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Primary Health Properties 'lay foundations for future growth'

Primary Health Properties PLC (LSE:PHP, FRA:PP51)'s (LON:PHP) CEO Harry Hyman and CFO Richard Howell explain to Proactive London's Katie Pilbeam the round up of their half-term results. 

Their update shows the occupancy level is up 99.7% for the six months which ended on June 30th, while net rental income grew 4.5% to £67.7mln over the period, giving adjusted earnings of £40.7mln, up 13.1%.

Hyman explains that as lockdowns and restrictions in the UK and Ireland are lifted, the COVID-19 pandemic continues to highlight the need for modern, integrated, local primary healthcare facilities. He also highlights the continued problem with Covid-19, namely long Covid and addressing the backlog of procedures missed over the last two years.

Quick facts: Primary Health Properties PLC


Price: 159.1 GBX

Market Cap: £2.12 billion

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