- Spire Healthcare Group
- 03 December 2025 07:17:07
Source: Sharecast
Spire said revenues grew 3.6% year-on-year in the four months ended 31 October, as self-pay demand continued to improve. However, Spire cautioned that reduced NHS activity, linked to Integrated Care Board budget restrictions, would weigh on performance.
As a result, the FTSE 250-listed firm expects full-year adjusted group underlying earnings to land at the lower end of its £270m to £285m guidance range.
Looking ahead, Spire anticipates 2026 earnings to be broadly in line with or slightly ahead of the current year, supported by further £30m savings and ongoing investment in private payor partnerships.
However, Spire also noted that NHS volumes remained a "material uncertainty", particularly in the first quarter, with proposed tariff uplifts falling short of inflation.
Spire also announced that it had reached an 18-month extension to the maturity of its existing banking facilities of £425m to August 2028.
Reporting by Iain Gilbert at Sharecast.com