mr. Grégory Lovichi
Group Chief Financial Officer
No Bio Available
Stephane Bisseuil
Head of Investor Relations
No Bio Available
Mr. Nicolas Pecourt
Group Chief Communications Officer
No Bio Available
Ms. Nadege Plou
Group Chief Human Resources Officer
No Bio Available
Mr. Rémi Boyer
Deputy CEO & Executive Vice President of Germany
No Bio Available
Mr. Charles-Antoine Pinel
Group Executive Vice President of Business Development & New Countries
No Bio Available
Mr. Nicolas Merigot
Executive Vice President of France
No Bio Available
Mr. Frédéric Durousseau
Chief Real Estate & Development Officer
No Bio Available
Mr. Dominiek Beelen
Executive Vice President of Belgium & the Netherlands
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
21 - 25 rue Balzac
Contacts
+33155375200
www.clariane.com