General presentation of Orpea
The Orpéa Group is a French company specialising in the sector of comprehensive dependency care. More specifically, Orpea is currently the leader in this sector in Europe. It is mainly active in the operation of retirement homes, follow-up care clinics and psychiatric clinics.
To go further, it should be noted that the Orpea group currently owns and operates a network of more than 935 establishments, i.e. the equivalent of 95,187 beds, including 354 establishments and 33,443 beds in France, 172 establishments and 17,990 beds in Germany, 84 establishments and 7,474 beds in Austria, 62 establishments and 10,428 beds in Spain, 61 establishments and 7,437 beds in Belgium, 60 establishments and 1,075 beds in the Netherlands, 37 establishments and 3,695 beds in Switzerland, 22 establishments and 2,745 beds in Poland, 22 establishments and 2,296 beds in Portugal, 21 establishments and 2,649 beds in the Czech Republic, 18 establishments and 2,752 beds in Brazil, 2 establishments and 365 beds in Luxembourg and even 1 establishment in China with 140 beds.
In total, the group has a real estate portfolio of more than 2,004,000 m2 with a total value of 5.6 billion euros.
With regard to the geographical distribution of the Orpea Group's revenues, we note that 59.6% of the company's turnover is currently generated in France and the Benelux countries, 35.4% in the rest of Europe, including 4.9% in the Iberian Peninsula, and 0.1% in the rest of the world.
To help you better understand the Orpea Group's challenges and the fundamental analysis events likely to influence its share price on the stock market, we now propose to take a look at the economic and financial history of this company, from its creation to the present day, with the key dates and the most significant events.
Orpea was founded in 1989 by Jean-Claude Marian as a specialist in retirement homes.
In 1999, Orpea created its subsidiary Clinea, which specialises in SSR and psychiatric clinics.
It is finally thanks to a specialisation in the sector of luxury retirement homes and by developing throughout the world that Orpéa will succeed in doing well despite a difficult start with a relatively stable growth rate of 12%.
Today, Orpea is the leader in the private operation of retirement homes with a turnover mainly generated by this activity. 63.9% of the profits come from the 352 establishments owned by the group. The rest of the turnover is generated by the operation of clinics and convalescent homes, as the group owns 45 establishments that provide psychiatric care, follow-up care, rehabilitation and functional readaptation services.
The Oprea group has also strongly developed its activity abroad with 166 establishments in Germany, 61 in Belgium, 58 in Austria, 27 in Switzerland, 25 in Spain, 16 in Italy, 7 in Poland and 3 in the Czech Republic.
It is also important to note that 32% of the company's shares are held by Mr Marian for a total of 400 million euros. Its director is Mr Yves Le Masne. Orpea also has subsidies allocated in Belgium to nursing homes, which enables it to maximise its profits.
In 2017, the Orpea Group acquired the Anavita Group in the Czech Republic, which specialises in nursing homes.
Photo credits: Zarateman, CC0, via Wikimedia Commons