One Health ups payout as expects continued earnings and revenue growth
One Health Group PLC on Monday said it expects to deliver revenue and underlying earnings before interest, tax, depreciation and amortisation for the current financial year in line with market expectations, as it posted a pretax profit surge.
The Yorkshire, England-based independent provider of elective surgical care said pretax profit jumped 52% to £1.3 million in the six months to September 30 from £845,301 a year ago.
Operating profit climbed 33% to £1.1 million from £841,853, while underlying Ebitda was up 23% at £1.2 million from £960,055.
Turnover rose 18% to £15.6 million from £13.3 million. Cost of sales increased 14% to £12.5 million from £11.0 million.
One Health declared an interim dividend of 2.10 pence per share, up 1.4% from 2.07p a year ago.
Chief Executive Officer Adam Binns said: ‘We continue to work constructively with the local planning department and are in the final phase of securing the remaining pre-commencement planning condition sign-offs for the new Surgical Hub, all of which are close to completion, with several conditions already recommended for discharge. The remaining work relates to reaching an agreement on land contamination and remediation strategy, and ecology and biodiversity safeguards.
‘To ensure the programme does not lose time while these conditions are finalised, we are progressing a wide range of design, procurement and early-stage readiness tasks and remain confident in meeting our expectation of a one-year build time, whether approval comes before the calendar year end or in early 2026.’
Looking ahead, for financial 2026 the company expects to deliver growth at the revenue and underlying Ebitda levels in line with market expectations.
One Health cites an anticipated revenue of £29.6 million, up 4.3% from £28.4 million a year prior, and an expected underlying Ebitda of £2.3 million, which would be up 14% from £2.0 million in financial 2025.
One Health shares fell 1.7% to 229.07 pence each on Monday afternoon in London.
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