Luz Saúde plans to carry out a capital increase of approximately
Luz Saúde is recognized as a leading private health service provider in
After the public offering, Fidelidade intends to retain the majority of the share capital of Luz Saúde.
Luz Saúde has shown strong growth momentum, as well as a significant improvement in its profitability in recent years. In 2022 and 2023, it achieved double-digit revenue growth (10% and 12%, respectively). Benefitting from the sustained activity level growth of hospitals and clinics, effective cost control, and enhanced operational efficiency, it also experienced a significant expansion in EBITDA and EBIT margins.
The public sale of shares is expected to be carried out through private placement, both in
Fosun stated that Luz Saúde's listing plan marks an important milestone for both Luz Saúde and Fidelidade in the health sector, which will benefit the development of Fosun's Health segment and enhance Luz Saúde's corporate governance, and provide Luz Saúde an independent fundraising platform. Fosun expressed its commitment to fulfilling its mission of offering high-quality and accessible healthcare to all Portuguese citizens through Luz Saúde and Fidelidade.
Luz Saúde operates 29 units, including hospitals, outpatient clinics, and a senior residence, reaching 75% of the Portuguese population. With a team of 4,876 doctors, 2,587 nurses, 1,308 technicians, and 1,126 beds, it leads the healthcare provision in
In 2023, its 14 hospitals served over 1.1 million patients and generated 92.6% of the company's revenue. Furthermore, the 14 outpatient clinics served about 246,000 external patients and contributed 6.1% to the annual revenue. The network also includes a senior residence, responsible for 0.9% of the revenue.