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Medica Affirms Profit Margin of More Than 26%, Investir Says

Medica SA, a French nursing-home operator, affirmed its target for a profit margin of more than 26 percent this year, the French weekly Investir said, citing Chief Executive Jacques Bailet.

Earnings before interest, taxes, depreciation, amortization and rental expenses was 26 percent of revenue in the first half of the year, the company reported in September.

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